ISLAMABAD: Pakistan’s federal budget for the financial year 2026–27 is expected to be prepared on an assumed exchange rate of Rs290 per US dollar, according to official sources.
For the current fiscal year 2025–26, the same dollar rate of Rs290 was initially used as an estimate in budget planning, while revised internal assessments have placed the actual rate at around Rs280 per dollar, sources said.
Officials noted that the exchange rate assumption is used primarily to calculate external financing needs, debt repayments, and foreign inflows in rupee terms.
Sources added that under commitments with the International Monetary Fund (IMF), Pakistan will continue to follow a market-based exchange rate regime in the upcoming fiscal year.
They further said that relative currency stability, supported by improved remittances and a reduced current account pressure, has helped stabilise the rupee in recent months.
A stable exchange rate outlook is also expected to help control import costs and inflation, while encouraging investment confidence in the coming fiscal year, sources added.
