UK pound gains against Pakistani rupee in open market
The UK Pound experienced an increase of 80 paisas against the Pakistani Rupee in the open market on Saturday, December 7, 2024. The buying rate now stands at Rs354.83, while the selling rate has reached Rs360.04, reflecting an adjustment from the previous day’s rates.
This shift is significant for the over 1.5 million Pakistani expatriates residing in the United Kingdom, who often send remittances to their families back home and closely monitor currency exchange trends.
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Exchange Rate Details
- December 7, 2024: Buying rate at Rs354.83 (+80 paisas)
- December 6, 2024: Buying rate at Rs354.03
Conversion Examples
- 500 UK Pounds = Rs177,415
- 1,000 UK Pounds = Rs354,830
The British Pound Sterling (£), the official currency of the United Kingdom, continues to hold significant importance in international and remittance transactions. Individuals carrying UK Pounds can visit local banks or exchange company branches to convert their GBP into PKR at prevailing rates.
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