The GBP to PKR exchange rate is currently range-bound.
The recent strength of the pound is primarily supported by the Bank of England's indication of cautious monetary policy changes; it may cut interest rates more slowly than expected. In contrast, the Pakistani rupee has shown recent stability but has a forecasted depreciation as projected by Fitch Ratings, which anticipates weakening by June 2026. Furthermore, the trends in inflation and economic growth in both countries will heavily influence the currency pair, with the UK experiencing slowing growth and easing inflation while Pakistan’s fiscal management shows promise.
In the near term, the GBP to PKR exchange rate is expected to fluctuate within a stable range, reflecting recent highs. The potential for the GBP to strengthen could increase if UK retail sales rebound or if inflation trends stabilize. On the downside, the pound may weaken if the UK government faces further fiscal challenges or if the rupee starts to appreciate beyond recent expectations.
