KARACHI, April 29, 2026 (APP): The State Bank of Pakistan (SBP) released the latest currency exchange rates on Wednesday. The US Dollar (USD) showed slight strength against the Pakistani Rupee (PKR), while other major currencies mostly stayed stable.
Market analysts linked the rupee’s mild pressure to end-of-month import payments and stronger global demand for the US dollar.
US Dollar (USD) rises slightly
The US Dollar traded at:
- Buying: Rs. 278.75
- Selling: Rs. 280.25
This marks a small increase from last week’s levels. Import payments and seasonal demand supported the dollar. However, analysts expect the USD/PKR rate to remain mostly stable in the short term.
UK Pound (GBP) remains strong
The British Pound stayed firm at:
- Buying: Rs. 366.50
- Selling: Rs. 369.00
The pound continues to benefit from steady remittance inflows from the UK, which help support Pakistan’s foreign reserves.
Euro (EUR) stays stable
The Euro remained range-bound:
- Buying: Rs. 320.00
- Selling: Rs. 322.50
Limited movement reflects balanced economic signals from the Eurozone and stable market demand.
Canadian Dollar (CAD) steady
The Canadian Dollar traded at:
- Buying: Rs. 203.00
- Selling: Rs. 205.25
Oil price stability helped support the Canadian currency. The CAD remains important for Pakistani students and families in Canada.
Read more:Dollar and Other Currency Rates in Pakistan Today – April 29, 2026
Gulf currencies remain strong for remittances
Middle Eastern currencies continued to play a key role in remittances:
- Kuwaiti Dinar (KWD): Rs. 908.00 / 912.50
- Bahraini Dinar (BHD): Rs. 739.75 / 743.25
- Omani Riyal (OMR): Rs. 723.50 / 726.75
The Kuwaiti Dinar remains the strongest currency against the Pakistani Rupee.
Other major currencies
- UAE Dirham (AED): Rs. 75.85 / 76.25
- Saudi Riyal (SAR): Rs. 74.30 / 74.75
- Swiss Franc (CHF): Rs. 327.50 / 330.00
- Chinese Yuan (CNY): Rs. 38.25 / 38.80
- Australian Dollar (AUD): Rs. 181.00 / 183.25
- Japanese Yen (JPY): Rs. 1.85 / 1.92
- Qatari Riyal (QAR): Rs. 76.45 / 76.95
Market outlook
Experts expect the rupee to remain in a tight range unless major global or domestic changes occur. Remittances, import demand, and global dollar trends will continue to guide the market.
