KARACHI — The Exchange Rates Committee of the Financial Markets Association of Pakistan has released the foreign exchange rates effective June 16, 2026. These rates assist in guiding forward cover for deposits, excluding FE-25 deposits.
Exchange Rates Summary
For June 16, 2026, the exchange rates are established as follows:
- US Dollar (USD): 278.2728 Pakistani rupees
- British Pound (GBP): 373.6647 rupees
- Euro (EUR): 322.9356 rupees
- Japanese Yen (JPY): 1.7377 rupees
Effective Settlement Date
The State Bank of Pakistan will use these rates for its settlement process, scheduled for June 18, 2026.
