EUR to PKR Rates On July 24, 2025 – Euro Holds Near 310 PKR as Rupee Faces Broad-Spectrum Pressure
In today’s interbank trading, the euro traded near 310 rupees against the Pakistani rupee, reflecting modest gains amid wider currency market dynamics. Parallel-market rates edged higher, indicating continued pressure on the rupee.
| Market | Buying (PKR) | Selling (PKR) | Change (24‑hour) |
|---|---|---|---|
| Interbank (mid) | 309.85 | — | +0.25% |
| Open Market | 313.40 | — | +0.6% approx. |
The euro traded around 309.85 PKR in the interbank market, registering a modest increase of about 0.25% from the previous session. In the open market, the euro was quoted higher, around 313.40 PKR—a rise of approximately 0.6%—highlighting ongoing divergence between formal and parallel channels.
Also Read:
Analysts attribute the euro’s advance to global shifts: a softer US dollar and improved risk sentiment among investors. Meanwhile, domestic import demand and limited currency inflows continue to exert pressure on the rupee, especially in the parallel market.
A forex strategist observed that unless Pakistan sees stronger inflows—particularly from exports, remittances, or official funding—the euro is likely to stay around the 308–312 PKR range in interbank trades. They caution that parallel-market rates could push toward 315 PKR if inflows do not materialize.
In the short term, the euro is expected to trade between 308 and 312 PKR in formal channels, while open-market rates may test the 315 PKR level if liquidity remains constrained. Any significant inflows tied to European trade or funding arrangements would be crucial to stabilizing the rupee against the euro.
Read all the Breaking News Live on pakistantimes.com and Get Latest English News & Updates from Pakistan Times. Follow us on Whatsapp channel for more.
