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Open Market Rate Today Pakistan – 23 April 2026

Web Desk 4 hours ago 0

The latest currency figures reveal a persistent weakening of the rupee, masked only partially by controlled market movements. The dollar’s approach toward Rs 280 suggests that underlying demand pressures remain intact, despite administrative efforts to stabilise the exchange rate.

More telling, however, is the sharp rise in currencies such as the pound sterling and euro, which have surged well beyond Rs 330 and Rs 380, respectively. This reflects not just global currency strength, but Pakistan’s continued vulnerability to external imbalances.

Gulf currencies — crucial for remittance inflows — have also moved upward, a development that may offer short-term relief in inflow value but simultaneously underscores the rupee’s declining purchasing power internationally. The exceptionally high rates of the Kuwaiti and Omani currencies further highlight disparities between oil-backed economies and import-dependent ones like Pakistan.

Perhaps most concerning is the widening spread between buying and selling rates across multiple currencies, suggesting reduced liquidity and increased risk perception in the market. Without meaningful structural reforms — particularly in exports and foreign reserves management — such trends are unlikely to reverse in a sustainable manner.

Flag Code Buying (PKR) Selling (PKR)
US USD 279.25 279.90
UK GBP 376.96 382.75
UAE AED 75.95 77.00
CH CHF 355.87 358.95
SE SEK 30.25 30.55
SG SGD 217.44 223.75
SA SAR 74.30 75.45
QA QAR 71.21 72.65
OM OMR 721.30 731.34
NO NOK 27.60 27.90
NZ NZD 163.35 165.10
MY MYR 65.30 66.75
KW KWD 877.50 888.52
HK HKD 35.08 36.08
EU EUR 327.49 332.96
DK DKK 43.25 43.65
CN CNY 38.65 39.25
CA CAD 202.85 207.75
BH BHD 725.70 740.55
AU AUD 198.14 204.50
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