Karachi/Kuwait City, July 8, 2025 – The Kuwaiti Dinar (KWD) has slightly increased to 930.81 Pakistani Rupee (PKR) as of 5:49 PM PST today, up from 930.68 PKR on July 7 and last week’s closing rate.
This modest rise follows a month of steady gains in June, with the Kuwaiti Dinar climbing from 928.56 PKR on June 27, 928.32 PKR on June 26, 928.22 PKR on June 25, 926.79 PKR on June 24, 925.45 PKR on June 18, 922.06 PKR on June 13, and 919.67 PKR on June 10.
Over the past 28 days, the KWD has appreciated by approximately 11.14 PKR (1.21%), reflecting a continued, albeit slowed, upward trend.
About KWD and PKR
The Kuwaiti Dinar (KWD), Kuwait’s official currency, is one of the world’s strongest, driven by the nation’s oil-rich economy and robust financial reserves. The Pakistani Rupee (PKR), Pakistan’s currency, is managed by the State Bank of Pakistan and often faces volatility due to inflation and trade imbalances, impacting its value against currencies like the KWD.
1 Kuwaiti Dinar= 930.68 Pakistani Rupee
Valuation Dynamics
The Kuwaiti Dinar’s incremental rise is supported by Kuwait’s stable oil exports and strong fiscal policies, which maintain confidence in the dinar. Stable global oil prices further reinforce its value. Meanwhile, the PKR continues to grapple with domestic economic pressures, including high inflation and external debt, which weaken its position relative to the KWD. Today’s slight uptick suggests sustained, though cautious, market demand for the dinar.
Impact
This modest appreciation enhances the value of remittances sent by Pakistani workers in Kuwait, boosting household incomes in Pakistan. However, Pakistani businesses importing from Kuwait may face marginally higher costs, potentially affecting trade dynamics. For Kuwaiti investors, the stronger dinar offers increased purchasing power in Pakistan, which could encourage investment. While the daily increase is small, the KWD’s consistent strength may shape future economic ties between the two countries.
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