Karachi – Pakistan’s interbank foreign exchange market remained largely stable on Friday, April 10, 2026, with the US dollar opening at Rs 279 for bank buying and Rs 279.50 for bank selling, according to the latest update issued today.
The greenback continued to dominate market attention as importers, exporters, and financial institutions closely tracked its movement against the Pakistani rupee. The steady dollar rate indicates a relatively balanced supply-demand position in the banking channel during early trading hours.
The British pound sterling emerged as the strongest major currency in the interbank market, trading at Rs 373.70 for buying and Rs 374.37 for selling. The pound’s higher valuation reflects continued strength in global currency markets and remains a key indicator for remittance flows from the United Kingdom to Pakistan.
Meanwhile, the euro was quoted at Rs325.42 for buying and Rs326.01 for selling, showing firm support against the rupee. The European single currency remains important for Pakistan’s import sector, particularly for machinery, pharmaceuticals, and industrial trade.
Among regional currencies, the Saudi Riyal stood at Rs 74.35 buying and Rs 74.48 selling, a rate that is closely watched by overseas Pakistanis sending remittances from Saudi Arabia. The Riyal continues to play a crucial role due to strong worker remittance inflows.
Other major currencies also showed steady movement. The Canadian dollar traded at Rs 201.47, while the Australian dollar was available at Rs 196.42 on the buying side.
Currency dealers say the market is currently reflecting cautious optimism, supported by stable foreign exchange reserves and controlled demand in the interbank segment.
Pakistan Interbank Exchange Rates
Disclaimer: Rates are based on Pakistan interbank market updates and may vary from open market and bank-specific exchange rates.
