KARACHI – UK Pound or GBP sterling exchange rate for Pakistani rupee witnessed gains as it stood at Rs346.31 in the open market on Wednesday, 5 February 2025, after gaining Rs3.55.
The selling rate of the pound also strengthened as it reached Rs350.55 in the South Asian country.
The currency code for the British Pound Sterling is GBP, which is the official currency of the United Kingdom. The pound sign (£) is used for the British Pound Sterling, also known as “sterling.”
Over 1.5 million Pakistani expatriates reside in the United Kingdom, making it a significant contributor to remittances received by Pakistan from overseas nationals.
Pound to PKR Today
The pound is being traded at Rs346.31 in the open market. So, the 1,000 pounds will be equal to Rs346,310 in Pakistani currency.
The United Kingdom has been engaged with Pakistan to support sustainable development by increasing bilateral trade and other economic partnerships.
Total trade in goods and services (exports plus imports) between the UK and Pakistan was £4.4 billion in the four quarters to the end of Q3 2024, an increase of 3.0% or £130 million in current prices from the four quarters to the end of Q3 2023.
