Dollar Rate in Pakistan Today, 4 November 2026: Rs 276.70 Interbank, Rs 278.48 Open Market (Riyal, Dirham, Pound)

The dollar rate in Pakistan on Wednesday 4 November 2026 was Rs 276.70 in the interbank market, the State Bank of Pakistan's (SBP) closing revaluation rate. In the open market, exchange companies bought dollars at Rs 277.35 and sold them at Rs 278.48.

The rupee gained about 1 paisa against the dollar, its eighth small gain in a row. The open market selling rate also fell, by 19 paisa. The bigger news was the euro and the pound, which both rose more than Rs 1.30 against the rupee in one day. We read the SBP's rate sheets for 3 and 4 November, its customer rate sheet, and the open market closing rates the SBP publishes for the Exchange Companies Association of Pakistan (ECAP), on the night of 4 November.

The interbank dollar rate was Rs 276.7040 on 4 November

The SBP's mark-to-market rate for the US dollar was Rs 276.7040 on 4 November 2026, down 0.97 paisa from Rs 276.7137 on 3 November. Its weighted average interbank rate was Rs 276.3921 to buy and Rs 276.8490 to sell.

Banks use the mark-to-market rate to value their books, and it is the base for the rates they quote customers. A move of 1 paisa is about Rs 10 on $1,000. The rupee has now gained on eight working days in a row, about 12 paisa in all since 23 October, as the October dollar rate history shows.

The euro rose Rs 1.35 and the pound Rs 1.77 against the rupee in one day, while the dollar hardly moved. Because the rupee was steady against the dollar, this means the euro and the pound gained against the dollar itself. Anyone paying a university or visa fee in pounds or euros this week now pays about Rs 1,772 more for every 1,000 pounds than on Tuesday, at the SBP rate.

Open market dollar rate: Rs 277.35 buying, Rs 278.48 selling

The open market closing rate on 4 November 2026 was Rs 277.35 when exchange companies buy dollars from you and Rs 278.48 when they sell dollars to you. The buying rate fell 3 paisa from Tuesday's Rs 277.38. The selling rate fell 19 paisa from Rs 278.67.

So the gap narrowed. The selling rate now sits Rs 1.78 above the interbank rate, down from Rs 1.96 a day earlier. That gap is the price of buying cash dollars over a counter.

Exchange companies can sell you only limited amounts of cash, and they need your papers. The rules are in the open market dollar limit.

Banks quoted customers Rs 73.64 for a riyal and Rs 75.26 for a dirham

The SBP also publishes a weighted average of the rates banks quote their customers. On 4 November banks bought Saudi riyals at about Rs 73.6388 and UAE dirhams at about Rs 75.2558. That is the side that matters to a family receiving money from the Gulf.

For 1,000 riyals, that comes to about Rs 73,639 at the average bank rate. For 1,000 dirhams it is about Rs 75,256. An exchange company counter bought riyals at Rs 73.92 the same day, so 1,000 riyals in cash at a counter fetched about Rs 281 more than the bank average. Your own bank's rate will differ, so compare it, as shown in checking a riyal or dirham rate against SBP customer rates.

Buying $500 costs Rs 139,240 at the open market rate

At the open market selling rate of Rs 278.48, $500 costs Rs 139,240 on 4 November. That is Rs 95 less than on Tuesday. If you sell $500 to an exchange company at Rs 277.35, you get Rs 138,675. The difference of Rs 565 is what a round trip costs you.

The SBP's one-year forward rate for the dollar was Rs 290.0620 on 4 November. That is not a forecast. It mostly reflects the gap between Pakistani and US interest rates, as explained in SBP forward dollar rates.

No SBP rate on Monday 9 November

The SBP told banks on 3 November that it will be closed on Monday 9 November 2026 for Allama Iqbal Day, a public holiday. So there will be no SBP rate sheet that day. If you plan to change money or send a fee abroad around then, do it by Friday 6 November or wait for Tuesday 10 November. The holiday itself is covered in the 9 November holiday.

You can read the official rates on the SBP website for free every working day. Follow these steps before you hand over cash:

1. Open sbp.org.pk and find "USD/PKR Rates" on the home page for the day's dollar rate.
2. For other currencies, open Financial Markets, then Financial Market Data, and download the Mark to Market Revaluation sheet.
3. On the same page, open Weighted Average Customer Exchange Rates to see what banks quote on average.
4. Open the Open Market Closing Exchange Rates sheet for the ECAP counter rates.
5. Compare the rate you are offered with these sheets.

Use only an exchange company the SBP has licensed. How to check one, and what to do if a counter offers a rate far from the sheet, is in checking a dollar rate against the SBP and ECAP sheets. Tuesday's rate is in the 3 November dollar rate.

Common questions

What is the dollar rate in Pakistan on 4 November 2026?

The SBP interbank rate was Rs 276.7040. In the open market, dollars sold for Rs 278.48 and were bought for Rs 277.35.

Did the rupee gain or lose on 4 November?

It gained 0.97 paisa against the dollar at the SBP rate, its eighth gain in a row. It lost Rs 1.35 against the euro and Rs 1.77 against the pound.

What is the Saudi riyal rate today?

The SBP rate was Rs 73.7189 on 4 November. Open market counters bought at Rs 73.92 and sold at Rs 74.44.

What is the pound rate in Pakistan today?

The SBP rate was Rs 373.0109. Open market counters sold pounds at Rs 375.92, up Rs 1.45 from Tuesday.

Will the SBP publish a rate on 9 November 2026?

No. The SBP is closed on Monday 9 November for Allama Iqbal Day. The next rate after Friday 6 November will be on Tuesday 10 November.

How we verified this

What we checked, where we read it, and what we could not confirm.

Last checked 4 November 2026 at about 23:05 PKT. We read the SBP home page ("USD/PKR Rates As on 04-Nov-2026"), the mark-to-market sheet for 4 November 2026, the SBP weighted average customer rate sheet for 4 November, the ECAP open market sheet for 4 November 2026, and the SBP circular letter on the 9 November holiday. ECAP's figures are published by the SBP for information only. Tuesday's figures are from our 3 November page, which read the 3 November sheets. The rupee amounts and the changes are our own arithmetic. We did not check any individual bank's or exchange company's counter rate.