KARACHI – According to the Pakistan Forex Association, the UK pound or GBP Sterling Exchange rate recorded maximum benefits against the Pakistani rupee because it was Rs 358.69 on Thursday, March 06, 2025, according to the Forex Association of Pakistan.
The pound sales rate also registered changes as it is being sold for Rs 358.5 in the South Asian country.
The currency code for British pound sterling is GBP, which is the official currency of the UK. Pound sign (£) is used for British pound sterling, also known as “sterling”.
More than 1.5 million Pakistani immigrants live in the UK, which makes it an important role in the remittances received from the UK to Pakistan.
Pound to PKR Rate today
In the open market, the UK pound business is Rs 358.69. Therefore, 1,000 pounds will be equal to Rs 358,690 in Pakistani currency.
Overseas Pakistanis from the UK sent $ 3443.6 million after remittances during January 2025, which is more than 8 438 million sent in December 2024. However, on the basis of year, its arrival has increased by 22 %.
The UK is committed to supporting sustainable development by increasing bilateral trade and other economic partnerships with Pakistan.
The total trade between the UK and Pakistan in goods and services (exports) was $ 4.4 billion in four constituencies by the end of Q3 2024, which is an increase of 3.0 % or $ 130 million in current prices from four -fourths to the end of Q3 2023.
