Dollar and Other Currency Rates in Pakistan Today – June 3, 2026
Key takeaways
- Add ARY News on Google AAResize KARACHI: The National Bank of Pakistan has issued its foreign exchange rate sheet for Wednesday, June 3, 2026.
- The US dollar, Pakistan’s most watched foreign currency, is quoted at 278.85 PKR for selling and 278.35 PKR for buying in NBP’s ready transaction rates.
- The Saudi riyal, vital for remittances from the Kingdom where over two million Pakistanis work, is priced at 74.32 PKR selling and 74.19 PKR buying.
Why this matters: local context for readers following news across Pakistan and the region.
Add ARY News on Google AAResize KARACHI: The National Bank of Pakistan has issued its foreign exchange rate sheet for Wednesday, June 3, 2026. These foreign currency rates serve as market-indicative benchmarks for the bank’s nationwide network of FX-designated branches and corporate clients.
The US dollar, Pakistan’s most watched foreign currency, is quoted at 278.85 PKR for selling and 278.35 PKR for buying in NBP’s ready transaction rates. The spread of 50 paisas reflects the bank’s standard retail margin. For larger transactions, the indicative forward rates show the dollar at 277.01 for sight/15 days, gradually declining to 261.60 for six-month delivery — an unusual backwardation that may reflect NBP’s specific liquidity positioning or forward curve dynamics. The frozen FCY deposit conversion rate is set at 278.4267, while cash notes are trading at 280.24 selling and 277.24 buying.
The Saudi riyal, vital for remittances from the Kingdom where over two million Pakistanis work, is priced at 74.32 PKR selling and 74.19 PKR buying. The narrow 13-paisa spread indicates strong liquidity in this corridor. For cash transactions, NBP quotes 74.69 selling and 73.77 buying, reflecting the higher operational costs of handling physical currency. The riyal’s dollar peg ensures stability that benefits both remittance senders and recipients.