Karachi: The Pakistani open market witnessed a day of relative stability on April 22, 2026, with major global currencies maintaining their positions against the Rupee (PKR). Financial experts noted that while the market currently shows signs of consolidation, upcoming international economic shifts could trigger volatility in the coming days.
Major Currency Overview
The US Dollar (USD) remained the focal point, holding steady at a buying rate of Rs279.10 and a selling rate of Rs281.45. Similarly, European currencies showed minimal movement:
- British Pound (GBP): Buying: Rs376.96 | Selling: Rs382.75
- Euro (EUR): Buying: Rs327.49 | Selling: Rs332.96
Gulf Currencies & Remittance Impact
Currencies from the GCC region, which are vital for Pakistan’s foreign exchange reserves through workers’ remittances, remained stable:
- UAE Dirham (AED): Traded between Rs75.95 and Rs77.00.
- Saudi Riyal (SAR): Recorded within the range of Rs74.30 to Rs75.45.
High-Value Currencies
The market’s most expensive currencies continued to trade at a premium:
- Kuwaiti Dinar (KWD): Buying: Rs877.50 | Selling: Rs888.52
- Omani Riyal (OMR): Buying: Rs721.30 | Selling: Rs731.34
Market Analysis & Future Outlook
According to currency market analysts, the current stability is a result of balanced demand and supply in the open market. However, they warn that the PKR remains sensitive to international oil price fluctuations and the evolving geopolitical situation. Investors and the general public are advised to monitor official bank rates and authorized exchange dealers for real-time updates before conducting large transactions.
| Flag | Code | Buying | Selling |
|---|---|---|---|
 | USD | 279.10 | 281.45 |
 | GBP | 376.96 | 382.75 |
 | AED | 75.95 | 77.00 |
 | CHF | 355.87 | 358.95 |
 | SEK | 30.25 | 30.55 |
 | SGD | 217.44 | 223.75 |
 | SAR | 74.30 | 75.45 |
 | QAR | 71.21 | 72.65 |
 | OMR | 721.30 | 731.34 |
 | NOK | 27.60 | 27.90 |
 | NZD | 163.35 | 165.10 |
 | MYR | 65.30 | 66.75 |
 | KWD | 877.50 | 888.52 |
 | HKD | 35.08 | 36.08 |
 | EUR | 327.49 | 332.96 |
 | DKK | 43.25 | 43.65 |
 | CNY | 38.65 | 39.25 |
 | CAD | 202.85 | 207.75 |
 | BHD | 725.70 | 740.55 |
 | AUD | 198.14 | 204.50 |
Note: These rates are provided for informational purposes only. Currency values in the open market can vary slightly across different cities including Lahore, Karachi, and Islamabad.
