Pakistani Rupee (PKR) remains volatile in the international currency market and shows fluctuations with the US Dollar, Euro, Pound, and other key currencies. These daily shifts affect imports, exports, remittances, and the overall cost of living. In international trade and financial planning, businesses and individuals are keenly monitoring these exchange rates so as to make informed decisions. The update today shows the most recent PKR rates and contrasts them with the previous day’s amounts to have a better idea of them.
Current Exchange Rates
They are as follows: a glimpse of the current rates:
| Currency | Symbol | Yesterday (PKR) | Today (PKR) | Change |
| US Dollar | USD | 282.5 | 281.7 | ▼ 0.8 |
| Canadian Dollar | CAD | 204.2 | 205.0 | ▲ 0.8 |
| Emirati Dirham | AED | 77.0 | 76.7 | ▼ 0.3 |
| Euro | EUR | 330.1 | 329.2 | ▼ 0.9 |
| British Pound | GBP | 379.8 | 380.5 | ▲ 0.7 |
| Australian Dollar | AUD | 183.5 | 184.3 | ▲ 0.8 |
The US Dollar is being held in the limelight at 281.7 PKR, a notch below yesterday. The Canadian Dollar and the British Pound increased by a slight margin, whereas the Euro and the Dirham formed slight declines.
Economic Implications
Such daily shifts in currency valuation directly impact Pakistan’s economy. A dip in the Dollar eases import costs and inflationary pressures, while increases in the Pound and Canadian Dollar benefit exporters and remittance earners from those regions. Strong currency rates cost students, travelers, and businesses that do business with Europe and the UK a little bit more.
To the families that depend on UAE remittances, a small decrease in the Dirham may imply a drop in inflows in the PKR terms. Conversely, the strength of the Euro and Pound gives an upper hand to the exporters in those markets and enhances their competitiveness.
Conclusion
The fluctuation of the Rupee against major currencies underlines how fragile the Pakistani economy is. Those small changes in daily life may be insignificant on a large scale, but in total, they affect imports, exports, remittances, and inflation. Being aware of such changes assists organizations and individuals in better planning in terms of financial sustainability.