According to the latest data from Forex.pk, the Pakistani Rupee (PKR) maintained a stable position against major global currencies in both the interbank and open markets today.
As of Friday morning, the US Dollar (USD) is being quoted at an interbank rate of 279.8 for buying and 280.3 for selling. In the open market, the dollar is slightly higher, trading at 280.75 (buying) and 282.55 (selling), reflecting a narrow spread that suggests continued market stability.
Major Currency Rates (Jan 23, 2026)
The following table compares the interbank and open market rates for key global currencies
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Stability in the Gulf Currencies: The Saudi Riyal and UAE Dirham showed minimal volatility, following the steady trend of the US Dollar.
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European Currencies: The British pound remains the strongest currency on the board, selling at over 380 PKR in the open market, while the euro stays firm near the 331 mark.
Financial analysts suggest that the consistency between interbank and open market rates is a positive indicator for importers and those receiving remittances, as it reduces the “black market” premium often seen during periods of economic volatility.
Disclaimer: Rates are provided by Forex.pk and are subject to change based on market fluctuations.
