Dollar to PKR Rates On July 23, 2025 – Dollar Rises Sharply While Canadian and Australian Dollars Remain Steady
The Pakistani Rupee saw mixed movement against key foreign currencies on July 23, 2025. The US dollar recorded a sharp gain, while the Canadian dollar remained largely stable and the Australian dollar posted a slight decline. Here’s a breakdown of today’s rates:
| Currency | Buying Rate (PKR) | Selling Rate (PKR) |
|---|---|---|
| US Dollar (USD) | 288.00 | 288.70 |
| Canadian Dollar (CAD) | 208.80 | 209.50 |
| Australian Dollar (AUD) | 185.60 | 186.28 |
USD to PKR: Dollar jumps amid global economic caution
The US dollar surged to ₨288.7 in the open market, marking a notable increase from earlier this month. The rise reflects heightened demand for the dollar due to global market uncertainties and expectations of tighter monetary policy in the US.
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Analysts suggest the dollar’s strength is being driven by fears of prolonged inflation in the US economy. In Pakistan, import-related demand and low dollar inflows are also keeping pressure on the rupee. If this trend continues, the USD may breach the ₨290 mark in coming weeks.
CAD to PKR: Canadian dollar holds steady
The Canadian dollar remained stable at ₨209.5. This reflects continued confidence in the Canadian economy and relatively balanced demand in the Pakistani market. Oil prices and commodity trends continue to support the loonie’s current levels.
Currency experts believe CAD may stay within the ₨205–₨210 range unless global oil prices shift drastically. Any improvement in Pakistan’s foreign exchange reserves could also influence this rate in the medium term.
AUD to PKR: Australian dollar sees slight dip
The Australian dollar slipped slightly to ₨186.28 but remains near recent highs. The movement reflects minor adjustments in regional demand and investor caution ahead of policy updates from Australia’s central bank.
The AUD’s strength is tied to Australia’s export performance and China’s economic signals. If global commodity demand softens, the AUD may slip closer to ₨184 in coming days.
Overall, the dollar’s strength remains the key concern for Pakistan’s currency market. CAD and AUD are showing less volatility but could react to external economic factors. Market watchers recommend close monitoring of global interest rate decisions, remittance inflows, and oil prices for further direction.
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