Dollar Prices in Pakistan Today – 1 January 2026
The US dollar remained mostly stable against the Pakistani rupee on Wednesday, 1 January 2026, continuing the calm trend seen in recent weeks. According to the State Bank of Pakistan, the interbank rate stood at Rs281.10, while the open market rate hovered around Rs281.55.
Despite earlier pressure on the rupee, limited fluctuations have been observed, supported by steady foreign currency inflows, particularly through overseas remittances. Analysts say this consistent supply has helped maintain market stability.
The central bank reported that foreign exchange reserves slightly declined to $14.15 billion following external debt repayments, while commercial bank reserves fell to $5.20 billion. Experts note that these minor reductions had minimal impact on the exchange rate.
Weekly remittances of around $700 to $800 million continue to keep the gap between interbank and open market rates narrow. If this trend continues, the USD to PKR rate is expected to remain stable, providing relief to businesses and consumers as the country enters the new year.
