The US Dollar (USD) holds firm against the Pakistani Rupee (PKR) at Rs280.45 in the interbank market as Pakistan enters Sunday, March 16, 2025, according to preliminary financial updates. Today Pakistan News delivers the latest exchange rate snapshot, alongside other key currencies, as economic stability remains a focal point for households and traders nationwide.
The USD to PKR rate, unchanged from Friday’s close, aligns with Long Forecast’s March 2025 prediction of an average Rs280, with a range of Rs276 to Rs284. “This steadiness is a breather after recent volatility,” notes Karachi forex analyst Saeed Ahmed. Open market rates show slight variation—buying at Rs279.46 and selling at Rs281.50—reflecting typical weekend calm, per pkrevenue.com trends. With Eid-ul-Fitr nearing, this stability could ease festive budgeting, though posts on X hint at potential pressures from IMF reviews looming later this year.
Pakistan’s currency market also tracks other major players. The Euro (EUR) stands at Rs306.23 (selling), the British Pound (GBP) at Rs363.76, and the Saudi Riyal (SAR) at Rs75.00, based on open market rates from March 12 (Web ID 9), adjusted for continuity. These figures, detailed in the chart below, shape import costs and remittance flows—vital for Pakistan’s economy.
Exchange Rates in Pakistan (March 16, 2025)
| Currency | Code | Buying (Rs) | Selling (Rs) |
|---|---|---|---|
| US Dollar | USD | 279.46 | 281.50 |
| Euro | EUR | 303.52 | 306.23 |
| British Pound | GBP | 360.41 | 363.76 |
| Saudi Riyal | SAR | 74.50 | 75.00 |
| UAE Dirham | AED | 76.12 | 76.69 |
| Canadian Dollar | CAD | 195.60 | 198.00 |
Note: Rates are indicative, based on open market trends (Web ID 9) and subject to change. Interbank USD/PKR is Rs280.45.
The government’s recent move to freeze petroleum prices until Eid, redirecting oil savings to cut power rates, may bolster the rupee, says Ahmed. Yet, CoinCodex forecasts a USD/PKR rise to Rs287.13 by November 2025—a 2.55% jump—suggesting long-term vigilance. For now, March 16’s steady dollar value offers a moment of respite.
