Karachi/Sydney: June 14, 2025– The Australian Dollar (AUD) is trading at 183.57 Pakistani Rupee (PKR) today, maintaining a stable position since June 10 but showing a notable rise from 180.17 PKR last week.
The strengthening AUD reflects broader economic trends, including shifts in commodity markets and Pakistan’s ongoing currency pressures.
Why is the AUD Rising Against the PKR?
The exchange rate between the Australian Dollar and the Pakistani Rupee is influenced by several key factors:
Commodity Prices: Australia is a major exporter of minerals and agricultural goods. Rising global commodity prices, particularly for iron ore and coal, boost demand for the AUD.
Interest Rate Differentials: The Reserve Bank of Australia’s (RBA) relatively higher interest rates compared to Pakistan’s make the AUD more attractive to investors.
Pakistan’s Economic Challenges: High inflation, dwindling forex reserves, and political uncertainty continue to weaken the PKR, making foreign currencies like the AUD appear stronger.
Risk Sentiment: As a risk-sensitive currency, the Australian Dollar often gains when global markets are optimistic, while the PKR remains vulnerable to domestic instability.
Impact on Trade and Remittances
Pakistani Students & Expats: A stronger AUD increases education and living costs for Pakistani students in Australia but benefits expats sending money back home, as they get more PKR per AUD.
Trade Implications: Pakistan imports wheat, pulses, and machinery from Australia—a stronger AUD could raise import costs, adding to inflationary pressures.
Global Factors Supporting the AUD
Australia’s resilient economy, backed by strong trade ties with China and stable fiscal policies, helps maintain the AUD’s strength. Meanwhile, Pakistan’s reliance on imports and external debt repayments keeps the Rupee under strain.
About the Currencies
Australian Dollar (AUD): Introduced in 1966, the AUD is the fifth most traded currency globally, known for its correlation with commodity markets.
Pakistani Rupee (PKR): Pakistan’s official currency since 1948, the PKR has faced persistent depreciation due to economic instability and external deficits.
As the AUD holds firm, analysts suggest the PKR may remain under pressure unless Pakistan secures more forex inflows or stabilizes its economy. For now, businesses, students, and expatriates will closely watch exchange rate movements.