State Bank of Pakistan releases latest mark-to-market currency rates , USD slightly weakens, PKR holds steady.

The State Bank of Pakistan (SBP) has issued the latest mark-to-market (M2M) exchange rates for major global currencies against the Pakistani Rupee (PKR) as of October 7, 2025.

Pakistan Currency Rates Today – Latest Updates

These official rates, used by authorized foreign exchange dealers for daily revaluation, are based on the weighted average closing interbank rate of the US Dollar (USD) from brokerage houses. Other currencies are then calculated using the USD/PKR rate alongside their respective USD exchange values from LSEG Workspace.

The US Dollar (USD) continued its gradual decline, trading at 281.2188 PKR in the spot market, while one-year forward rates rose to 293.5333 PKR.

The Saudi Riyal (SAR) remained stable at 74.9757 PKR (spot), advancing to 77.7325 PKR over one year. The UAE Dirham (AED) was quoted at 76.5659 PKR, with a one-year forward rate of 80.0004 PKR, while the Qatari Riyal (QAR) opened at 77.1520 PKR, climbing to 80.4806 PKR for the same tenor.

Among other key currencies, the Kuwaiti Dinar (KWD) maintained its strength at 918.3706 PKR (spot), reaching 963.7789 PKR in one year. The Euro (EUR) inched up to 328.5058 PKR, with forward rates at 348.8388 PKR, and the Bahraini Dinar (BHD) stood at 745.9880 PKR, progressing to 775.0055 PKR. The British Pound (GBP) traded at 378.0144 PKR, with its one-year forward rate at 393.6493 PKR, reflecting steady growth in forward premiums.

Market Insights

Analysts attribute the slight USD weakness and modest Euro gains to global economic fluctuations, while steady remittance inflows continue to support the Pakistani Rupee.

Gulf currencies—SAR, AED, QAR, KWD, and BHD—remain resilient, backed by strong regional economic fundamentals. These currencies continue to play a central role for Pakistani traders and expatriates, especially in remittance settlements.

The forward premiums suggest a cautious yet stable outlook for the PKR, influenced by anticipated monetary policy decisions from the US Federal Reserve and evolving global inflation trends.

Other Major Currency Spot Rates

  • Japanese Yen (JPY): 1.8674 PKR
  • Swiss Franc (CHF): 352.7803 PKR
  • Australian Dollar (AUD): 185.3795 PKR
  • Canadian Dollar (CAD): 201.5544 PKR
  • Swedish Krona (SEK): 29.9924 PKR
  • Norwegian Krone (NOK): 28.2950 PKR
  • Danish Krone (DKK): 44.0051 PKR
  • Singapore Dollar (SGD): 217.6364 PKR
  • New Zealand Dollar (NZD): 163.3881 PKR
  • Malaysian Ringgit (MYR): 66.7186 PKR
  • Hong Kong Dollar (HKD): 36.1308 PKR
  • Indian Rupee (INR): 3.1689 PKR
  • South African Rand (ZAR): 16.3436 PKR
  • Omani Riyal (OMR): 730.4006 PKR
  • Bangladeshi Taka (BDT): 2.3098 PKR
  • Brazilian Real (BRL): 52.9433 PKR
  • Argentine Peso (ARS): 0.1967 PKR
  • Chinese Yuan (CNY): 39.4995 PKR
  • Sri Lankan Rupee (LKR): 0.9299 PKR
  • Thai Baht (THB): 8.6462 PKR
  • Turkish Lira (TRY): 6.7444 PKR
  • Indonesian Rupiah (IDR): 0.0170 PKR
  • Mexican Peso (MXN): 15.3042 PKR
  • Russian Ruble (RUB): 3.4312 PKR
  • South Korean Won (KRW): 0.1991 PKR
  • Offshore Chinese Yuan (CNH): 39.3756 PKR

As in prior updates, BDT, BRL, and ARS currently lack forward rates beyond the spot market.

All rates are officially sourced from the State Bank of Pakistan (SBP).