Exchange rate 28 November 24
On Thursday, November 28, 2024, the UK Pound Sterling (GBP) showed a significant increase in the open market of Pakistan.
According to media reports, the purchase price increased to 100 rupees. 350.61, while the selling rate reached Rs. 355.38. This indicates an increase of Rs. 1.57 from the previous day’s closing rate of Rs. 348.62.
Fluctuations in the pound-rupee exchange rate are having a significant impact on the large community of Pakistani expats living in the UK, who play a significant role in repatriation. With 1.5 million Pakistanis living abroad, exchange rate trends directly affect remittances to families in Pakistan.
Despite recent increases, the UK pound remains the main currency, and expats are advised to keep up-to-date on exchange rates to ensure the most favorable transaction. A stable exchange rate is important for maintaining the flow of remittances, contributing to the financial well-being of households and the overall economy of Pakistan.
