KARACHI – The British pound exchange rate increased by 56 money against the Pakistani rupee as it stood at Rs 363.17 on Tuesday, March 25, 2025.
Pound sales rate was also permanent as it is being sold in the South Asian country for Rs 365.97.
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”.
The exchange of currency involves converting a currency (such as UK pounds) to another (such as, pure money and others).
The currency exchange rate is affected by several important factors, which determines how much the currency is compared to the other.
The most basic factor is the demand for the currency market. If more and more people or businesses need currency for trade or investment, its price increases. If the demand decreases, the price of the currency falls.
Central banks set interest rates, which affect the attractiveness of the currency. High interest rates usually lead to a strong currency because investors want better profit. On the contrary, low rates can weaken the currency.
