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Home Business & Stock

Check out today’s forex rates in Pakistan- 8 February 2025

MM News Staff by MM News Staff
February 8, 2025
Reading Time: 3 mins read
Foreign Currency Rates

(Image: The Newspaper)

Foreign currency rates play a crucial role in the global economy, impacting financial choices for both individuals and businesses. In countries such as Pakistan, where trade is essential, exchange rates dictate how much local currency is needed to import goods and services.

A fluctuation in foreign currency rates can influence everything from the cost of consumer goods to international trade agreements. For those traveling abroad or making international payments, understanding the current foreign currency rates is essential to avoid unexpected expenses or financial losses. Today’s foreign currency rates provided by the Forex Association of Pakistan are given below:

Currency Buying Selling
Australian Dollar 175.75 178.00
Bahrain Dinar 738.60 746.60
Canadian Dollar 195.60 198.00
China Yuan 37.59 37.99
Danish Krone 38.06 38.46
Euro 290.00 292.75
Hong Kong Dollar 35.47 35.82
Indian Rupee 3.11 3.20
Japanese Yen 1.85 1.91
Kuwaiti Dinar 896.30 905.80
Malaysian Ringgit 62.18 62.78
New Zealand $ 155.78 157.58
Norwegian Krone 24.51 24.81
Omani Riyal 722.90 731.40
Qatari Riyal 75.93 76.63
Saudi Riyal 74.20 74.75
Singapore Dollar 208.25 210.25
Swedish Korona 25.13 25.43
Swiss Franc 305.25 308.00
Thai Baht 8.13 8.28
U.A.E Dirham 75.85 76.50
UK Pound Sterling 346.75 350.25
US Dollar 279.60 281.10

Keeping track of these rates allows individuals to plan their budgets, while businesses can adjust their pricing strategies to remain competitive. With the dynamic nature of currency markets, staying updated on the latest exchange rates is vital for making informed financial decisions in today’s globalized world.

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