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| Indicator | Rate | Date |
|---|---|---|
| SBP weighted average customer rate, USD bid | 276.31 PKR | 11/11/2026 |
| SBP weighted average customer rate, USD offer | 276.76 PKR | 11/11/2026 |
| Currency | Official rate (PKR) |
|---|---|
| USD | 276.62 |
| EUR | 308.28 |
| GBP | 368.52 |
| SAR | 73.7058 |
| AED | 75.3111 |
| CNY | 41.4715 |
| JPY | 1.7407 |
| CAD | 194.55 |
| AUD | 190.07 |
| KWD | 897.39 |
| QAR | 75.8907 |
| OMR | 718.47 |
| BHD | 733.45 |
| MYR | 67.8659 |
| CHF | 333.98 |
| ARS | 0.179 |
| BDT | 2.213 |
| BRL | 49.544 |
| CNH | 41.4778 |
| DKK | 41.24 |
| HKD | 35.2579 |
| 100 IDR | 1.52 |
| INR | 2.9512 |
| KRW | 0.2071 |
| KZT | 0.6207 |
| LKR | 0.8326 |
| MXN | 14.8748 |
| NOK | 29.0328 |
| NZD | 154.8 |
| RUB | 3.3412 |
| SEK | 27.9452 |
| SGD | 215.71 |
| THB | 8.223 |
| TRY | 5.5068 |
| ZAR | 16.7217 |
Source: State Bank of Pakistan, exchange rates for mark-to-market revaluation (ready), 11/11/2026.
Official reference rates for comparison and calculations. Banks, exchange offices and brokers apply their own buying and selling rates and fees. The table refreshes automatically when the source publishes new rates.
What this section covers
Interest rates, inflation and the exchange rate shape the cost of a loan, the return on savings and the price of anything imported into Pakistan. This section collects the key numbers and explains what each one means. It covers:
- Rupee exchange rates. The interbank rate and the open market rate, and why they differ.
- SBP rates. The policy rate set by the State Bank of Pakistan (SBP) and the Monetary Policy Committee (MPC) decisions behind it.
- Inflation. The Consumer Price Index (CPI) and the Sensitive Price Indicator (SPI) published by the Pakistan Bureau of Statistics (PBS).
- The calendar. Data releases and policy meetings listed in Pakistan Standard Time (PKT).
The full list of pages in this section appears below this text.
The card above shows the official rupee rate: the State Bank of Pakistan (SBP) mark-to-market revaluation rate, in PKR per unit of each currency, with its date and a link to the SBP source. Banks and exchange offices quote their own buy and sell rates.
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Rupee exchange rates: interbank and open market
The interbank rate is the rate at which banks trade foreign currency with each other. The open market rate is the rate exchange companies quote to the public for cash. The two can move apart, and the gap is closely watched. Interbank vs open market explains both rates. SBP exchange rates covers the reference rates the central bank publishes. For each currency, start with US dollar (USD) or the Exchange rates overview.
To work out an amount yourself, convert 1 unit of the currency to US dollars with the card's converter (for currencies in the ECB list), then multiply by the official US dollar rate in rupees from State Bank of Pakistan (SBP).
SBP policy rate and Pakistan interest rates
The policy rate is the SBP's benchmark interest rate. Bank lending and deposit rates, and money market rates such as KIBOR (the Karachi Interbank Offered Rate), tend to follow it. The MPC reviews the rate at scheduled meetings and publishes a monetary policy statement with each decision.
The latest decision recorded on this site is: SBP policy rate raised by 50 bps to 12% with effect from 27.10.2026 (MPC). Policy can change at any meeting. Check the State Bank of Pakistan's official website for the rate in force today. The SBP policy rate page explains how decisions are made and how to read the statement. KIBOR shows how the policy rate passes into loan pricing.
Inflation: CPI and SPI from PBS
CPI measures the change in prices of a broad basket of goods and services over time. SPI tracks a smaller set of essential items and is published more often. The MPC weighs inflation heavily when it sets the policy rate, so the two figures are usually read together. See Inflation (CPI and SPI) for how each index is built. Use the Inflation calculator to see what a price change means for a fixed amount of money.
How to use this section
If you are new, read these first:
- What moves the rupee, for the main forces behind the exchange rate: trade, remittances, reserves and policy.
- SBP policy rate, to see how interest rates are set.
- Interbank vs open market, so you know which rate a quote refers to.
Terms you do not know are explained in the Trading glossary.
If you trade already, go to the Economic calendar (PKT) for release times converted to Pakistan time. Then read the background pages on the IMF and Pakistan and Remittances. Data and policy surprises can widen spreads and cause sharp price moves. Check Bank holidays and Trading hours (PKT) before you plan around a release.
Economic data and risk
Economic news explains why prices move. It does not tell you where they will go next. Leveraged forex and CFD trading can lose money fast, and losses are often largest around major releases. Our Risk management page covers position sizing and stop-losses.
The SBP also sets the rules on foreign exchange. On this point, per the SBP, remitting foreign exchange to overseas forex/margin/CFD platforms is not allowed through any payment channel (FERA s.5(1)). Read Law and regulators before you move money abroad for trading.
Frequent questions
What is the SBP policy rate?
It is the benchmark interest rate set by the State Bank of Pakistan through its Monetary Policy Committee. Other Pakistan interest rates, such as KIBOR and bank lending rates, tend to follow it.
Where can I find the current policy rate?
The SBP policy rate page shows the latest decision recorded on this site. For the rate in force today, check the State Bank of Pakistan's official website.
Why do the interbank and open market rates differ?
They come from different markets. Banks trade with each other at the interbank rate, while exchange companies set open market rates for cash dealings with the public. Demand, supply and dealer margins can push the two apart.
Who publishes Pakistan's inflation figures?
The Pakistan Bureau of Statistics publishes CPI and SPI. Our Inflation (CPI and SPI) page explains both indices.
Can economic data tell me which way the rupee or gold will move?
No. Data and policy decisions explain why markets react, but nobody can reliably predict the direction or size of a move. This section gives information only, not trading advice.