Karachi, February 23, 2026 – The State Bank of Pakistan (SBP) on Monday released the daily interbank foreign exchange (forex) rates to facilitate banking customers, importers, exporters, and financial institutions across the country.
According to the central bank, the updated interbank rates reflect indicative prices quoted by various commercial banks for customer transactions. These rates serve as a benchmark for foreign currency dealings in Pakistan and provide transparency in the interbank market.
Latest Interbank Forex Rates in Pakistan (February 23, 2026)
| Currency | Buying (PKR) | Selling (PKR) |
| UAE Dirham (AED) | 76.0704 | 76.1776 |
| Australian Dollar (AUD) | 197.5900 | 197.8874 |
| Canadian Dollar (CAD) | 204.3241 | 204.6364 |
| Swiss Franc (CHF) | 361.6239 | 362.1946 |
| Chinese Yuan (CNY) | 40.4649 | 40.5174 |
| Euro (EUR) | 330.2108 | 330.7103 |
| British Pound (GBP) | 377.6867 | 378.2599 |
| Japanese Yen (JPY) | 1.8091 | 1.8118 |
| Saudi Riyal (SAR) | 74.4533 | 74.5615 |
| US Dollar (USD) | 279.2814 | 279.7065 |
Market Overview
The SBP stated that these exchange rates are compiled from daily exchange rate sheets issued by commercial banks and are for information purposes only. Actual rates may vary depending on transaction size, market demand, and individual bank policies.
In today’s session, the US Dollar (USD) traded in a narrow band around Rs279.28–279.71, indicating relative stability in the interbank market. Similarly, the Euro (EUR) and British Pound (GBP) remained steady, reflecting balanced demand and supply conditions.
Market participants continue to monitor global financial trends, foreign inflows, and external account developments, which play a key role in shaping currency movements. The SBP remains committed to maintaining orderly market conditions and supporting exchange rate stability.
Stay updated with the latest interbank forex rates in Pakistan for informed financial decisions and trade planning.