The buying rate of the British Pound against Pakistani rupee on Friday stood at 380.55 in open market.
The selling rates for the Pound remained at 382.75, according to the currency exchange association.
In Pakistan, the foreign exchange markets operate from 9:00 a.m. to 5:00 p.m., during which currency rates may fluctuate. The final exchange rate for the day is determined at 5:00 p.m., and this closing rate becomes the opening rate for all currencies on the following day.
It is worth mentioning that remittances the United Kingdom in July stood at $450.4 million, a 16 percent decline from $537.6 million in June 2025. Nevertheless, they posted a 2 percent year-on-year increase.
While, Pakistani expatriates in the United States sent $269.6 million, reflecting a 4 percent monthly and 10 percent annual decrease.
