Dollar and Other Currency Rates in Pakistan Today – May 8, 2026
Key takeaways
- The rates come amid a period of cautious monetary tightening, with the SBP having recently raised its benchmark policy rate to 11.50% to anchor inflation expectations.
- The US dollar remains the most closely watched currency in Pakistan, and today’s SBP rate stands at 278.7033 PKR for ready transactions.
- The dollar has shown relative stability over recent sessions, trading in a narrow band around the 278–280 range.
Why this matters: local context for readers following news across Pakistan and the region.
Add ARY News on Google AAResize KARACHI: The State Bank of Pakistan (SBP) has released its official mark-to-market currency rates for Friday, May 8, 2026, providing authorized dealers and the general public with the latest foreign currency valuations against the Pakistani rupee.
The rates come amid a period of cautious monetary tightening, with the SBP having recently raised its benchmark policy rate to 11.50% to anchor inflation expectations.
The US dollar remains the most closely watched currency in Pakistan, and today’s SBP rate stands at 278.7033 PKR for ready transactions. The weighted average interbank rate as of May 7 was recorded at 278.7109, with bid and offer rates of 278.4354 and 278.8605 respectively.