Karachi, February 16, 2026 – The State Bank of Pakistan (SBP) on Monday released the latest interbank foreign exchange rates to guide banking consumers, traders, and businesses across the country. These rates provide an indicative reference for currency transactions in the domestic market.
The SBP clarified that the rates are compiled for information purposes only and reflect the approximate exchange rates quoted by various commercial banks to their clients for commercial transactions.
Interbank Foreign Exchange Rates – February 16, 2026
| Currency | Buying (PKR) | Selling (PKR) |
| UAE Dirham (AED) | 76.0918 | 76.2017 |
| Australian Dollar (AUD) | 197.9816 | 198.2794 |
| Canadian Dollar (CAD) | 205.1876 | 205.4984 |
| Swiss Franc (CHF) | 363.5043 | 364.0761 |
| Chinese Yuan (CNY) | 40.4743 | 40.5268 |
| Euro (EUR) | 331.4618 | 331.9683 |
| British Pound (GBP) | 381.0352 | 381.6343 |
| Japanese Yen (JPY) | 1.8238 | 1.8265 |
| Saudi Riyal (SAR) | 74.4836 | 74.5906 |
| US Dollar (USD) | 279.3398 | 279.7649 |
Market analysts noted that these interbank rates serve as a benchmark for commercial and retail currency transactions, helping businesses and individuals plan imports, exports, and other foreign exchange activities.
The SBP emphasized that while the rates are indicative, fluctuations may occur in the open market due to supply and demand dynamics, global currency movements, and commercial bank pricing strategies. Consumers and traders are advised to consult their banks for exact transaction rates before executing currency exchanges.