SBP releases daily interbank foreign exchange rates: February 17, 2026

Karachi, February 17, 2026 – The State Bank of Pakistan (SBP) on Tuesday released the official interbank foreign exchange rates to facilitate banks, businesses, importers, exporters, and the general public in making informed financial and commercial decisions.

The daily update provides indicative buying and selling rates of major international currencies against the Pakistani rupee (PKR) in the interbank market. These rates serve as a benchmark for commercial banks when quoting exchange rates to their clients for trade settlements, remittances, and other cross-border transactions.

According to the central bank, the exchange rate data is compiled from rate sheets submitted by various commercial banks and is disseminated strictly for information purposes. The SBP clarified that the published rates are estimates and may vary slightly from the actual rates offered by banks, depending on market liquidity, transaction size, and prevailing demand-supply dynamics.

Market participants closely monitor daily currency movements, particularly in the US dollar, euro, and pound sterling, as fluctuations directly impact import costs, export competitiveness, inflation trends, and overall economic sentiment. Stable exchange rates are also crucial for maintaining confidence among foreign investors and overseas Pakistanis sending remittances.

The following table shows the latest interbank foreign exchange rates as on February 17, 2026:

The SBP regularly publishes these rates to promote transparency and ensure smooth functioning of the foreign exchange market in Pakistan.