The dollar rate in Pakistan on 24 Feb 2026 edged lower as the Pakistani rupee strengthened in Tuesday’s session. The State Bank of Pakistan (SBP) fixed the USD/PKR mark-to-market rate at Rs 279.5232, down 3 paisa from the previous close.
This marks the slimmest print of 2026 so far. The greenback remains within the 279–282 trading range that has persisted since October.
Dollar Rate in Pakistan 24 Feb 2026 and Major Currencies
The US dollar (USD) traded at Rs 279.52 in the spot market. One-week forwards stood at 279.85, indicating a marginal carrying cost.
The British pound (GBP) opened at Rs 376.59 in the spot market. Meanwhile, the Saudi riyal (SAR) stood at Rs 74.55, and the UAE dirham (AED) traded at Rs 76.10. The Qatari riyal (QAR) was recorded at Rs 76.48.
Among higher-value currencies, the Kuwaiti dinar (KWD) traded at Rs 914.97. The euro (EUR) opened at Rs 329.19, while the Japanese yen (JPY) remained at Rs 1.79 per unit.
Read: USD to PKR Exchange Rate Today: Rupee Strengthens to 279.55
Other major currencies included the Swiss franc at Rs 360.37 and the Chinese yuan at Rs 40.58. Rates largely stayed within familiar ranges, suggesting no immediate event-driven volatility.
Market participants noted that liquidity remains ample. As a result, the currency rate is moving mainly on technical flows rather than strong fundamental shifts.
Pakistan’s foreign exchange reserves were reported at $21.26 billion. The real effective exchange rate (REER) eased to 98.2 in November, a level considered competitive by international benchmarks.
Dealers expect the USD/PKR to remain within the 278–282 band during the first quarter of 2026, barring major oil price spikes or political disruptions
