Today Dollar Rate in Pakistan
As of Friday, Aug 07, 2026, the official Dollar rate in Pakistan is PKR 278.15.
The dollar rate in Pakistan today open market is close behind at PKR 278.50. The rupee has held fairly steady over the past few sessions, with no sharp jumps in either direction.
Dollar Rate Live Updates
- The dollar rate today closed at Rs. 278.25 in the interbank market, slightly up from yesterday's close of Rs. 278.18.
- Open market counters across major cities were quoting between Rs. 278.00 and Rs. 278.50 throughout the day.
- The State Bank's latest weekly bulletin shows reserves holding steady, with no major swings this week.
Open Market Dollar Rate in Main Cities
In Karachi, cash trading is moving normally around Saddar and I.I. Chundrigar Road. In Lahore and Islamabad, counter rates track closely with the national average, with steady walk-in volume rather than any rush to buy or sell. In smaller cities, expect a slightly wider gap between buying and selling than the big exchange hubs offer.
Interbank vs Open Market Rate
Open Market Rate — the price you'll actually deal with at an exchange counter for physical cash, whether for travel, tuition, or a medical bill abroad.
Interbank Rate — the wholesale rate banks use among themselves, mainly for clearing large import payments and business transfers, set daily by the State Bank of Pakistan.
What Affects the Dollar Rate in Pakistan?
A number of factors move the dollar rate in Pakistan from one week to the next:
- Inflation: Higher inflation at home pushes demand for a stable store of value like the dollar.
- Oil prices: Pakistan buys most of its oil from abroad, so when crude gets more expensive on the world market, the country simply needs more dollars to cover the same import bill.
- State Bank policy and reserves: How much foreign currency the SBP is sitting on, and what it does with interest rates, has a real say in whether the rupee stays steady or starts sliding.
- Remittances: Dollars sent home by Pakistanis working abroad make up a big chunk of what flows into the country, and that inflow takes real pressure off the exchange rate.
- External debt and political stability: Investor confidence in the rupee tracks how manageable the debt load and political situation look.
Remittances and the Dollar Rate
When remittance inflows run strong around $700–800 million a week the rupee tends to hold steady, and on strong weeks it can even gain slightly. On slower weeks, the dollar to PKR rate tends to drift upward. Stronger dollar supply from remittances also narrows the gap between official and informal rates, leaving little incentive to use unofficial channels.
What is the dollar rate today?
Today the dollar rate is Rs. 278.25 in Pakistan.
What is the rate of $1 in Pakistan?
Rs. 278.25 in the interbank exchange rate, as set by the State Bank of Pakistan.
What is the dollar rate in Pakistan today open market?
The dollar rate in Pakistan today open market is Rs. 278.50, generally a little higher than the interbank rate.
What is the dollar buying and selling rate today?
Buying rate is Rs. 278.00, selling rate is Rs. 278.50 in the open market. Rates can vary slightly between exchange companies.
What is the open market rate for 100 US Dollars today?
Sell 100 dollars for Rs. 27,800, or buy for Rs. 27,850, based on today's open market dollar rate.
Why is the interbank rate different from the open market rate?
The interbank rate is what banks use among themselves for large transactions; the open market rate is what you get at an exchange counter for physical cash, usually a bit higher due to dealer margins.