Foreign currency exchange rates are continuing to remain important for Pakistan’s economy on May 07, 2026, as import payments, remittances, overseas transactions, and international trade activity are shaping financial movement across the country.
The US dollar is continuing to dominate the local currency market due to its direct connection with fuel imports, global trade, and external debt payments. In the open market, the dollar is being bought at Rs. 279.05 and sold at Rs. 279.80, while interbank rates are standing at Rs. 278.60 for buying and Rs. 279.10 for selling.
The UK pound sterling is also remaining among the strongest foreign currencies in Pakistan. In the open market, the pound is being traded at Rs. 378.44 for buying and Rs. 382.45 for selling. In the interbank market, the pound is being bought at Rs. 378.80 and sold at Rs. 379.48. The exchange rate is continuing to affect overseas education payments, trade transactions, and remittances from the Pakistani community living in the United Kingdom.
Meanwhile, Gulf currencies are continuing to play a major role in Pakistan’s foreign exchange market because of strong remittance inflows and business ties with the Middle East. The UAE Dirham is being bought at Rs 75.90 and sold at Rs 76.90 in the open market, while the Saudi Riyal is being traded at Rs 74.30 for buying and Rs 75.00 for selling. In the interbank market, the Saudi Riyal is standing at Rs 74.27 for buying and Rs 74.40 for selling.
The Omani riyal is also maintaining a high value in the Pakistani market. The currency is being bought at Rs. 722.00 and sold at Rs. 733.05 in the open market. Financial activity linked with overseas employment and regional trade is continuing to support demand for Gulf currencies.
At the same time, the Canadian dollar is remaining significant for students, businesses, and overseas Pakistanis connected with Canada. In the open market, the Canadian dollar is being bought at Rs. 203.16 and sold at Rs. 207.18, while interbank rates are standing at Rs. 204.29 for buying and Rs. 204.65 for selling.
Currency stability is continuing to influence Pakistan’s import costs, trade planning, remittance inflows, and overall economic activity. Businesses involved in manufacturing, textiles, travel, and commercial imports are closely monitoring daily exchange rate movement as international financial activity continues.
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