FLASHNEWS:

State Bank of Pakistan Releases Customer Exchange Rates for January 16, 2026

Karachi: The State Bank of Pakistan has released the weighted average customer exchange rates for several major currencies against the Pakistani Rupee, effective January 16, 2026. These rates, which provide an estimate of the exchange rates quoted by commercial banks to their clients, are compiled for informational purposes.

According to State Bank of Pakistan, the exchange rate for the US Dollar stands at 279.6862 for buying and 280.1113 for selling. The Euro is quoted at 324.7551 for buying and 325.2549 for selling, while the British Pound is listed at 374.4307 for buying and 375.0109 for selling. The data includes rates for other currencies such as the UAE Dirham, Australian Dollar, Canadian Dollar, Swiss Franc, Chinese Yuan, Japanese Yen, and Saudi Riyal.

These figures are based on exchange rate sheets provided by various commercial banks, highlighting the current market conditions for currency transactions. The State Bank of Pakistan compiles and disseminates this data to offer insights into daily exchange rate trends.