PKR Gains USD SAR AED KWD Rates Today
Pakistan Rupee Strengthens Slightly as Key Currency Rates Dip
Islamabad, August 15, 2025 – The Pakistani Rupee (PKR) showed a modest gain against several major foreign currencies on Friday, according to the latest rates from the State Bank of Pakistan (SBP) and data compiled from brokerage houses and Reuters Eikon Terminal. The rates reflect the weighted average of interbank closing rates for the US Dollar (USD) and other key currencies, including the Saudi Riyal (SAR), UAE Dirham (AED), Kuwaiti Dinar (KWD), Canadian Dollar (CAD), and Qatari Riyal (QAR).
Key Currency Rates Against PKR (August 15, 2025)
Saudi Riyal (SAR): Ready rate at PKR 75.17, slightly down from PKR 75.20 on August 13. The 1-year forward rate fell marginally to PKR 78.15. This small drop may ease remittance and Hajj/Umrah-related expenses.
UAE Dirham (AED): Ready rate at PKR 76.80, down from PKR 76.84, potentially lowering costs for trade and expatriate transactions.
Kuwaiti Dinar (KWD): Ready rate at PKR 923.34, with a minor decline across forward rates, which may reduce costs for high-value imports.
Canadian Dollar (CAD): Ready rate at PKR 204.47, down from PKR 205.10, offering some relief for trade and Pakistani diaspora in Canada.
Qatari Riyal (QAR): Ready rate at PKR 77.39, down from PKR 77.43, easing expenses for Pakistanis working in Qatar.
US Dollar (USD): Ready rate at PKR 282.06, slightly lower than PKR 282.22 on August 13. Open market quotes on X report the USD at PKR 283.91, reflecting ongoing currency shortages.
Other Notable Currency Movements
Euro (EUR): Ready at PKR 329.59, down by PKR 0.87
British Pound (GBP): Ready at PKR 382.36, showing a slight increase of PKR 0.06
Swiss Franc (CHF): Ready at PKR 350.21, down by PKR 1.07
Australian Dollar (AUD): Ready at PKR 183.71, down by PKR 1.16
Singapore Dollar (SGD): Ready at PKR 219.97, down by PKR 0.43
Analysis
The dip in rates for most currencies over the past two days suggests a short-term strengthening of the PKR, which could lower costs for imports, remittances, and travel. The GBP remains slightly resilient, though its forward rates remain largely stable. While the PKR shows short-term gains, forward rates for six months to one year indicate that the market expects potential depreciation in the medium term.
These M2M (mark-to-market) rates are essential for authorized dealers to revalue their books daily, impacting financial reporting, trade pricing, and investment strategies. For everyday Pakistanis, currency fluctuations affect remittances, travel budgets, and overseas education costs.
Mutib Khalid is a skilled content writer and digital marketer with a knack for crafting compelling narratives and optimizing digital strategies. Excel in creating engaging content that drives results and enhances online presence. Passionate about blending creativity with data-driven approaches, Mutib Khalid helps brands connect with their audience and achieve their goals.
