Business

Dollar Rate in Pakistan Today: Interbank Rs277.05, Open Market Rs279.55

The dollar rate in Pakistan today stands at Rs277.05 in the interbank market and Rs279.55 in the open market. Here is what those numbers mean for your money.

Dollar rate in Pakistan today, interbank and open market rates on 11 November 2026
Credit: Verified Pakistan. Editorial news photo

The dollar rate in Pakistan today is Rs277.05 in the interbank market for selling and Rs276.55 for buying. In the open market, the dollar is being bought at Rs277.30 and sold at Rs279.55. The State Bank of Pakistan put the interbank closing benchmark for the day at Rs276.95. These are the figures for Wednesday, 11 November 2026, and a fresh rate will apply on the next working day.

The rupee moved only slightly from the day before. On Tuesday, 10 November, the rupee gained one paisa against the dollar in interbank trading. It closed at Rs276.65, compared with Rs276.66 the previous day. That small gain shows how steady the rate has been in recent days. Even so, the rate can move during the day.

What the dollar rate in Pakistan means

The dollar rate in Pakistan is simply the price of one US dollar in rupees. When the rate is Rs277.05, it means one dollar costs Rs277.05. When the rate falls, the dollar becomes cheaper in rupees. When it rises, the dollar becomes more expensive. Millions watch this number every day, because it affects the price of imported goods and fuel.

Two different rates are quoted every day, and this confuses many readers. The interbank rate is the rate at which banks trade dollars with each other. It is the official benchmark rate, and the State Bank of Pakistan publishes it. The open market rate is the rate at which licensed money changers buy and sell dollars to the public. It is usually Rs1 to Rs3 higher than the interbank rate.

The gap between the two rates is normal. Banks deal in large amounts. A money changer deals with walk-in customers and keeps cash ready in the shop. That service costs money, so the selling rate is higher. The buying rate is also different. In the open market on 11 November, the dollar was bought at Rs277.30 and sold at Rs279.55, a gap of Rs2.25 between buying and selling.

Where to check the dollar rate in Pakistan

The safest place to check the rate is the State Bank of Pakistan, which publishes the official interbank rate. Your own bank can also tell you the rate at which it will buy or sell dollars. Licensed money changers display their buying and selling rates in their shops and on their websites. Always check the rate on the day you plan to buy or sell.

Be careful about the source of the rate. Some websites and social media posts show old rates or rates from another country. A rate without a date is of no use. Only trust the State Bank, your bank, or a licensed money changer. If a dealer offers a rate far below the market rate, treat it as a warning sign. Unlicensed dealers can disappear with your money.

How the rate affects remittances

For families receiving money from abroad, the dollar rate in Pakistan decides how many rupees arrive for each dollar sent. If a relative sends 100 dollars when the selling rate is Rs277.05, the family receives about Rs27,705 before any bank charges. If the rate is higher, the family receives more rupees for the same dollars. Many families watch the rate before asking for money to be sent. Even a difference of one rupee per dollar matters when the amount is large.

Importers and exporters feel the rate in a different way. An importer who buys goods from abroad must pay in dollars, so a higher rate means higher costs in rupees. Those costs often reach the shop shelf, and prices rise. An exporter who sells goods abroad receives dollars, so a higher rate means more rupees for the same sale. For both groups, the dollar rate in Pakistan is a daily business cost.

Students paying fees abroad and travellers buying dollars face the same question. A student whose university fee is 5,000 dollars must arrange about Rs1,385,250 at the selling rate of Rs277.05, plus bank charges. A traveller buying 500 dollars for a trip needs about Rs139,775 at the open market selling rate of Rs279.55. For both, the dollar rate in Pakistan on the day of payment is the number that matters. Both should buy from a bank or a licensed money changer and keep the receipt.

Rates move for many reasons, and no one can say with certainty where the rate will go tomorrow. Trade flows and remittances both play a part. What a reader can do about the dollar rate in Pakistan is simple. Check the rate on the day of the transaction, compare the buying and selling rates, and use a licensed dealer. The figures in this article are for 11 November 2026 only, and a fresh rate applies on the next working day.

What is the dollar rate in Pakistan today?

The dollar rate in Pakistan today, 11 November 2026, is Rs277.05 for selling and Rs276.55 for buying in the interbank market. In the open market, the dollar is bought at Rs277.30 and sold at Rs279.55. The State Bank closing benchmark is Rs276.95.

What is the difference between the interbank rate and the open market rate?

The dollar rate in Pakistan is quoted in both markets every working day. The interbank rate is the rate at which banks trade dollars with each other, and the State Bank publishes it as the official benchmark. The open market rate is the rate at which licensed money changers buy and sell dollars to the public. It is usually Rs1 to Rs3 higher.

Where can I check the dollar rate in Pakistan?

Check the State Bank of Pakistan for the official interbank rate, ask your own bank for its buying and selling rates, or visit a licensed money changer. Always check the rate on the day of your transaction.

How much will I get for 100 dollars?

At the dollar rate in Pakistan on 11 November, 100 dollars is about Rs27,705 at the interbank selling rate of Rs277.05, before bank charges. At the open market selling rate of Rs279.55, 100 dollars costs about Rs27,955 to buy. The exact amount depends on the rate at the time and your bank's charges.

Does the dollar rate in Pakistan change every day?

Yes. The rate is set fresh on each working day, and it can move during the day as well. The figures in this article are for 11 November 2026 only, so confirm the latest rate at your bank or a licensed money changer before you buy or sell.

What happens next for business

We will keep this page updated as the story develops rather than publishing a near-duplicate at a new address. Follow Business for related coverage.

dollar rate in pakistanus dollarinterbank rateopen market rateRupee & marketsstate bank of pakistan

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