{"id":53333,"date":"2026-02-16T13:26:48","date_gmt":"2026-02-16T13:26:48","guid":{"rendered":"https:\/\/newsvog.com\/ur\/53333"},"modified":"2026-02-16T13:26:50","modified_gmt":"2026-02-16T13:26:50","slug":"dollar-and-other-currency-rates-in-pakistan-today-16-feb-2026","status":"publish","type":"post","link":"https:\/\/newsvog.com\/ur\/53333","title":{"rendered":"Dollar and Other Currency Rates in Pakistan Today- 16 Feb. 2026"},"content":{"rendered":"


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Karachi, 16 February 2026<\/strong> \u2013 The Pakistani rupee firmed in Monday\u2019s session, with the State Bank of Pakistan (SBP) fixing the USD\/PKR mark-to-market currency rate at Rs 279.6133<\/strong>, 1 paisa below last close<\/strong> and the leanest print of 2026 so far.<\/p>\n

Priority Currencies \u2013 Quick Take<\/h2>\n
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  1. \n

    US Dollar (USD) \u2013 279.61 (spot)<\/strong>
    The marginal retreat keeps the greenback anchored to the 279.61 level, comfortably within the 279\u2013282 range that has governed trade since October. One-week forwards are quoted at 279.64, implying a negligible 0.01 % carrying cost. Exporters continue to offload positions above 280.00, while petroleum importers accumulate on dips below 279.60.
    \u201cMarket liquidity remains robust; the currency rate is meandering on technical adjustments rather than any fundamental shift,\u201d<\/em> noted a senior treasury official.<\/p>\n<\/li>\n

  2. \n

    British Pound (GBP) \u2013 381.77 (spot)<\/strong> \u2b50
    Sterling advances to 381.77 from Friday\u2019s 380.78; one-year forward is 395.90, translating into 3.7 % annualised rupee depreciation. Garment exporters to Birmingham are hedging six-month receivables near 383, maintaining healthy forward premiums.<\/p>\n<\/li>\n

  3. \n

    Saudi Riyal (SAR) \u2013 74.56<\/strong>
    SAR edges marginally lower to 74.5596; 12-month forward is 76.90, an annualised 3.1 %\u2014still the narrowest spread among principal remittance channels. Exchange houses report consistent foot traffic from pilgrims securing rates ahead of the February Umrah season.<\/p>\n<\/li>\n

  4. \n

    UAE Dirham (AED) \u2013 76.13<\/strong>
    AED firms slightly to 76.1277; six-month forward is 77.38, implying 3.2 % annualised rupee softness. Gulf salary remittances continue flowing through official banking corridors, keeping the cross-rate stable.<\/p>\n<\/li>\n

  5. \n

    Qatari Riyal (QAR) \u2013 76.75<\/strong>
    QAR mirrors regional peers at 76.7508; 12-month forward is 79.53, a 4.2 % annualised differential\u2014virtually matching SAR and AED, underscoring uniform Gulf-peg stability.<\/p>\n<\/li>\n

  6. \n

    Kuwaiti Dinar (KWD) \u2013 916.31<\/strong>
    KWD softens to 916.3144 on the subdued USD cross. Twelve-month forwards at 958.50 equate to 4.6 % annualised PKR weakness\u2014marginally wider than GCC counterparts due to thinner dinar market depth.<\/p>\n<\/li>\n

  7. \n

    Australian Dollar (AUD) \u2013 198.34<\/strong>
    The \u201cAussie\u201d rebounds to 198.34 as iron-ore steadies above $104\/t. One-year forward is 204.22, implying 3.0 % annualised rupee depreciation\u2014tracking closely with the SAR curve, affirming commodity-linked volatility.<\/p>\n<\/li>\n

  8. \n

    Canadian Dollar (CAD) \u2013 205.51<\/strong>
    The \u201cLoonie\u201d firms to 205.51 as WTI crude hovers near $76\/bbl. Twelve-month forwards at 215.95 still pencil out to 5.1 % annualised rupee softness, though prairie pulse importers are said to have pre-booked March cargoes, limiting further CAD upside.<\/p>\n<\/li>\n<\/ol>\n

    Other Major Currencies<\/h2>\n

    Euro opens at 331.85, up 0.1 % on the week following softer Eurozone inflation data; one-year forward is 349.40, translating into 5.3 % annualised rupee weakness. Japanese yen remains the most affordable major at 1.82 per unit, but forwards price 6.1 % annualised PKR decline\u2014the steepest among G-10 pairs. Swiss franc is 364.01; Singapore dollar 221.69; Swedish krona 31.36; Norwegian krone 29.48; Danish krone 44.42; New Zealand dollar 169.46; Chinese yuan 40.48; Turkish lira 6.40; Russian ruble 3.65; Indian rupee 3.08; Bangladeshi taka 2.29\u2014all within familiar ranges and suggesting no event-risk premium ahead of the IMF\u2019s first-quarter 2026 assessment.<\/p>\n

    Market Context & Outlook<\/h2>\n

    The uniformly compressed forward premiums\u2014scarcely 4\u20135 % annualised even for the least-liquid crosses\u2014signal to currency desks that both importers and exporters are confident the State Bank retains sufficient firepower to safeguard the rupee through the winter remittance window. Reserves have climbed to $21.26 billion, while the real effective exchange rate (REER) eased to 98.2 in November, a threshold the IMF deems \u201ccompetitive yet not undervalued.\u201d Barring an oil spike above $90 or political turbulence derailing the Fund programme, dealers anticipate the USD currency rate will stay tethered to the 278\u2013282 zone for Q1 2026, pulling the broader currency matrix along in its wake.<\/p>\n<\/div>\n


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    Karachi, 16 February 2026 \u2013 The Pakistani rupee firmed in Monday\u2019s session, with the State Bank of Pakistan (SBP) fixing the USD\/PKR mark-to-market currency rate at Rs 279.6133, 1 paisa below last close and the leanest print of 2026 so far. Priority Currencies \u2013 Quick Take US Dollar (USD) \u2013 279.61 (spot)The marginal retreat keeps the greenback anchored to the…<\/p>\n","protected":false},"author":1,"featured_media":53334,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_kad_blocks_custom_css":"","_kad_blocks_head_custom_js":"","_kad_blocks_body_custom_js":"","_kad_blocks_footer_custom_js":"","_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"_kad_post_classname":"","footnotes":""},"categories":[16],"tags":[],"class_list":["post-53333","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pakistan"],"taxonomy_info":{"category":[{"value":16,"label":"Pakistan"}]},"featured_image_src_large":["https:\/\/newsvog.com\/ur\/wp-content\/uploads\/1771248410_unnamed-file.jpg",750,369,false],"author_info":{"display_name":"frkhokhar@gmail.com","author_link":"https:\/\/newsvog.com\/ur\/author\/frkhokhargmail-com"},"comment_info":0,"category_info":[{"term_id":16,"name":"Pakistan","slug":"pakistan","term_group":0,"term_taxonomy_id":16,"taxonomy":"category","description":"All about Pakistan","parent":0,"count":2563,"filter":"raw","cat_ID":16,"category_count":2563,"category_description":"All about Pakistan","cat_name":"Pakistan","category_nicename":"pakistan","category_parent":0}],"tag_info":false,"_links":{"self":[{"href":"https:\/\/newsvog.com\/ur\/wp-json\/wp\/v2\/posts\/53333","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsvog.com\/ur\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsvog.com\/ur\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsvog.com\/ur\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsvog.com\/ur\/wp-json\/wp\/v2\/comments?post=53333"}],"version-history":[{"count":0,"href":"https:\/\/newsvog.com\/ur\/wp-json\/wp\/v2\/posts\/53333\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsvog.com\/ur\/wp-json\/wp\/v2\/media\/53334"}],"wp:attachment":[{"href":"https:\/\/newsvog.com\/ur\/wp-json\/wp\/v2\/media?parent=53333"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsvog.com\/ur\/wp-json\/wp\/v2\/categories?post=53333"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsvog.com\/ur\/wp-json\/wp\/v2\/tags?post=53333"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}