Foreign exchange rates play a crucial role in the global economy, impacting financial decisions for individuals and businesses. In Pakistan, where international trade is a key economic driver, fluctuations in exchange rates directly affect import costs, consumer goods prices, and trade agreements.
For travelers and those making international transactions, staying informed about currency rates is essential to managing expenses and avoiding financial losses. The Forex Association of Pakistan has released the latest exchange rates for today, 15 February 2025:
Currency Exchange Rates (Buying/Selling):
- US Dollar: 279.75 / 281.25
- UK Pound Sterling: 349.75 / 353.25
- Euro: 291.00 / 293.75
- Saudi Riyal: 74.25 / 74.80
- U.A.E Dirham: 75.95 / 76.60
- Canadian Dollar: 196.60 / 199.00
- Australian Dollar: 176.75 / 179.00
- Chinese Yuan: 37.59 / 37.99
- Indian Rupee: 3.11 / 3.20
Other foreign currencies, including the Kuwaiti Dinar, Swiss Franc, and Malaysian Ringgit, also saw minor fluctuations. Businesses rely on these rates to adjust pricing strategies, while individuals use them for budgeting and financial planning.
Given the ever-changing nature of global currency markets, staying updated with the latest exchange rates is essential for making well-informed financial decisions.