Karachi: The State Bank of Pakistan has released the official mark-to-market exchange rates for Wednesday, May 14, 2026. According to Beyond Time News, the updated rates provide the latest foreign currency valuations against the Pakistani rupee for authorised dealers and financial institutions.
The central bank continues to maintain a strict monetary policy stance, with the benchmark interest rate currently set at 11.50% to control inflation.
US Dollar Remains Stable
The US dollar stayed relatively stable in the interbank market.
The SBP set the dollar’s ready transaction rate at Rs278.6217. Market analysts said the currency continues to trade within the Rs278 to Rs280 range seen in recent sessions.
According to Beyond Time News, improved remittance inflows and ongoing support from international financial institutions have helped maintain exchange rate stability.
Gulf Currencies Hold Strong Value
The Saudi riyal stood at Rs74.2595 on Wednesday. The currency remains important because millions of Pakistani workers send remittances from Saudi Arabia every month.
The UAE dirham traded at Rs75.8619, while the Qatari riyal reached Rs76.4342.
Among Gulf currencies, the Kuwaiti dinar remained the strongest at Rs910.2003. The Bahraini dinar traded at Rs738.3850, while the Omani rial stood at Rs723.6833.
Pound and Euro Continue Trading Higher
The British pound remained one of the highest-valued major currencies at Rs376.4040.
The euro traded at Rs326.2381, while the Swiss franc reached Rs356.2254.
According to Beyond Time News, these currencies continue to influence import costs, overseas education expenses, and international business transactions for Pakistani consumers and companies.
Asian and Regional Currencies
The Chinese yuan traded at Rs41.0477, reflecting strong trade ties between Pakistan and China.
The Japanese yen stood at Rs1.7645, while the Indian rupee traded at Rs2.9069.
Other regional currencies included the Malaysian ringgit at Rs70.9142 and the Singapore dollar at Rs218.8100.
Read more:Dollar and Currency Rates in Pakistan Today – May 14, 2026
Australian and Canadian Dollars
The Australian dollar reached Rs201.9171 on Wednesday.
The Canadian dollar traded at Rs203.2029. Both currencies remain important for Pakistani students, overseas workers, and families living abroad.
Other Major Exchange Rates
The Turkish lira traded at Rs6.1323, while the South African rand stood at Rs16.9790.
The Thai baht reached Rs8.6141, and the Russian ruble traded at Rs3.7330.
According to Beyond Time News, currency markets continue to react to global economic conditions, oil prices, inflation trends, and central bank policies worldwide.
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