Dollar and other Currency Rates in Pakistan Today – April 17, 2026

BusinessPakistanDollar and other Currency Rates in Pakistan Today - April 17, 2026By Web Desk-Apr 17, 2026KARACHI – April 17, 2026 – The State Bank of Pakistan (SBP) on Friday issued the official currency rates for the day, showing mixed movements across major global currencies. While the US Dollar (USD) remained largely stable against the Pakistani Rupee (PKR), high-value Middle Eastern currencies, including the Kuwaiti Dinar and Bahraini Dinar, continued to dominate as the most expensive in the interbank market. Traders noted a cautious sentiment in the open market, with the central bank’s figures providing a benchmark for banks, exchange companies, and corporate treasuries. US Dollar (USD) Stays Range-Bound The US Dollar, the most actively traded foreign currency in Pakistan’s banking system, was quoted at Rs. 278.50 for buying and Rs. 280.00 for selling on April 17, 2026. The SBP’s data indicates a narrow spread, reflecting stable demand for the greenback amid ongoing discussions with the International Monetary Fund (IMF) under the current bailout program. Analysts expect the USD/PKR parity to remain range-bound in the coming sessions, barring any geopolitical shocks. UK Pound (GBP) Sees Moderate Gains The British Pound Sterling (GBP) appreciated against the Rupee, trading at Rs. 366.50 for buying and Rs. 369.00 for selling. The uptick in the Pound comes despite mixed economic data from the UK. Importers settling letters of credit (LCs) for machinery and raw materials from Britain faced a slightly higher cost compared to the previous week. The GBP remains a key barometer for remittances from the UK-based Pakistani diaspora. Euro (EUR) Edges Higher on ECB Signals The Euro was quoted at Rs. 320.75 for buying and Rs. 323.25 for selling. The single currency strengthened marginally against the Rupee, mirroring the Euro’s global performance following hawkish comments from European Central Bank (ECB) officials. Travelers heading to European Union countries and students...