Dollar and other Currency Rates in Pakistan Today- April 03, 2026

Karachi, April 03, 2026 – The State Bank of Pakistan (SBP) has published its latest Mark-to-Market (M2M) currency rates for authorized dealers, providing updated reference rates for foreign currency transactions against the Pakistani Rupee (PKR).

Here’s a comprehensive breakdown of today’s key currency rates for traders, importers, exporters, and remittance senders.

US Dollar (USD) at PKR 279.10

The US Dollar, Pakistan’s most traded foreign currency, is quoted at PKR 279.10 (ready rate) for same-day settlements in today’s SBP report. The greenback shows modest forward premiums across tenors, with the 1-year rate projected at PKR 289.80, reflecting measured market expectations of rupee depreciation over the coming months. The USD/PKR rate remains the cornerstone benchmark for international trade, remittance inflows, and foreign debt servicing obligations.

British Pound (GBP) Trades at PKR 369.50

Sterling continues to command a significant premium against the rupee, with the British Pound quoted at PKR 369.50 for ready transactions. The GBP/PKR pair shows steady upward momentum in forward markets, reaching PKR 382.04 for 1-year contracts. UK-bound remittances and bilateral trade flows remain sensitive to this rate, particularly for Pakistani expatriates and importers of British goods and services.

Kuwaiti Dinar (KWD) Leads at PKR 909.57

The Kuwaiti Dinar remains the highest-valued currency against the PKR in today’s report, trading at PKR 909.57 on a ready basis. As a key currency for Pakistani workers in the Gulf Cooperation Council region, the KWD/PKR rate directly impacts remittance inflows from Kuwait. Forward rates indicate gradual appreciation expectations, with the 1-year rate at PKR 951.47, signaling sustained demand for Gulf currencies.

Qatari Riyal (QAR) at PKR 76.55

The Qatari Riyal is quoted at PKR 76.55 for same-day settlements. With a significant Pakistani labor presence in Qatar’s energy, construction, and services sectors, this rate is closely watched for remittance calculations and cross-border trade. The QAR shows stable forward pricing, with the 12-month rate at PKR 79.45, reflecting contained volatility expectations in the Gulf currency basket.

Bahraini Dinar (BHD) Firm at PKR 739.34

The Bahraini Dinar holds strong at PKR 739.34 in ready transactions. As another key Gulf currency for Pakistani expatriates, the BHD/PKR rate influences cross-border money transfers and trade settlements with Bahrain. Forward curves suggest measured appreciation, with the 1-year rate projected at PKR 766.01, aligning with broader regional currency trends.

Canadian Dollar (CAD) at PKR 200.48

The Canadian Dollar is trading at PKR 200.48 for ready value. With growing educational, immigration, and business ties between Pakistan and Canada, the CAD/PKR rate is increasingly relevant for students, families, and SMEs engaged in cross-border commerce. Forward rates indicate moderate upward pressure, with the 1-year contract at PKR 210.86.

Other Currencies in Focus

Beyond the priority currencies, several other major and regional currencies are actively quoted in Pakistan’s foreign exchange market today. The Euro (EUR) stands at PKR 322.18, while the Japanese Yen (JPY) is at PKR 1.75. Gulf currencies include the UAE Dirham (AED) at PKR 75.99 and Saudi Riyal (SAR) at PKR 74.35. Asian peers feature the Chinese Yuan (CNY) at PKR 40.58, Malaysian Ringgit (MYR) at PKR 69.26, and Indian Rupee (INR) at PKR 3.01. Other notable rates include the Australian Dollar (AUD) at PKR 192.83, Swiss Franc (CHF) at PKR 349.82, Singapore Dollar (SGD) at PKR 217.12, and Omani Rial (OMR) at PKR 725.03. Currencies with limited forward liquidity, such as the Brazilian Real (BRL), Argentine Peso (ARS), and Turkish Lira (TRY), show ready rates only or truncated forward curves.