pakistan
Iranian rial still a hot cake in open market; check rate today
Key takeaways
- Currency dealers across Karachi, Quetta, and Lahore report that the standard bundle of 1 crore Iranian rials (10 million IRR) is trading between PKR 8,000 and PKR 10,000.
- This level continues to stand three to four times above the earlier baseline near PKR 2,500, despite the rial’s ongoing weakness against US Dollar and other global currencies.
- Open Market (Informal Cash Market in Pakistan – Premium Bundle Rate) (Approx. based on PKR 8,000–10,000 for 1 crore / 10 million IRR)
Why this matters: local context for readers following news across Pakistan and the region.
Add ARY News on Google AAResize KARACHI/LAHORE: The Iranian rial (IRR) is still selling like hot cake in Pakistan’s informal currency market as of Monday, June 8, 2026, as people still hope the IRR to PKR rate will go up after the war.
Currency dealers across Karachi, Quetta, and Lahore report that the standard bundle of 1 crore Iranian rials (10 million IRR) is trading between PKR 8,000 and PKR 10,000.
This level continues to stand three to four times above the earlier baseline near PKR 2,500, despite the rial’s ongoing weakness against US Dollar and other global currencies.
Article preview — originally published by ARY News. Full story at the source.
Read full story on ARY News →
More top stories
Aggregated and edited by the Scoop newsroom. We surface news from ARY News alongside other reporting so you can compare coverage in one place.
Editorial policy · Corrections · About Scoop