Foreign exchange markets remained stable on Monday, February 23, 2026, with the Pakistani Rupee (PKR) maintaining a narrow spread between interbank and open market rates.
As of 09:10 PST, the interbank market showed the US dollar trading under the 280 threshold, signaling continued confidence in the local currency’s trajectory.
Interbank vs. Open Market Overview
The US Dollar (USD) remains the primary focus for traders. In the interbank market, the USD is being quoted at a buying rate of 279.45 and a selling rate of 279.95.
Meanwhile, the open market (retail) rates reflect a slightly higher premium, with the USD being bought at 280.25 and sold at 282.20. This marginal difference indicates healthy liquidity and a lack of speculative pressure in the retail sector.
| Currency | Symbol | Buying Rate | Selling Rate |
| UK Pound Sterling | GBP | 377.35 | 381.58 |
| Euro | EUR | 330.10 | 334.62 |
| Australian Dollar | AUD | 196.57 | 200.50 |
| Canadian Dollar | CAD | 203.43 | 206.94 |
| U.A.E Dirham | AED | 76.35 | 77.35 |
| Saudi Riyal | SAR | 74.80 | 75.50 |
The Gulf currencies, often tied closely to the US dollar, are trading at significant premiums. The Kuwaiti Dinar (KWD) remains the most expensive currency on the board, selling at 915.22, followed by the Bahraini Dinar (BHD) at 751.62 and the Omani Riyal (OMR) at 736.36.
In East Asia, the Chinese Yuan (CNY) is hovering around 39.55 for selling, while the Japanese Yen (JPY) remains highly accessible at 1.89.
