The State Bank of Pakistan (SBP) has released the latest exchange rates for major international currencies against the Pakistani Rupee (PKR) on November 10, 2025. These rates are crucial for authorized foreign exchange dealers, who use them to revalue their books daily. The rates are based on the average closing interbank exchange rate for the US Dollar (USD), with other currencies derived from USD/PKR data. The information also includes data from the LSEG Workspace for USD exchange rates.
The US Dollar (USD) showed a slight depreciation, trading at 280.8539 PKR in the spot market. Forward rates for the USD rose to 293.1637 PKR for the one-year tenor. Other Gulf currencies remained relatively stable. The Saudi Riyal (SAR) held steady at 74.8890 PKR, while the UAE Dirham (AED) stood at 76.4666 PKR. Similarly, the Qatari Riyal (QAR) traded at 77.0570 PKR in the spot market, with both currencies showing slight increases in their one-year forward rates.
The Kuwaiti Dinar (KWD) remained one of the strongest currencies, trading at 914.7870 PKR in the spot market. Its one-year forward rate reached 962.2500 PKR, reflecting continued demand. Meanwhile, the Euro (EUR) experienced a slight dip, trading at 323.3611 PKR, with its forward rate advancing to 343.4381 PKR. The British Pound (GBP) saw a similar trend, trading at 366.9356 PKR with a one-year forward rate of 382.8327 PKR.
Other currencies showed varied movements. The Turkish Lira (TRY) recorded a slight depreciation in forward premiums, with its spot rate at 6.5895 PKR and its one-year rate dropping to 6.2735 PKR. The Bahraini Dinar (BHD) stood at 744.9947 PKR, with a one-year forward of 773.6000 PKR. Analysts suggest that the minor weakening of the USD and EUR is due to global economic factors, while the resilience of Gulf currencies is supported by stable regional conditions.
In addition to major currencies, several others saw fluctuations. The Japanese Yen (JPY) traded at 1.8269 PKR, the Swiss Franc (CHF) at 347.2906 PKR, and the Australian Dollar (AUD) at 182.9061 PKR. The Canadian Dollar (CAD) stood at 199.1518 PKR. Other currencies included the Swedish Krona (SEK) at 29.4509 PKR and the Norwegian Krone (NOK) at 27.7278 PKR. The data reflects the ongoing influence of global monetary policies and remittance inflows, which continue to support the PKR.
