KARACHI- April 17, 2025: The Australian Dollar (AUD) is currently stable at 177.78 Pakistani Rupee (PKR) in interbank and open market, retaining its strength against the domestic currency on the basis of global and domestic economy.
The rate of exchange of AUD versus PKR depends on market demand and supply conditions, based on a number of factors:
Remittances & Trade: Australia is a foremost destination for skilled workers and students from Pakistan, and this results in steady remittances that drive AUD demand.
Commodity Prices: Being a commodity-based currency, the strength of the AUD depends on worldwide prices of iron ore, coal, and gold, which are foremost Australian exports.
Interest Rates & Economic Policies: The monetary policy of the Reserve Bank of Australia (RBA) and Pakistan’s economic stability, such as inflation and foreign exchange reserves, influence the valuation.
Global Market Trends: Further USD movements and general risk sentiment in financial markets also contribute to AUD-PKR movement.
Effect of Stable Exchange Rate
A stable Australian Dollar rate offers short-term stability to:
Students & Expats: Pakistani students studying in Australia have stable tuition and living expenses.
Importers & Exporters: Companies involved in bilateral trade have minimized currency risk.
Remittance Flows: A stable rate induces overseas Pakistanis to remit money back home through official channels.
But if the PKR continues to be under pressure because of Pakistan’s trade deficit or debt repayment, further depreciation risks continue to exist.
About the Currencies
Pakistani Rupee (PKR): The official currency of Pakistan, which is controlled by the State Bank of Pakistan (SBP). It has depreciated in recent times because of inflation, external debt, and current account deficits.
Australian Dollar (AUD): Australia’s currency, which is produced by the RBA. It is a commodity currency that is widely traded and subject to strong demand from China’s economy and the global risk appetite.
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