KARACHI – The UK pound or GBP sterling exchange rate weakened against the Pakistani rupee as it was Rs 346.41 in the open market on Tuesday, February 11, 2025.
The pound sales rate dropped to less than 75 bucks as it reached Rs 350.82 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 business in the open market is Rs 346.41. Therefore, the Pakistani currency will be equal to £ 346,410.
The UK is engaged with Pakistan to support sustainable development by increasing bilateral trade and other economic partnerships.
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. Q3 2023
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