Foreign exchange rates in Pakistan on December 29, 2025, reflected a cautiously stable yet pressured rupee amid ongoing economic adjustments and market-driven demand. In the open market, the US dollar traded at around Rs 283.05, maintaining its position as the primary benchmark currency for imports, external debt servicing and investor sentiment. The euro was quoted at approximately Rs 334.10, influenced by trade dynamics with European markets and continued global currency volatility. The British pound remained one of the strongest currencies against the rupee, trading near Rs 382.85, largely driven by sustained demand related to travel, education and remittances from the United Kingdom.
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Among regional currencies, the Saudi riyal stood at around Rs 75.45, while the UAE dirham hovered close to Rs 77.55. These Gulf currencies remain particularly significant for Pakistan due to the large expatriate workforce in the Middle East and the steady flow of remittances, which play a critical role in supporting foreign exchange reserves. Market participants noted that fluctuations in these rates continue to be shaped by seasonal remittance inflows, import payment cycles and expectations around global interest rate movements.
Foreign Exchange Rates (Approximate Open Market Figures)
US Dollar (USD to PKR): around 283.05
Euro (EUR to PKR): around 334.10
British Pound (GBP to PKR): around 382.85
Saudi Riyal (SAR to PKR): around 75.45
UAE Dirham (AED to PKR): around 77.55
The rupee’s performance also reflects broader economic factors, including fiscal discipline measures, import management policies and confidence linked to external financing arrangements. While short-term movements are driven by demand and supply pressures in the open market, longer-term stability is closely tied to export growth, remittance sustainability and macroeconomic reforms. Overall, the December 29 exchange rates highlight a currency environment marked by cautious optimism, where relative stability persists, but underlying vulnerabilities continue to require careful economic management and consistent policy support.
