Karachi, December 18, 2025 — The State Bank of Pakistan (SBP) has published the latest interbank foreign exchange rates for Thursday, December 18, 2025, providing updated reference rates for banks, businesses, and general consumers. These rates are aimed at facilitating smoother transactions and offering guidance on the prevailing currency trends in the interbank market.
According to the SBP, the rates represent the weighted average exchange rates quoted by commercial banks to their clients and are intended for informational purposes only. They are compiled from the daily exchange rate sheets issued by banks and serve as an indicative reference for commercial transactions.
The interbank market remained relatively stable, with the US Dollar trading at Rs280.02 for buying and Rs280.45 for selling. Other major currencies, including the Euro, British Pound, and UAE Dirham, showed marginal fluctuations, reflecting normal market activity. Analysts noted that these rates help businesses and importers/exporters to plan transactions and manage currency exposure efficiently.
SBP Interbank Weighted Average Customer Exchange Rates – December 18, 2025
| Currency | Buying (PKR) | Selling (PKR) |
| UAE Dirham (AED) | 76.2437 | 76.3535 |
| Australian Dollar (AUD) | 184.9449 | 185.2275 |
| Canadian Dollar (CAD) | 203.2222 | 203.5315 |
| Swiss Franc (CHF) | 351.9914 | 352.5230 |
| Chinese Yuan (CNY) | 39.7712 | 39.8217 |
| Euro (EUR) | 328.6979 | 329.1938 |
| British Pound (GBP) | 374.3595 | 374.9345 |
| Japanese Yen (JPY) | 1.7978 | 1.8005 |
| Saudi Riyal (SAR) | 74.6513 | 74.7612 |
| US Dollar (USD) | 280.0203 | 280.4454 |
The SBP clarified that these interbank exchange rates are estimates and not official transaction rates, and individual banks may quote slightly different rates for commercial dealings. These updates provide transparency and guidance for clients engaging in currency exchange and international trade.