Karachi: The State Bank of Pakistan released updated exchange rates indicating a slight increase in the buying and selling rates of major foreign currencies against the Pakistani Rupee. This data, compiled by the Domestic Markets and Monetary Management Department, reflects the rates quoted by commercial banks to their clients as of January 2, 2026.
The exchange rate for the US dollar stands at 279.8567 for buying and 280.2818 for selling. The Euro is at 328.8348 for buying and 329.3321 for selling. The British Pound shows a rate of 377.0235 for buying and 377.6209 for selling.
The data also includes exchange rates for other currencies. The Australian dollar is at 187.3885 for buying and 187.6741 for selling, while the Canadian dollar is at 204.0653 for buying and 204.3744 for selling.
The exchange rate for the Chinese Yuan is listed at 40.0550 for buying and 40.1068 for selling. The Japanese Yen is at 1.7838 for buying and 1.7864 for selling.
The State Bank of Pakistan notes that these rates are indicative and based on the exchange rate sheets issued by various commercial banks. The rates are meant for informational purposes and are an estimate of the rates used in commercial transactions.
The data highlights the ongoing fluctuations in the currency market, with the Pakistani Rupee experiencing pressure against major currencies.