Pakistan Currency Rates Stable on August 2, 2025

Download IPFS

The State Bank of Pakistan (SBP) released the latest Mark-to-Market (M2M) exchange rates on August 2, 2025, showing stability in the Pakistani rupee against major currencies, providing clarity for businesses and investors.

On August 2, 2025, the State Bank of Pakistan (SBP) published its Mark-to-Market (M2M) exchange rates, reflecting a stable performance of the Pakistani rupee (PKR) against major global currencies, as reported by Pakistan Observer. The US Dollar (USD) recorded a buying rate of Rs284.7 and a selling rate of Rs285.4 in the open market, a slight dip from the previous day’s Rs284.9 and Rs285.6, according to forex.pk. The Euro (EUR) held steady with a buying rate of Rs324.35 and a selling rate of Rs325.8, while the British Pound (GBP) settled at Rs375.1 for buying and Rs376.6 for selling. Other currencies, including the Australian Dollar (AUD), Canadian Dollar (CAD), and Chinese Yuan (CNY), showed no significant changes, signaling a period of relative calm in Pakistan’s foreign exchange market.

The SBP’s M2M rates, used by authorized dealers for daily transactions, are critical for businesses engaged in international trade and for investors monitoring Pakistan’s economic health. The central bank’s oversight ensures transparency, with rates reflecting market-driven valuations, as noted in its official guidelines on sbp.org.pk. The stability comes amid the SBP’s efforts to bolster foreign exchange reserves, which reached $19.61 billion by July 25, 2025, per a statement on the bank’s official Facebook page. This follows a current account surplus of $1.2 billion for the first half of the fiscal year, driven by improved trade balances, according to Reuters.

Finance expert Ariba Shahid, quoted by Reuters, emphasized that stable exchange rates support economic predictability, aiding businesses in planning imports and exports. The SBP’s recent rate cut to 12% on January 27, 2025, has also eased inflationary pressures, with consumer inflation dropping to 4.1% in December 2024, the lowest in over six years. This stability fosters confidence among investors and travelers, who rely on consistent rates for remittances and international transactions. The SBP’s proactive measures, including close monitoring of exchange markets, continue to shield Pakistan’s economy from external volatility, ensuring a steady environment for financial planning and growth.