Dollar to PKR Open Market Rate Today – Latest USD to PKR Update (January 28, 2026)
The Dollar to PKR open market rate today is one of the most searched financial topics in Pakistan, especially for importers, freelancers, overseas Pakistanis, and people dealing in foreign currency. On January 28, 2026, the US Dollar showed minor fluctuations in the open market while the Pakistani Rupee remained relatively stable compared to recent weeks.
In this article, you will get today’s USD to PKR open market rate, interbank comparison, other major currency rates, and clear insights into why the dollar rate moves daily and what to expect next.
Dollar to PKR Open Market Rate Today
As per currency dealers in Pakistan, the US Dollar open market rate today is trading within a narrow band, indicating controlled demand and supply.
| Currency | Symbol | Buying Rate (PKR) | Selling Rate (PKR) |
| US Dollar | USD | 280.6 | 282.5 |
| Euro | EUR | 332.35 | 336.41 |
| UK Pound | GBP | 382.79 | 386.84 |
| UAE Dirham | AED | 76.50 | 77.25 |
| Saudi Riyal | SAR | 74.80 | 75.25 |
These rates are based on open market currency exchange companies and may slightly vary from city to city.
USD to PKR Interbank Rate Today
The interbank dollar rate shows a slightly stronger Rupee compared to the open market.
WhatsApp Channel- Yesterday’s interbank close: Rs 279.82
- Today’s interbank bid/offer: Rs 279.58 / 280.00
This indicates a mild appreciation of PKR, mainly due to controlled imports, stable remittances, and strict monitoring of dollar outflows.
For official confirmation, interbank rates are published by State Bank of Pakistan.
Why Is the Dollar Rate Stable Today?
Several factors are keeping the USD to PKR rate stable in the open market:
- Improved monitoring of currency speculation
- Consistent foreign remittances from overseas Pakistanis
- Limited import payments compared to previous quarters
- Market confidence after recent economic policy signals
Because of these factors, the dollar is moving within a narrow range around 280 PKR, instead of sharp jumps.
Open Market vs Interbank Rate – What’s the Difference?
Many people get confused between open market and interbank rates.
- Open Market Rate:
Used by exchange companies and money changers for cash buying and selling. - Interbank Rate:
Used by banks for international settlements and large transactions.
The open market rate is usually higher than the interbank rate due to cash demand and operational margins.
Dollar Rate Impact on Daily Life in Pakistan
Even small changes in the USD to PKR rate affect:
- Petrol and fuel prices
- Imported goods and electronics
- Online services and subscriptions
- International education and travel costs
That’s why daily monitoring of the dollar rate is important, especially for businesses and freelancers receiving payments in USD.
International Transfer Rates – Important Note
If you are sending or receiving money internationally, platforms like Wise and Revolut may offer slightly different exchange rates than Pakistan’s open market due to service fees and real-time conversion systems.
Dollar to PKR Forecast – What to Expect Next?
Based on current market signals:
- Short-term outlook remains stable
- No major spike expected unless global oil prices or IMF-related news changes
- PKR may continue trading between 279 to 283 in the coming days
However, sudden political or global economic developments can always impact currency movement.
Final Thoughts
The Dollar to PKR open market rate today (January 28, 2026) shows a calm and controlled market, with the US Dollar buying at Rs 280.6 and selling at Rs 282.5. While minor fluctuations continue, there is no immediate pressure on the Rupee.
If you regularly deal in foreign currency, it is wise to check rates daily and rely on verified sources before making any transaction.
