KARACHI, July 15: The Pakistani rupee remained largely stable against major international currencies on Wednesday as the State Bank of Pakistan (SBP) released its official mark-to-market exchange rates for July 15, 2026.
According to the latest rates, the US dollar (USD) was quoted at Rs278.0015 in the ready market, reflecting minimal movement as foreign exchange markets remained stable amid improving foreign exchange reserves and measured monetary policy.
The Saudi Riyal (SAR) was valued at Rs74.0488, remaining a key benchmark for millions of overseas Pakistanis working in Saudi Arabia. Remittances from the Kingdom continue to play a vital role in supporting Pakistan’s foreign exchange reserves and balance of payments.
The UAE Dirham (AED) was quoted at Rs75.6961, maintaining stability in line with its peg to the US dollar. The currency remains important for bilateral trade and remittances from the large Pakistani community residing in the United Arab Emirates.
The British Pound Sterling (GBP) was traded at Rs371.6741, continuing to rank among the strongest foreign currencies against the Pakistani rupee.
Among other Gulf Cooperation Council (GCC) currencies, the Kuwaiti Dinar (KWD) remained the highest-valued currency at Rs903.3355, followed by the Bahraini Dinar (BHD) at Rs737.3076 and the Qatari Riyal (QAR) at Rs76.2599.
The steady performance of Gulf currencies continues to support remittance inflows from the region, which remain a major source of foreign exchange for Pakistan.
Among Commonwealth currencies, the Canadian Dollar (CAD) was quoted at Rs196.2941, reflecting its growing importance due to the expanding Pakistani diaspora in Canada.
The Australian Dollar (AUD) was valued at Rs192.8635, remaining an important currency for Pakistanis pursuing higher education, employment and business opportunities in Australia.
Analysts said the stability of the rupee against major international currencies reflects relatively balanced market conditions and continued confidence in Pakistan’s external sector.
Major Currency Exchange Rates (July 15, 2026)
| Currency | Exchange Rate (PKR) |
|---|---|
| US Dollar (USD) | Rs278.0015 |
| Saudi Riyal (SAR) | Rs74.0488 |
| UAE Dirham (AED) | Rs75.6961 |
| British Pound (GBP) | Rs371.6741 |
| Kuwaiti Dinar (KWD) | Rs903.3355 |
| Bahraini Dinar (BHD) | Rs737.3076 |
| Qatari Riyal (QAR) | Rs76.2599 |
| Canadian Dollar (CAD) | Rs196.2941 |
| Australian Dollar (AUD) | Rs192.8635 |
