January 20, 2026 (Tuesday) – Pakistan Forex Market Update

The Pakistani Rupee (PKR) showed relative stability in today’s interbank foreign exchange market, while major currencies including the US Dollar (USD), British Pound (GBP), UAE Dirham (AED), and Saudi Riyal (SAR) recorded mixed movements against the local currency.

The USD to PKR exchange rate traded in a narrow range, with the dollar quoted around PKR 279.85–279.95, reflecting marginal gains and stable demand in the interbank market. Market participants noted balanced dollar inflows and controlled import payments, helping keep volatility limited.

The British Pound (GBP) weakened slightly against the Pakistani Rupee. GBP traded near 1.3474–1.3476, showing mild pressure amid global currency fluctuations and cautious investor sentiment.

Meanwhile, Middle Eastern currencies remained largely steady. The UAE Dirham (AED) held firm at approximately PKR 3.6715–3.6735, while the Saudi Riyal (SAR) continued to trade steadily around PKR 3.7499–3.7501, reflecting their peg to the US Dollar.

Currency dealers expect the PKR to remain range-bound in the short term, with movements driven by external factors such as global interest rate expectations, remittance inflows, and import financing requirements.