The State Bank of Pakistan has released the official exchange rates for October 28, 2025, showing the stability of the Pakistani Rupee. The US Dollarremains steady at PKR 280.97 in the ready market, holding its position near the PKR 281 mark. Forward contracts indicate slight fluctuations, with one-week rates at PKR 281.13 and one-year rates at PKR 293.23, suggesting market expectations for the rupee’s future performance.
The British Pound is valued at PKR 374.47 in the spot market, continuing its strength against the Pakistani Rupee. Forward rates for the Pound show PKR 374.67 for one-week deliveries and PKR 390.17 for one-year contracts. This highlights the ongoing premium position of the Pound compared to other major currencies in the region.
Gulf currencies, closely tied to Pakistan’s economic partnerships, show consistent stability. The Saudi Riyal is trading at PKR 74.92, with forward rates at PKR 74.94 for one week and PKR 77.56 for one year. The Bahraini Dinar remains strong at PKR 745.34, with one-week rates at PKR 745.62 and one-year forwards at PKR 774.04. Similarly, the UAE Dirham is at PKR 76.50, reflecting its stability due to its peg to the US Dollar.
Other major currencies also maintain steady exchange rates. The Euro is valued at PKR 327.43, while the Japanese Yen is at PKR 1.85 per unit. The Canadian Dollar trades at PKR 200.71, and the Australian Dollar is at PKR 184.02. The Kuwaiti Dinar and Omani Rial remain among the highest-valued currencies, trading at PKR 916.53 and PKR 729.77, respectively.
Asian currencies, such as the Chinese Yuan, Singapore Dollar, and Indian Rupee, are also stable. The Chinese Yuan is trading at PKR 39.57, and the Singapore Dollar at PKR 216.91. The Indian Rupee is valued at PKR 3.18 per unit, reflecting a relatively stable position for these regional currencies in the market.
Read More :USD to PKR: Dollar Rate in Pakistan – October 27, 2025
The US Dollar (USD) continues to show strength against the Pakistani Rupee (PKR) on October 27, 2025. The exchange rate reached 283.22 PKR per USD, maintaining upward pressure on the local currency. This marks the start of another week where the USD has remained firm, surpassing the 280-mark consistently. Despite minor fluctuations, demand for the dollar remains strong, keeping the Rupee on the defensive.
The high valuation of the USD reflects Pakistan’s persistent economic challenges. Key factors include a large trade deficit and high external debt. Pakistan needs USD to cover its massive import bill, particularly for energy and food items. Additionally, servicing foreign debt requires significant dollar reserves. Shortfalls in Foreign Direct Investment (FDI) or remittances worsen the Rupee’s weakness.
