KARACHI – The British pound exchange rate has not changed against the Pakistani rupee as it stood at Rs 364.70 on Monday, April 7, 2025.

The pound sales rate was also stable as it is being sold for Rs 367.74 at various shops of exchange companies.

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”.

1 UK Pound = RSS364.70

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 a number of important factors, such as the economic situation of a country that 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.

Meanwhile, Pakistan’s total liquid foreign reserves were recorded at $ 15,579.7 million, while the State Bank of Pakistan stood at $ 10,676.3 million a week on March 28, 2025.

According to a weekly statement, the central bank’s reserves increased by $ 70 million a week to $ 10,676.3 million.

The UK has vowed to cooperate with Pakistan in various fields