Dollar Rate in Pakistan Today: Rs 277 Interbank, Rs 278 in the Open Market

The dollar in Pakistan's interbank market closed at Rs 277.07 on Friday 2 October 2026, and the open market was quoting Rs 277.90 to buy and Rs 278.10 to sell on Sunday 4 October. Both figures come straight off the rate pages we checked, not a forecast.

Saturday and Sunday are non-trading days for the interbank market, so Friday's close stands until banks reopen on Monday. The open market side, run by licensed exchange companies, still posts a rate most days, and that is the number you will hear quoted at a currency counter today.

We read both figures directly rather than copying a headline. The dollar rate in Pakistan today sits in a narrow band, and the gap between the two numbers below is the normal spread between the two systems, not a sign that one of them is wrong.

The dollar rate in Pakistan today is Rs 277 to Rs 278

Rs 277.07 is the State Bank's own revaluation rate for the interbank market, dated 2 October 2026. The open market was quoting Rs 277.90 to buy and Rs 278.10 to sell dollars when we checked at 5:14pm on 4 October. Expect small differences between exchange companies.

Friday was the last day banks traded this week. That is normal. Gold and currency rates on this site carry the same gap over a weekend, because the market that sets them is shut, not because nobody updated a page.

Interbank and open market are two different systems, not one rate with a typo

The interbank rate is what banks charge each other to trade dollars, and it is the rate used for import and export invoices. The open market rate is what a currency dealer charges a walk-in customer, and it usually sits a little higher because the dealer is covering a smaller, cash based business.

1. Banks trading between themselves settle at the interbank rate.
2. Importers and exporters price invoices off the interbank rate.
3. A traveller or a dollar buyer at a counter pays the open market rate.
4. Remittance sent home from abroad is converted at a rate close to the open market figure.
5. Neither rate moves on its own; both follow dollar demand and the central bank's own operations.

If you need actual cash, the open market figure is the one that matters, and the daily limit on buying it without extra paperwork is covered in our piece on the open market dollar limit.

The rupee has held close to Rs 277 since mid September

None of today's figures are a sharp move. The rupee was reported near Rs 277 a dollar on 18 September 2026, and it sat at Rs 277.07 on the interbank market two weeks later on 2 October. A gap of a few paisa over two weeks is a quiet market, not a currency under pressure.

That steadiness has coincided with a stronger reserves position. We covered the state bank's own numbers in our report on SBP's reserves holding above 21 billion dollars, which is one reason the rate has not had to move much this cycle.

Where we actually read today's rate

We pulled the State Bank's figure straight out of the live rate panel on sbp.org.pk rather than a cached PDF link, because several of the dated PDF addresses for early October returned a page that looked like a rate sheet but was actually a not found error dressed up in the site's template. Reading the raw page source instead of a summary caught that.

The open market figure came from forex.com.pk, an aggregator of exchange company rates, timestamped at the moment we checked it. We did not find a same-day open market PDF on the State Bank's own site to confirm that figure a second way, so it is reported from the aggregator rather than claimed as an SBP figure.

What to do with this rate if you are sending money or buying dollars

Compare the rate your bank or exchange company quotes against the open market figure above before you transact. A gap of a rupee or two either way is normal; a gap of five rupees or more is worth asking about.

1. Check today's figure again before a large transaction, since it changes by the day.
2. Ask whether the quote is interbank linked or the dealer's own open market rate.
3. For cash purchases, know the daily limit that applies without extra documents.
4. For a card instead of cash, compare a virtual dollar card's own conversion markup against the counter rate.

Anyone holding dollars on a card rather than as cash can compare options in our review of virtual dollar cards, since a card's own markup can matter more than today's headline rate.

Common questions

What is the dollar rate in Pakistan today?

The interbank rate closed at Rs 277.07 on Friday 2 October 2026, and the open market was quoting Rs 277.90 to buy and Rs 278.10 to sell on 4 October.

Why are there two different dollar rates?

The interbank rate is for banks and trade invoices. The open market rate is what a currency dealer charges a walk-in customer, and it usually sits a little higher.

Does the dollar rate change on Sunday?

The interbank market does not trade on Saturday or Sunday, so its rate stays at Friday's close. Open market dealers can still post a rate most days.

Where can I check today's exact open market rate?

Exchange companies set their own counter rate each day, so ask at the counter and compare it against the aggregate figure reported here before a large purchase.

Has the rupee weakened sharply recently?

No. It has held close to Rs 277 a dollar since at least 18 September 2026, with only small movement through early October.

How we verified this

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

Last checked at about 6:15pm PKT on 4 October 2026. The interbank figures are dated 2 October 2026 on sbp.org.pk's own rate panel, read from the page's raw source rather than a dated PDF link, several of which returned a disguised not found page instead of a real file. The open market figure is reported from forex.com.pk, timestamped 4/10/2026 5:14pm, and was not independently confirmed on an SBP page the same day.