The State Bank of Pakistan (SBP) releases the latest figures. These are the mark-to-market (M2M) Pakistan currency rates for November 25, 2025. Authorized dealers use these rates daily. These official benchmarks help them revalue their foreign currency holdings correctly.
Furthermore, we determine all other currency rates differently. We cross-reference the US Dollar/PKR rate. We use live USD quotes from LSEG Workspace for this calculation.
US Dollar/PKR Rate Snapshot
The US Dollar showed a slight downward trend today. It closed at PKR 280.6982 in the interbank market. This reflects a marginal drop from the previous session. This softening trend suggests improved market stability.
Factors Driving the PKR Value
Several key factors support the local currency. Firstly, workers’ remittance inflows are robust. These inflows crossed the $3 billion mark in October 2025. We expect them to remain strong in the coming months. Secondly, import demand currently remains subdued. This balances the supply and demand for the US Dollar. Moreover, proactive SBP measures prove effective. The SBP aims to curb speculative dollar hoarding. This collective effort is strengthening the PKR. For a detailed breakdown of the SBP’s policy, you can review our [Recent Monetary Policy Decisions] (internal link).
Why M2M Rates are Important
M2M rates provide transparency in the financial system. They ensure that all dealers use a standardized valuation. Overall, this avoids reporting discrepancies. It strengthens the credibility of Pakistan currency rates data. Keeping track of the [Global Forex Market Trends] (internal link) helps anticipate future shifts.
READ MORE: Dollar Rate in Pakistan
