Dollar, Other Currency Rates in Pakistan Today – August 10, 2026

KARACHI, Aug. 10 (Alliance News): The State Bank of Pakistan (SBP) on Monday released the latest Mark-to-Market (MTM) Currency Rates, showing the Pakistani rupee remained largely stable against major international currencies, with only marginal movements recorded in the foreign exchange market.

The US dollar closed at Rs277.7019 in the ready market compared with Rs277.7228 on August 4, indicating a slight appreciation of nearly two paisas for the rupee.

The Saudi Riyal was quoted at Rs73.9611, while the UAE Dirham settled at Rs75.6063, reflecting minimal changes amid range-bound trading in global currency markets.

The British Pound Sterling (GBP) strengthened to Rs374.9670, up from Rs373.6900, marking its highest level in nearly three weeks.

The Canadian Dollar (CAD) continued its upward trend, reaching Rs199.2766 compared with Rs198.2248 previously, supported by stronger commodity prices and Canada’s improving trade outlook.

Meanwhile, the Japanese Yen was quoted at Rs1.7524, while the Bahraini Dinar and Omani Rial stood at Rs736.5121 and Rs721.2755, respectively.

Forward market indicates gradual rupee depreciation

According to SBP forward rates, market participants continue to expect a gradual depreciation of the Pakistani rupee over the coming months.

The one-month forward dollar stood at Rs279.2826, indicating an expected depreciation of around 58 paisas from the current spot rate.

Similarly, the three-month and six-month forward rates were quoted at Rs282.0169 and Rs284.6599, respectively.

The one-year forward rate was recorded at Rs292.1251, suggesting an anticipated depreciation of approximately 5.2% over the next year.

Currency analysts said the forward curve reflects expectations of a slow and orderly adjustment in the exchange rate rather than any sharp depreciation.

Impact on importers and overseas Pakistanis

Financial experts noted that the appreciation of currencies such as the British Pound and Canadian Dollar could increase the cost of imports from those countries, including machinery, educational expenses and consumer goods.

However, the relatively stable exchange rates of Gulf currencies are expected to provide consistency for millions of overseas Pakistanis sending remittances from Saudi Arabia and the United Arab Emirates.

Analysts said exchange rate stability over recent weeks has helped maintain confidence in the foreign exchange market, although they cautioned that global economic developments, oil prices and external financing conditions would continue to influence the rupee’s future direction.

State Bank of Pakistan MTM Currency Rates (August 10, 2026)