KARACHI, May 16, 2025 – The Kuwaiti Dinar (KWD) witnessed a slight decline against the Pakistani Rupee (PKR) in the open market today, settling at PKR 916.01, compared to PKR 917.07 yesterday. This minor drop of PKR 1.06 reflects subtle shifts in forex demand, improved foreign reserves, and stable remittance inflows into Pakistan.
The KWD, backed by Kuwait’s oil-rich economy and pegged to a currency basket, remains the world’s most valuable currency. In contrast, the PKR remains more volatile due to ongoing economic reforms, inflation control efforts, and foreign borrowing pressures.
Despite the slight dip, analysts believe the change is unlikely to significantly affect expatriates or bilateral trade. The stable rate continues to offer predictability for remittances and imports. Market watchers are advised to monitor oil price movements and Pakistan’s fiscal strategies for future shifts.
