KARACHI, April 16, 2026 — Foreign exchange rates in Pakistan showed mixed movements on Wednesday as the rupee traded against major global currencies in the open market, according to currency dealers.
The Pakistani rupee remained relatively stable against the US dollar, with buying and selling rates recorded at 279 and 280 respectively. Traders said demand for dollars remained steady amid import payments and corporate requirements.
The US Dollar continued to act as the benchmark for broader currency movement, while other major currencies reflected fluctuations driven by global market trends.
The euro and British pound remained among the strongest currencies against the rupee, reflecting continued pressure on emerging market currencies. Meanwhile, Gulf currencies such as the Saudi riyal and UAE dirham stayed closely aligned with dollar-linked stability due to their fixed exchange regimes.
Currency exchange rates (April 16, 2026)
| Currency | Symbol | Buying | Selling |
| Australian Dollar | AUD | 197.5 | 204.8 |
| Bahrain Dinar | BHD | 729 | 739.75 |
| Canadian Dollar | CAD | 201.4 | 210.9 |
| Chinese Yuan | CNY | 36.45 | 37.55 |
| Danish Krone | DKK | 43.25 | 43.65 |
| Euro | EUR | 328.25 | 332.75 |
| Hong Kong Dollar | HKD | 35.25 | 36.15 |
| Indian Rupee | INR | 2.03 | 2.22 |
| Japanese Yen | JPY | 1.74 | 1.84 |
| Kuwaiti Dinar | KWD | 880.5 | 891.3 |
| Malaysian Ringgit | MYR | 65.25 | 66.65 |
| New Zealand Dollar | NZD | 162.4 | 164.05 |
| Norwegian Krone | NOK | 27.65 | 27.95 |
| Omani Riyal | OMR | 723.65 | 734.1 |
| Qatari Riyal | QAR | 71.55 | 72.77 |
| Saudi Riyal | SAR | 74.35 | 75.4 |
| Singapore Dollar | SGD | 217.73 | 223.25 |
| Swedish Krona | SEK | 30.2 | 30.5 |
| Swiss Franc | CHF | 355 | 358.85 |
| Thai Baht | THB | 8.05 | 8.25 |
| UAE Dirham | AED | 75.9 | 77 |
| UK Pound Sterling | GBP | 377.76 | 383.25 |
| US Dollar | USD | 279 | 280 |
Market analysts said currency stability in the short term will depend on import demand, remittance inflows, and external financing conditions. They added that global geopolitical developments and oil price movements could also influence future exchange rate trends.
Disclaimer: Rates may vary across banks and exchange companies.