NBP Sets Dollar at 278.75 for TT Selling Wednesday
KARACHI — The Treasury Management Division of the National Bank of Pakistan (NBP) on Wednesday announced the latest interbank exchange rates for telegraphic transfer (TT) transactions. The dollar exchange rate and other major currencies saw official pricing updates for the banking sector. US Dollar Exchange Rate The US dollar was set at 278.75 for TT selling and 278.25 for TT buying. This represents the official interbank rate for dollar transactions through Pakistan’s largest state-owned commercial bank. These rates serve as benchmark pricing for foreign exchange transactions across Pakistan’s banking sector. They directly impact trade, investment, and financial markets throughout the country. European and British Currency Rates The euro stood at 321.91 for selling and 321.33 for buying. The British pound was quoted at 373.13 for selling and 372.46 for buying. Both currencies maintain premium valuations against the Pakistani rupee. These rates reflect current market conditions in international currency markets. Other Major Currency Rates NBP’s Treasury Management Division announced the following additional rates for Wednesday: Swiss franc: 348.88 selling and 348.25 buying Canadian dollar: 199.85 selling Japanese yen: 1.7383 selling and 1.7352 buying The interbank exchange rates provide standardized pricing for commercial banks. Financial institutions use these rates for corporate transactions, remittances, and international trade settlements.









