The US dollar rate today in Pakistan closed at Rs276.65 in the interbank market on Tuesday, based on the day-end mark-to-market revaluation rate published by the State Bank of Pakistan (SBP). The rupee barely moved against the dollar over the day. For anyone checking the price, the short answer is that the rate held close to the previous day's level.
The rupee edged up from the previous day's close of Rs276.66. The published figures put the gain at 0.87 paisa, but the two closing levels differ by only about one paisa, so the movement is best described as roughly flat. The dollar rate is a weighted average of closing interbank quotations through brokerages, and banks use the SBP's figures to revalue their foreign exchange books.
Other currencies on the SBP sheet
The SBP's daily sheet also listed rates for other currencies against the rupee. The British pound was at around Rs372.15, the Saudi riyal near Rs73.70 and the UAE dirham near Rs75.33. The euro settled at around Rs310.96, the Canadian dollar near Rs196 and the Australian dollar near Rs191.50.
Several Middle Eastern currencies, including the Kuwaiti dinar, Bahraini dinar, Omani rial and Qatari riyal, moved in line with their dollar pegs, which means they are fixed against the dollar. The Indian rupee was worth around Rs2.96 on current cross rates when the dollar was used as the reference.
Mark-to-market (M2M) rates are the values the SBP gives to authorised dealers, the banks licensed to deal in foreign currency, so they can value their holdings at the end of the day.
Why the daily rate matters
Money sent home by workers in the Gulf, especially from Saudi Arabia and the UAE, is one of the country's largest sources of foreign exchange and household income. Those transfers are paid in riyals and dirhams, so even a small change in either currency changes how many rupees a family receives. The daily rate also shapes household budgets that pay for studies or medical treatment abroad.
Imports of oil, industrial raw materials and other critical goods are sensitive to the dollar and the euro. When the rate rises, the bank guarantees used to pay for imports become more expensive, and domestic prices can follow. Export prices for overseas buyers and business trade with India also depend on the rate, which changes minute by minute during the trading day.
Recent background
Earlier this year, hostilities linked to Iran pushed oil prices higher and narrowed the inflation outlook for oil-importing countries. Oil prices have since eased as fears of supply disruption faded, which reduces pressure on the import bill. The rupee has shown small cumulative gains against the dollar during much of 2026.
On Tuesday's figures, the rupee stayed steady against major currencies and regional ones within a narrow trading range. The SBP publishes its rates daily, so the next reading will show whether the US dollar rate today in Pakistan stays in this range.
Aasan alfaaz mein
Mangal ke roz interbank market mein US dollar Rs276.65 par band hua, aur rupay mein tabdeeli bohat kam rahi. Yeh rate State Bank ke daily data par mabni hai, jo banks ke liye ahem hota hai. Agar aap Gulf se paisay bhejte hain ya bahar parhnay wale bachon ki fees bhejte hain, to dollar ka chota sa farq bhi rupay ki raqam badal sakta hai. Taaza rate ke liye roz ki SBP sheet dekhein.
