The latest Currency Exchange Rates in Pakistan showed minor changes on May 16, 2026. Major international currencies remained mostly stable in the local market. The US Dollar, Euro, and British Pound continued to hold strong positions against the Pakistani Rupee.
According to updated market figures, the US Dollar was traded at Rs278.95 for buying and Rs279.85 for selling. The Euro stood at Rs326.6 for buying and Rs330.7 for selling. Meanwhile, the UK Pound Sterling was available at Rs376.85 for buying and Rs380.44 for selling.
The Currency Exchange Rates for Gulf currencies also remained steady. The UAE Dirham was traded at Rs75.85 for buying and Rs76.75 for selling. Saudi Riyal rates were recorded at Rs74.35 and Rs75.05 respectively.
Other regional currencies showed limited movement during trading hours. The Qatari Riyal remained around Rs74.75 for buying, while the Omani Riyal crossed Rs721 in buying value. The Bahraini Dinar and Kuwaiti Dinar also stayed among the highest-valued foreign currencies in Pakistan.
Financial experts said stable Currency Exchange Rates help businesses manage import and export activities more effectively. Traders closely monitor these rates due to their impact on international payments and inflation.
Among other global currencies, the Australian Dollar was traded above Rs199 for buying. The Canadian Dollar crossed Rs202 in the market. The Singapore Dollar and Swiss Franc also maintained strong positions against the rupee.
Asian currencies showed moderate values in the exchange market. The Chinese Yuan was traded near Rs40, while the Japanese Yen stayed below Rs2. The Indian Rupee remained between Rs2.5 and Rs2.7.
Currency dealers stated that market demand and international economic conditions continue to influence exchange values. Oil prices, trade activity, and foreign reserves also affect daily fluctuations in rates.
The second set of market figures showed slight differences in some currencies. However, overall Currency Exchange Rates remained relatively stable throughout the day.
Analysts believe exchange market stability is important for economic confidence. Businesses, overseas Pakistanis, and travelers regularly follow foreign currency trends to plan transactions and investments.
The currency market is expected to remain sensitive to global financial developments in the coming weeks.
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