Here are the latest US dollar to Pakistani rupee (USD to PKR) exchange rates in Pakistan, along with rates for the Saudi riyal, UAE dirham and euro. NEN Agency updates this page every evening after the currency markets close.
Last updated: Wednesday, 11 November 2026 (closing rates). Status: The rupee gained 3 paisa against the dollar in the interbank market.
Interbank dollar rate
| Currency | Buying (Rs) | Selling (Rs) |
|---|---|---|
| US Dollar (USD) | 276.62 | 276.82 |
Open market rates
| Currency | Buying (Rs) | Selling (Rs) |
|---|---|---|
| US Dollar (USD) | 277.12 | 278.33 |
| Saudi Riyal (SAR) | 73.79 | 74.38 |
| UAE Dirham (AED) | 75.48 | 76.10 |
| Euro (EUR) | 308.37 | 311.61 |
Sources: interbank closing rates and Karachi open-market (kerb) rates as reported in market data compiled by NEN Agency. Rates are indicative; the rate you get at a bank or exchange company may be slightly different.
Interbank rate vs open market rate: what is the difference?
The interbank rate is the rate at which banks buy and sell dollars with each other. It is the main benchmark for Pakistan’s currency and is used for imports, exports and most bank transactions. The State Bank of Pakistan (SBP) publishes official reference rates based on this market.
The open market rate (also called the kerb rate) is what you pay or receive when you exchange cash at a licensed exchange company. It is usually a little higher than the interbank rate because exchange companies add their margin and handle physical cash.
What moves the dollar rate in Pakistan?
- Imports and exports: when Pakistan imports more than it exports, demand for dollars rises and the rupee comes under pressure.
- Remittances: money sent home by overseas Pakistanis increases the supply of dollars and supports the rupee.
- Foreign exchange reserves: higher SBP reserves usually mean a more stable rupee.
- Oil prices: oil is Pakistan’s biggest import, so higher global oil prices increase dollar demand.
- IMF and foreign loans: loan disbursements and programme reviews affect market confidence.
Frequently asked questions
When is this page updated?
Every evening, Monday to Friday, after the interbank and open markets close. On weekends and public holidays the last working day’s rates are shown.
Which rate should I use to send or receive money?
Banks and money transfer services use rates close to the interbank rate plus their own margin. If you are exchanging cash, check the open market rate and compare a few licensed exchange companies.
Is it legal to buy dollars in the open market?
Yes, from exchange companies licensed by the State Bank of Pakistan. Always ask for a receipt and avoid unlicensed dealers.