Karachi/Kuwait City – The exchange rate of KWD to PKR showed a mild decline in the open market, reflecting shifting regional and global economic trends. On the latest trading day, the Kuwaiti Dinar closed at 910.57 PKR, slightly lower than last week’s rate of 911.24 PKR.
This gradual dip keeps the Kuwaiti Dinar well below its summer 2025 peak of 926.79 PKR. Earlier in the year, the currency had shown strength, rising steadily through mid-June. However, the trend has reversed since late summer, with consistent but slow downward movement.
Oil prices remain a key factor
Oil continues to play a central role in shaping the KWD to PKR rate. Brent crude prices have remained stuck in the low-to-mid $60 per barrel range. There has been no strong momentum for a sustained recovery. As Kuwait relies heavily on oil exports, prolonged price weakness affects overall export earnings.
Although Kuwait benefits from strong foreign reserves and a basket-pegged currency system, lower oil revenue still puts pressure on the Dinar. Analysts note that reserves above $40 billion provide stability, but they cannot fully offset long-term oil market softness.
Pakistani rupee gains quiet support
On the other side, the Pakistani Rupee has shown relative stability. Pakistan’s total foreign exchange reserves remain above $23 billion. State Bank reserves stand near $14.55 billion. Strong remittance inflows, projected to exceed $36 billion this fiscal year, continue to support the currency.
Inflation has eased to around 6.1 percent in recent readings. This gives the State Bank of Pakistan more flexibility to manage external pressures. IMF inflows under the $7 billion program are also arriving on schedule, adding confidence to the market.
Impact on people and trade
For overseas Pakistanis, the current KWD to PKR rate still offers value. Sending 1,000 KWD now brings about 910,570 PKR. This is slightly lower than last week, but still higher than late 2024 levels.
Pakistan also benefits from marginally cheaper oil imports due to the softer Dinar. However, exporters sending goods to Kuwait may see a slight reduction in price competitiveness.
In other news read more about Dollar and other Currency Rates in Pakistan Today – August 8, 2025
Most analysts expect oil prices to stay below $65 through much of 2026. If reserves in Pakistan continue to rise, the KWD to PKR rate may remain soft or drift slightly lower. Market watchers advise closely tracking oil trends and weekly reserve updates.
