KARACHI — The Exchange Rates Committee of the Financial Markets Association of Pakistan issued the official foreign currency exchange rates bulletin on Thursday, June 11, 2026.
The bulletin provides standardized conversion rates for financial institutions across the country. These Pakistan rupee exchange rates serve as the benchmark for all regulated banking transactions.
Transaction Categories Covered by Exchange Rates
The Pakistan rupee exchange rates bulletin covers multiple transaction categories for the banking sector. Financial institutions use these standardized rates for various operations.
Covered transactions include:
- Foreign currency transactions
- Forward cover arrangements
- Various deposit types
The rates specifically exclude FE-25 deposits from the coverage. This exclusion applies to all authorized dealers across Pakistan’s financial markets.
Settlement Timeline for Interbank Operations
The State Bank of Pakistan has set the settlement value date for June 15, 2026. This four-day settlement window allows financial institutions to process foreign currency transactions efficiently.
The timeline ensures smooth interbank operations across Pakistan’s banking sector. All currency conversion operations must comply with this settlement schedule for proper execution.
Regulatory Framework and Compliance
The bulletin was issued in accordance with standard regulatory practice established by Pakistan’s banking authorities. It governs interbank foreign exchange transactions across Pakistan’s financial markets.
The Financial Markets Association of Pakistan maintains oversight of these rate announcements. This regulatory framework ensures transparency and consistency in currency conversion across the banking sector.
All authorized dealers must comply with these standardized Pakistan rupee exchange rates for interbank transactions. Non-compliance may result in regulatory action by the State Bank of Pakistan.
