The State Bank of Pakistan (SBP) has released its latest Mark-to-Market (M2M) currency rates for August 27, 2025. These figures, compiled from brokerage houses and Reuters Eikon, provide businesses, investors, and the public with an updated view of foreign exchange trends.
The Dollar to Pakistani Rupee rate today stands at PKR 281.82 in interbank trading. This marks a slight dip of 0.03 rupees compared with August 26. In the open market, however, the US dollar is being traded at around PKR 284, showing a gap between official and market levels.
Other key currencies also showed mixed performance. The Saudi Riyal and UAE Dirham remained unchanged at PKR 75.11 and PKR 76.73, respectively. Their stability may keep remittance and travel costs steady for overseas Pakistanis. The Kuwaiti Dinar stood at PKR 922.04, with forward rates pointing toward gradual increases over the coming year.
The Canadian Dollar gained slightly, moving to PKR 203.49 from PKR 203.37. This rise could impact trade settlements and remittances from Canada. The Qatari Riyal also stayed firm at PKR 77.32, while the Singapore Dollar remained unchanged at PKR 218.64.
Among European currencies, the Euro slipped to PKR 326.92 from PKR 327.52, while the British Pound eased to PKR 379.00. The Swiss Franc also recorded a minor decline. On the other hand, the Australian Dollar saw a small rise to PKR 182.52.
Analysts note that while some currencies recorded slight declines, forward rates for six months to a year remain higher. This indicates expectations of possible rupee weakening in the medium term. For individuals, these changes affect remittances, travel budgets, and education expenses abroad. For businesses, they influence trade pricing, financial reporting, and investment planning.
The SBP’s M2M rates are updated daily and are essential for authorized dealers to revalue their books. Today’s trends highlight both the short-term relief from the dollar’s decline and the longer-term challenges facing the rupee.
For yesterday’s detailed updates, check our full report on Dollar rate in Pakistan – August 26, 2025.
