Major foreign currencies are trading within a stable range against the Pakistani Rupee on Friday, 17 April 2026, as the country’s foreign exchange market is showing signs of short-term balance amid ongoing economic adjustments.
The US Dollar is maintaining its position in both interbank and open markets. In the interbank market, it is being traded at Rs. 278.85 (buying) and Rs. 279.35 (selling), while in the open market, it is being quoted at Rs. 279.00 (buying) and Rs. 279.95 (selling). The relative stability of the Dollar is playing a crucial role in managing Pakistan’s import costs and inflation outlook.
Similarly, the British Pound is continuing to trade at elevated levels, reflecting its global strength. The interbank rate stands at Rs. 377.15 (buying) and Rs. 377.83 (selling), whereas the open market rate is Rs. 376.78 (buying) and Rs. 384.00 (selling). The higher value of the Pound is influencing import expenditures and education-related outflows.
Among Gulf currencies, the Saudi Riyal and UAE Dirham are maintaining steady levels. The Riyal is being traded at Rs. 74.36 (buying) and Rs. 74.49 (selling) in the interbank market, while open market rates are Rs. 74.40 (buying) and Rs. 75.40 (selling). The UAE Dirham is also showing consistency, trading near Rs. 75.95 to Rs. 77.05 in the open market, aligned with interbank parity. These currencies are continuing to support Pakistan’s foreign exchange inflows through remittances.
The Omani Riyal, one of the highest-valued currencies, is being quoted at Rs. 723.75 (buying) and Rs. 734.20 (selling) in the open market, reflecting its strong parity. Its value is contributing significantly to remittance inflows from overseas Pakistanis residing in Oman.
Meanwhile, the Canadian Dollar is trading at moderate levels, with interbank rates at Rs. 203.64 (buying) and Rs. 204.01 (selling), and open market rates at Rs. 202.05 (buying) and Rs. 207.90 (selling). The currency’s stability is supporting trade relations and financial flows between Pakistan and Canada.
Overall, the foreign exchange market is showing a controlled trend, with the Rupee holding its ground against major currencies. The current stability is supporting trade predictability and economic planning, although external pressures and global financial conditions remain key factors influencing future movement.
