The Pakistani Rupee (PKR) maintained a stable stance in the interbank market today while showing slight variations across the open market.
According to the latest data released this morning, the currency continues to hover within a narrow range, supported by a steady policy rate and resilient foreign exchange reserves.
Interbank Market
As of 09:14 PST, the interbank rates indicate a tight spread between buying and selling, signaling healthy liquidity for major trade currencies.
| Currency | Symbol | Bank Buying (TT Clean) | Bank Selling (TT & OD) |
| US Dollar | USD | 279.50 | 280.00 |
| UK Pound | GBP | 380.37 | 381.05 |
| Euro | EUR | 330.93 | 331.52 |
| UAE Dirham | AED | 76.10 | 76.24 |
| Saudi Riyal | SAR | 74.53 | 74.66 |
Open Market
The open market showed a slightly wider spread, as is typical for retail transactions. Notably, the US dollar is trading at a small premium compared to the interbank rate, quoted at 282.20 for selling.
The current stability comes on the heels of the State Bank of Pakistan’s (SBP) recent decision to maintain the policy rate at 10.5%. This move, combined with a projected GDP growth of 3.75–4.75% for FY26, has helped anchor investor confidence.
Note: While the current account deficit has seen some widening, steady worker remittances and a buildup of FX reserves (currently exceeding $21 billion total) provide a solid cushion against drastic currency devaluation.
