ISLAMABAD – UK Pound registered no change in its buying rate as it stood at Rs379.86 in open market of Pakistan on Monday.
The selling rate for the Pound also remained steady and stood at Rs380.5, according to the currency exchange association.
Overseas Pakistanis living in the UK closely monitor the currency exchange rates as they send significant remittances to Pakistan every month to support their families.
Remittances from the United Kingdom amounted to $450.4 million during July 2025, down by 16 percent compared to $537.6 million in June 2025. YoY inflows from the UK improved by 2 percent.
Overalls, the inflow of overseas workers’ remittances into Pakistan has recorded at $3.2 billion in July 2025.
According to the State Bank of Pakistan (SBP) data, remittances have surged by 7.4 percent to $3.2 billion in July this year compared to $3 billion in the same month of the previous year. On a monthly basis, remittances dipped by six percent, compared to $3.4 billion in June.
Businesses and investors pay close attention to currency values to navigate financial risks and guide their strategies. Moreover, exchange rates often indicate a nation’s economic strength and stability. Central banks may step in to adjust exchange rates as part of broader efforts to steer the economy.
Pakistan and the United Kingdom share longstanding economic ties rooted in trade, investment, and development cooperation.
The UK is one of Pakistan’s major trading partners in Europe, with exports including textiles, garments, and agricultural products. British companies have invested in sectors such as energy, telecommunications, and finance in Pakistan.
Additionally, the UK provides development assistance to support education, health, and economic reform. Bilateral forums and business councils continue to strengthen commercial links, encouraging mutual growth.
