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Home Forex

Open Market Currency Rates in Pakistan – 14 May 2026

Mohsin Ali (Staff Reporter) by Mohsin Ali (Staff Reporter)
May 14, 2026
in Forex
Reading Time: 3 mins read
0

Pakistan’s foreign exchange market is continuing to show measured movement on Wednesday, 14 May 2026, as major international currencies, including the US dollar, British pound, UAE dirham, Saudi riyal, Canadian dollar and Omani riyal, are trading within controlled ranges against the Pakistani rupee in both interbank and open market segments.

The latest currency rates are reflecting ongoing import demand, external payment requirements and remittance inflows, while the Pakistani rupee is remaining under pressure from trade-related financial activity and rising settlement costs for imported goods.

According to updated market figures, the US dollar is trading in the interbank market at Rs 278.55 for buying and Rs 279.05 for selling. In the open market, the dollar is standing at Rs 279.00 for buying and Rs 279.65 for selling.

The dollar is continuing to remain the most influential foreign currency for Pakistan’s economy as import payments related to petroleum products, industrial raw materials and machinery are being settled in US currency. The current exchange rate trend is directly influencing transportation expenses, energy pricing and manufacturing costs in different sectors of the economy.

Meanwhile, the British pound is maintaining its higher trading range in Pakistan’s forex market. The pound sterling is being quoted at Rs 376.91 for buying and Rs 377.59 for selling in interbank trading, while open market rates are standing at Rs 376.60 for buying and Rs 381.78 for selling.

The pound’s movement is continuing to affect education-related foreign payments, travel expenses and service-sector transactions connected with the United Kingdom. Trade activity between Pakistan and the UK is also remaining sensitive to exchange rate fluctuations, particularly in textile exports and financial settlements.

In Gulf currencies, the UAE Dirham is continuing to trade within a stable band due to consistent remittance inflows from overseas Pakistanis working in the Emirates. The dirham is standing at Rs 75.84 for buying and Rs 75.97 for selling in the interbank market. In the open market, AED rates are recorded at Rs 75.90 for buying and Rs 77.00 for selling.

The UAE dirham remains one of the largest sources of worker remittances for Pakistan, and the dirham’s exchange value is continuing to play an important role in household income transfers, construction-related business activity and small-scale trade payments.

Similarly, the Saudi Riyal is remaining stable in the domestic forex market as labour remittances from Saudi Arabia continue supporting foreign exchange liquidity. Interbank rates for the Riyal are standing at Rs 74.24 for buying and Rs 74.38 for selling, while open market rates are recorded at Rs 74.30 for buying and Rs 75.30 for selling.

Saudi Arabia continues to hold strategic importance for Pakistan’s external sector due to remittance flows, energy cooperation and bilateral economic engagement. The riyal’s stability is helping maintain smoother financial inflows from overseas workers.

The Canadian dollar is also showing moderate movement against the Pakistani rupee. In the interbank market, the Canadian dollar is trading at Rs 203.28 for buying and Rs 203.64 for selling. Open market rates are standing at Rs 202.20 for buying and Rs 207.46 for selling.

Currency movement linked with Canada is continuing to influence educational expenses, overseas transfers and import-related payments. Financial activity associated with trade and migration is also contributing to CAD demand in Pakistan’s exchange market.

Meanwhile, the Omani riyal is remaining among the highest-valued Gulf currencies in the open market. OMR rates are currently standing at Rs 722.00 for buying and Rs 732.79 for selling. The currency is continuing to reflect remittance flows from Pakistanis employed in Oman, particularly in labour-intensive sectors.

Pakistan’s forex market overall is continuing to show cautious stability as the country manages external financing needs, import settlements and foreign exchange reserves. Currency fluctuations are influencing the prices of imported consumer goods, fuel supplies, industrial production inputs and international trade costs.

The movement of global currencies against the Pakistani rupee is also being closely watched by businesses involved in exports, imports, travel, education and overseas remittances, as exchange rate trends continue shaping broader economic activity across the country.

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Mohsin Ali (Staff Reporter)

Mohsin Ali (Staff Reporter)

Mohsin Ali is a Staff Reporter at The Pakistan Today, covering national news, current affairs, and digital news developments. He focuses on accurate, timely, and reader-friendly reporting while maintaining professional journalistic standards and editorial integrity.

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