Karachi/Manama, June 26, 2025 – The Bahraini Dinar (BHD) has seen a notable appreciation against the Pakistani Rupee (PKR) this month, reaching 751.94 PKR as of June 26, up from 751.23 PKR on June 23.
Bahraini Dinar Rate-Latest Updates
This marks a steady climb from 744.79 PKR on June 8, reflecting a significant 0.88% increase over the first half of the month, with intermediate rates of 748.55 PKR on June 11 and 749.72 PKR on June 13, according to data from major currency exchanges.
1 Bahraini Dinar = 751.94 Pakistani Rupee
Economic Impact
The strengthening of the Bahraini Dinar against the PKR has multifaceted implications for both economies. For Bahrain, a stronger dinar enhances purchasing power for imports from Pakistan, potentially benefiting Bahraini consumers and businesses reliant on Pakistani goods, such as textiles and agricultural products. However, it may pose challenges for Bahraini exporters, as their goods become more expensive for Pakistani buyers, potentially reducing demand.
In Pakistan, the weakening PKR increases the cost of imports from Bahrain, including oil and petroleum products, which could exacerbate inflationary pressures given Pakistan’s reliance on energy imports. This currency depreciation may also impact remittances, a critical lifeline for Pakistan’s economy, as Bahraini-based Pakistani expatriates find their earnings convert to fewer rupees when sent home. Conversely, Pakistani exporters may gain a competitive edge in Bahrain due to relatively cheaper goods.
Valuation Mechanics
The exchange rate between the Bahraini Dinar and PKR is influenced by a combination of macroeconomic factors. Bahrain’s dinar is pegged to the US dollar at a fixed rate of 0.376 BHD per USD, which provides stability but ties its value to US monetary policy and global dollar trends. The recent strengthening of the US dollar, driven by higher US interest rates and global demand for dollar-based assets, has indirectly bolstered the BHD.
In contrast, the PKR operates under a managed float, subject to market forces and periodic interventions by the State Bank of Pakistan. Factors such as Pakistan’s trade deficit, foreign exchange reserves, and domestic inflation have contributed to the PKR’s depreciation. The 0.88% rise in the BHD/PKR rate since June 8 reflects these dynamics, compounded by speculative trading and investor sentiment in currency markets.
DOLLAR RATE TODAY IN PAKISTAN- LIVE
Currency Background
Bahraini Dinar (BHD): The Bahraini Dinar, introduced in 1965, is the official currency of Bahrain, abbreviated with the symbol BHD. Pegged to the US dollar, it is one of the strongest currencies globally, reflecting Bahrain’s stable, oil-driven economy and its role as a financial hub in the Gulf.
Pakistani Rupee (PKR): The Pakistani Rupee, denoted by ₨, has been Pakistan’s currency since 1948. Managed by the State Bank of Pakistan, the PKR’s value fluctuates based on economic conditions, including trade balances, foreign investment, and remittance inflows, making it more volatile compared to the BHD.
As the Bahraini Dinar continues its upward trend, market analysts will closely monitor its impact on trade and economic ties between Bahrain and Pakistan.
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