The Pakistani Rupee remained largely stable against the US Dollar in both the interbank and open market. According to the latest available data, 1 USD equals around 279.62 PKR in the interbank market, while currency dealers in the open market are selling dollars at a slightly higher price.
The currency market has shown unusual calm over the past few weeks, with very minor fluctuations compared to previous volatile months. In this report, you will understand the latest dollar rate in Pakistan, market differences, weekly trend, and what it means for inflation, imports, and remittances.
Latest USD to PKR Exchange Rate Today
| Market | Buying Rate | Selling Rate |
| Interbank | 279.62 PKR | 279.82 PKR |
| Open Market | 279.75 PKR | 282.15 PKR |
| XE Provider | ~279.61 PKR | — |
| Western Union Transfers | — | ~283.42 PKR |
The interbank rate is the official rate used by banks and the State Bank of Pakistan, while the open market rate reflects what the public pays when purchasing dollars from exchange companies.
Interbank Market Closing Rate
The State Bank reported the closing interbank rate at:
- Buying: 279.62 PKR
- Selling: 279.82 PKR
This indicates a highly stable currency environment, with movements limited to a few paisas.
Open Market Dollar Rate
Currency dealers across major cities quoted:
- Buying around 279.75 PKR
- Selling around 282.15 PKR
The difference between interbank and open market is normal and represents dealer margins, demand pressure, and cash availability.
Weekly Trend and Stability
Over the last week, the rupee traded in a very narrow band:
- Highest: 279.70 PKR
- Lowest: 279.62 PKR
Economists note this is one of the most stable phases of the rupee in recent years. The currency has now completed nearly 100 trading sessions without major depreciation, a rare occurrence after years of fluctuations.
The current level is also lower than the 2026 peak of 282.08 PKR recorded on February 1, 2026, showing mild strengthening of the rupee.
Why the Rupee Is Stable
Financial analysts link this stability to several factors:
1. Controlled Imports
Restrictions on luxury imports reduced dollar demand.
2. Improved Remittances
Overseas Pakistanis continue sending steady inflows through banking channels.
3. IMF Monitoring & Reforms
Fiscal discipline and monetary control policies have reduced speculative pressure on the currency.
4. Market Confidence
Banks and exchange companies are no longer expecting sudden devaluation, lowering panic buying.
Impact on Pakistan’s Economy
Inflation
Stable dollar means imported goods prices remain steady. Petrol, electronics, and food items avoid sudden increases.
Petrol Prices
Oil payments depend on the dollar rate. A stable rupee helps prevent sharp fuel price hikes.
Imports & Business
Businesses can now predict costs better, improving planning for traders and importers.
Overseas Remittances
Pakistanis abroad may see slightly lower rupee returns compared to high-dollar periods, but stability benefits the overall economy.
What Experts Expect Next
Currency experts believe the rupee may continue trading between 278 and 283 PKR in the short term unless a major global or political event occurs.
However, risks remain:
- Oil price changes
- IMF review decisions
- Foreign reserves position
- Political uncertainty
Conclusion
The USD to PKR exchange rate today stands near 279.62 in the interbank and about 282.15 in the open market, reflecting one of the calmest periods for Pakistan’s currency in recent times. While the rupee is not strengthening sharply, its stability is helping control inflation and restoring confidence in the economy.
Readers can now clearly understand the latest dollar rate, recent trend, and its impact on daily life and the national economy.