Karachi: The Exchange Companies Association of Pakistan (ECAP) reported the closing exchange rates for the open market as of October 16, 2026, showing that the Pakistani Rupee experienced minor fluctuations against major global currencies, while overall stability was observed. The U.S. Dollar closed with a buying rate of 277.47 and a selling rate of 278.64.

According to the State Bank of Pakistan, the Euro was reported with a buying rate of 311.34 and a selling rate of 314.17. The British Pound's buying rate stood at 368.92, with a selling rate of 372.13. The Japanese Yen was noted at 1.74 for buying and 1.80 for selling. Exchange rates for the United Arab Emirates Dirham and Saudi Riyal were also confirmed, with buying rates of 75.57 and 73.87, and selling rates of 76.16 and 74.40, respectively.

These figures reflect the ongoing economic conditions and foreign exchange market dynamics in Pakistan. The exchange rates are watched closely by businesses and individuals engaged in international trade and finance, as they can significantly impact economic planning and financial transactions.