The UK Pound Sterling (GBP) remained strong in Pakistan’s open currency market during the week of May 11 to May 16, 2026. Although the exchange rate showed minor fluctuations, the pound maintained a firm overall position against the Pakistani Rupee (PKR).
End-of-Week Rates Show Stability
By Saturday, May 16, 2026, the pound was trading at:
- Buying rate: Rs. 372.17
- Selling rate: Rs. 377.30
Currency dealers noted that the pound retained strength despite short-term volatility. Compared to earlier fluctuations in the week, the currency showed relative stability near the closing levels.
Midweek Market Movements
On Friday, May 15, the GBP-PKR rate stayed within a narrow range. The buying rate hovered around Rs. 372.17, while selling rates varied between Rs. 377.30 and Rs. 381.78 across different market segments.
On Thursday, May 14, the pound experienced a slight dip. The rate slipped to approximately Rs. 376.51, marking a marginal decline of 0.08 percent from the previous day. However, selling pressure remained steady at around Rs. 381.78.
By Wednesday, May 13, the currency traded near Rs. 376.56. The buying rate closed at a similar level, while the selling rate stood at Rs. 380.21, showing limited movement.
Read more:UK Pound to Pakistani Rupee Rate Today – May 13, 2026
Early Week Highs
At the start of the week, the pound reached its highest levels. On Tuesday, May 12, it traded at Rs. 377.49 (buying) and Rs. 381.36 (selling). Earlier, on Monday, May 11, it peaked at Rs. 378.68 (buying) and Rs. 382.02 (selling), marking the strongest levels of the week.
Market Factors Behind Fluctuations
Analysts attributed these fluctuations to shifting global economic conditions and changing demand for foreign currency in Pakistan’s open market. In addition, import payments and remittance flows continued to influence short-term movements in the GBP-PKR exchange rate.
Moreover, investor sentiment in international markets also played a role in maintaining pressure on the rupee.
Weekly Summary
Overall, the UK Pound remained one of the strongest foreign currencies against the Pakistani Rupee during the week. While minor fluctuations occurred, the currency consistently held a strong position, reflecting continued pressure on the local exchange market.



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