Karachi, April 28, 2025: The Australian Dollar (AUD) remained stable against the Pakistani Rupee (PKR), maintaining its exchange rate at 179.81 PKR in the open market.
1 Australian Dollar= 179.81 PKR
This stability suggests increased demand for AUD or a decline in PKR value due to various economic factors. Valuation Drivers Exchange rates fluctuate based on supply and demand dynamics, influenced by:
- Interest Rates: Higher rates in Australia attract foreign investments, boosting AUD demand.
- Trade Balances: Increased Australian exports to Pakistan drive up AUD demand.
- Economic Data: Strong Australian economic performance strengthens AUD, while Pakistan’s inflation and deficit issues weaken PKR.
- Market Sentiment: Global risk appetite favors stable currencies like AUD over emerging market currencies like PKR.
Trade Impact
A stronger Australian Dollar makes Australian imports costlier for Pakistanis, potentially increasing prices for machinery, education, and agricultural goods. Conversely, Pakistani exports to Australia, such as textiles and rice, may gain a competitive edge. However, Pakistani expatriates in Australia benefit from higher PKR conversions when sending remittances. Currency Overview
- Australian Dollar (AUD): Australia’s currency, managed by the Reserve Bank of Australia (RBA), is a commodity-linked currency traded globally.
- Pakistani Rupee (PKR): Pakistan’s currency, regulated by the State Bank of Pakistan (SBP), is vulnerable to inflation, foreign reserves, and geopolitical stability.
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