The UK Pound (GBP) to Pakistani Rupee (PKR) exchange rate stood at 368.64 on Friday, April 04, 2025.
The UK pound was purchased for Rs 368.64 and sold for Rs 371.68 on the open market. Businesses, tourists, and people transferring money between the UK and Pakistan are often impacted by the fluctuation in currency rates.
Changes in supply and demand for both currencies, as well as economic variables like inflation and interest rates, are some of the main causes of the volatility in the GBP/PKR exchange rate. Currency fluctuation is also influenced by shifts in trader expectations, market mood, and international relations.
The Workings of Currency Appraisal
Currency values are set by the foreign exchange market, where supply and demand are balanced by exchange rates. By implementing monetary policies and maintaining currency reserves, central banks also influence exchange rates.
The intricate interaction of these variables affects the current exchange rate between the UK pound and the Pakistani rupee. Businesses and individuals may more successfully navigate the global economy by keeping abreast of exchange rate swings.
Read more: Kuwaiti Dinar to Pakistani Rupee Rate Today- April 4, 2025
Currency values are set by the foreign exchange market, a worldwide marketplace for currency purchases and sales. The intersection of supply and demand is reflected in the exchange rate. Through their currency reserves and monetary policies, central banks may also affect exchange rates.
The UK Pound to PKR exchange rate has seen fluctuations due to various economic factors, with the latest rate standing at 361.5 PKR per GBP.
Staying informed about these shifts is crucial for businesses and individuals, as it allows them to make strategic financial decisions in an increasingly dynamic global market.
Recent trends indicate that the exchange rate has experienced slight variations, with the highest recorded value reaching 377.66 PKR per GBP in March 2025 and the lowest at 339.46 PKR per GBP in January 2025
#Pound #Pakistani #Rupee #Rate #Today #April
Leave a Reply