On Thursday, February 20, 2025, the British Pound (GBP) continued its upward trend against the Pakistani rupee in the open market.
The buying rate stood at Rs352.67, while the selling rate surged to Rs356.46, as reported by the Forex Association of Pakistan.
The British Pound Sterling, commonly known as "sterling," is the official currency of the United Kingdom. It is represented by the symbol (£) and the currency code GBP.
Pound to PKR rate today - 20 February 2025
The current exchange rate for the British Pound in the open market of Pakistan stands at Rs352.67. This means that 1,000 British Pounds can be exchanged for Rs352,670 in Pakistani currency.
Overseas Pakistanis residing in the UK sent $443.6 million in remittances during January 2025, marking a 1% increase from the $438 million remitted in December 2024. Year-on-year, the remittance inflows saw a significant improvement of 22%.
The United Kingdom remains an important economic partner for Pakistan, supporting sustainable development through bilateral trade and economic collaborations.
Total trade in goods and services between the UK and Pakistan reached £4.4 billion in the four quarters leading to Q3 2024, reflecting a 3.0% increase (£130 million) compared to the same period in 2023.
