Dollar rate in Pakistan today (October 21, 2026): the US dollar closed at Rs276.86 in the interbank market as the rupee gained one paisa. In the open market, the dollar is buying at Rs277.52 and selling at Rs278.63.
Dollar Rate in Pakistan Today
| Market | Buying | Selling |
|---|---|---|
| Interbank | Rs276.86 | Rs277.06 |
| Open Market | Rs277.52 | Rs278.63 |
Other Currency Rates in the Open Market
| Currency | Buying | Selling |
|---|---|---|
| Euro (EUR) | Rs310.90 | Rs313.79 |
| UAE Dirham (AED) | Rs75.58 | Rs76.18 |
| Saudi Riyal (SAR) | Rs73.92 | Rs74.49 |
Last updated: October 21, 2026. Rates are updated daily and may differ slightly between banks and exchange companies.
Interbank vs Open Market Dollar Rate
The interbank rate is the rate at which banks trade dollars with each other, and it is used for imports, exports and official transactions. The open market rate is what exchange companies charge when you buy or sell cash dollars, so it is usually a little higher than the interbank rate.
What Moves the Dollar Rate in Pakistan
- Foreign exchange reserves: higher State Bank of Pakistan reserves usually support the rupee.
- Imports and oil prices: a bigger import bill, especially for oil, raises demand for dollars.
- Remittances and exports: money sent home by overseas Pakistanis and export earnings bring dollars in.
- IMF programme and loans: new inflows and loan tranches can strengthen the rupee.
- Global dollar strength and interest rates: changes in US interest rates affect currencies worldwide.
Frequently Asked Questions
What is the dollar rate in Pakistan today?
The US dollar is Rs276.86 in the interbank market and Rs278.63 (selling) in the open market today.
Why is the open market rate higher than the interbank rate?
Exchange companies add a margin for handling cash and their costs, so the open market rate is usually slightly higher.
Where can I check other daily rates?
See our gold rate in Pakistan today and petrol price in Pakistan today pages.
