Pound Sterling Records Widest Open Market Exchange Spread

The British Pound Sterling registered the widest disparity between its buying and selling rates in Pakistan’s open currency market today, according to figures released by the Exchange Companies Association of Pakistan. This notable gap indicates a significant spread for consumers engaging in foreign exchange transactions.

On 7th May 2026, the Pound Sterling was quoted with a buying rate of 379.21 and a selling rate of 382.58. This difference of 3.37 units represents the largest spread among the major international currencies listed.

The Euro also exhibited a substantial spread, with its buying rate at 327.64 and selling at 330.43, marking a 2.79 unit difference. Other key currencies saw comparatively narrower spreads in the retail exchange sector.

The United States Dollar (USD) was traded at 279.18 for buying and 279.98 for selling. The United Arab Emirates Dirham (AED) fetched 76.00 for buying and 76.85 for selling, while the Saudi Riyal (SR) stood at 74.32 for buying and 75.03 for selling.

The Japanese Yen (JPY) recorded the narrowest spread among the listed currencies, with buying quotations at 1.76 and selling at 1.82.

In the interbank market, a separate benchmark showed a tighter margin, with the rate at 278.71 for buying and 278.91 for selling, highlighting the difference between institutional and retail foreign exchange pricing.