The US dollar rate in Pakistan today, November 2, 2026, remained relatively stable as the Pakistani rupee recorded a small gain against the US dollar in the interbank market.
According to market reports, the Pakistani rupee closed at Rs276.72 against the US dollar, compared with the previous closing rate of Rs276.75. This represents an appreciation of approximately 3 paisa.
In the open market, currency exchange companies quoted the US dollar at Rs277.55 for buying and Rs280.05 for selling.
The latest exchange rates are important for people sending or receiving international payments, overseas Pakistanis, importers, exporters and businesses dealing in foreign currencies.
Dollar Rate in Pakistan Today – November 2, 2026
The following table shows the reported US dollar exchange rates in Pakistan on Monday, November 2, 2026.
| Exchange Market | Buying Rate | Selling Rate |
|---|---|---|
| Interbank Market | Rs276.72* | Rs276.72* |
| Open Market | Rs277.55 | Rs280.05 |
Rs276.72 is the reported interbank closing rate, not a separate buying and selling quotation.
Latest market update:
- Interbank closing rate: Rs276.72
- Previous interbank closing rate: Rs276.75
- Open-market buying rate: Rs277.55
- Open-market selling rate: Rs280.05
- Rupee movement: Approximately 3 paisa appreciation
These figures are reported market rates. Actual exchange prices may vary between banks and authorised exchange companies.
Pakistani Rupee Gains Around 3 Paisa Against US Dollar
The Pakistani rupee recorded a modest improvement against the US dollar during Monday’s interbank trading session.
The dollar closed at Rs276.72, compared with Rs276.75 in the previous session. The difference represents a gain of approximately 3 paisa for the Pakistani rupee.
Although the movement was relatively small, it reflected a positive change in the local currency’s value against the US dollar.
In the open market, exchange companies quoted the dollar at Rs277.55 for buying and Rs280.05 for selling, according to the reported rates.
The difference between interbank and open-market quotations is important because customers do not necessarily receive the same exchange rate available in the banking market.
Interbank vs Open Market Dollar Rate in Pakistan
There are two commonly reported exchange rates in Pakistan: the interbank rate and the open-market rate.
Understanding the difference can help people make better decisions when exchanging foreign currency.
What Is the Interbank Dollar Rate?
The interbank exchange rate refers to transactions between banks and other eligible financial institutions.
It is influenced by foreign currency demand and supply, banking transactions and broader financial market conditions.
The interbank closing rate on November 2, 2026, was Rs276.72 per US dollar.
What Is the Open Market Dollar Rate?
The open-market exchange rate is quoted by authorised currency exchange companies for customer transactions.
It generally includes a difference between buying and selling prices.
On November 2, 2026, the reported open-market rates were:
- Buying: Rs277.55 per US dollar
- Selling: Rs280.05 per US dollar
The buying rate is the price an exchange company offers when purchasing dollars from a customer. The selling rate is the price charged when selling dollars to a customer.
Actual rates can differ by location, exchange company and transaction conditions.
How Much Is 100 US Dollars in Pakistani Rupees?
Using the reported interbank closing rate of Rs276.72, the following calculations show the equivalent value of common US dollar amounts.
| US Dollar Amount | Equivalent in PKR |
|---|---|
| $1 | Rs276.72 |
| $10 | Rs2,767.20 |
| $50 | Rs13,836 |
| $100 | Rs27,672 |
| $500 | Rs138,360 |
| $1,000 | Rs276,720 |
| $5,000 | Rs1,383,600 |
Note: These calculations use the interbank closing rate for reference. They do not represent guaranteed cash exchange amounts. Actual customer transactions may use different buying or selling rates.
What Factors Affect the Dollar Rate in Pakistan?
The USD to PKR exchange rate changes due to several economic and financial factors. Some of the most important factors include the following.
1. Foreign Exchange Reserves
Pakistan’s foreign exchange reserves play an important role in maintaining financial stability.
Higher reserves can help strengthen confidence in the country’s ability to meet international payment obligations. Changes in reserves may also influence market expectations about the rupee.
2. Imports and Exports
Pakistan needs foreign currency to pay for imported products, including petroleum, machinery and industrial materials.
When demand for dollars increases because of higher import payments, pressure on the local currency can increase.
On the other hand, export earnings bring foreign currency into the country and can support the supply of dollars.
3. Overseas Pakistani Remittances
Money sent by overseas Pakistanis is an important source of foreign exchange.
Remittances from countries such as Saudi Arabia, the United Arab Emirates, the United Kingdom and the United States contribute to Pakistan’s foreign currency inflows.
Changes in remittance levels can influence the balance between foreign currency supply and demand.
4. International Oil Prices
Pakistan imports a significant amount of its energy requirements.
When international oil prices increase, the country’s import bill can rise, potentially increasing demand for foreign currency.
Lower oil prices may reduce some import costs, depending on overall energy consumption and market conditions.
5. Global US Dollar Performance
The US dollar is influenced by international economic developments, interest rate decisions and financial market conditions.
Changes in US monetary policy and global investor confidence can affect the dollar’s value against currencies worldwide, including the Pakistani rupee.
How Does the Dollar Rate Affect People in Pakistan?
Changes in the USD to PKR exchange rate can affect different parts of the Pakistani economy.
Impact on Imported Products
A higher dollar rate can increase the cost of imported products, particularly when businesses pass higher import costs on to customers.
Electronics, machinery, petroleum products and imported industrial materials may be affected.
Impact on Overseas Payments
Students, businesses and individuals making international payments may need more Pakistani rupees when the dollar becomes more expensive.
The final amount also depends on the bank’s exchange rate and applicable transaction charges.
Impact on Pakistani Exporters
A weaker rupee can increase the value of foreign currency earnings when converted into Pakistani rupees.
However, exporters may also face higher costs for imported raw materials, equipment and other business expenses.
Impact on Overseas Pakistanis
The exchange rate matters to overseas Pakistanis sending money to their families.
When the rupee’s value changes, the amount received in Pakistan for a particular foreign currency transfer may also change.
How to Check the Latest Dollar Rate in Pakistan
People can check updated USD to PKR exchange rates through reliable financial information sources.
Useful sources include:
- State Bank of Pakistan (SBP): For official exchange rate information and monetary policy updates.
- Forex Association of Pakistan: For market-related foreign exchange quotations.
- National Bank of Pakistan: For its published foreign exchange rates.
- Mettis Global: For financial market reports and currency updates.
Always confirm the applicable buying or selling rate with your bank or authorised exchange company before completing a transaction.
Frequently Asked Questions (FAQs)
1. What is the dollar rate in Pakistan today, November 2, 2026?
The US dollar closed at Rs276.72 in the interbank market on November 2, 2026. The reported open-market buying rate was Rs277.55, while the selling rate was Rs280.05.
2. What is the interbank dollar closing rate today?
The interbank closing rate was Rs276.72 per US dollar on Monday, November 2, 2026.
3. What is the open-market dollar selling rate in Pakistan?
The reported open-market selling rate was Rs280.05 per US dollar on November 2, 2026.
4. Did the Pakistani rupee gain against the US dollar today?
Yes. The Pakistani rupee appreciated by approximately 3 paisa, with the dollar closing at Rs276.72 compared with the previous closing rate of Rs276.75.
5. How much is 100 dollars in Pakistani rupees?
At the interbank closing rate of Rs276.72, 100 US dollars are equivalent to Rs27,672. Actual exchange company and bank rates may differ.
6. Why are interbank and open-market dollar rates different?
Interbank rates apply to transactions between banks, while open-market rates are quoted by currency exchange companies for customers. Different transaction conditions and exchange margins can create a price difference.
7. Where can I check the latest USD to PKR exchange rate?
You can check exchange rate information through the State Bank of Pakistan, the National Bank of Pakistan and authorised currency exchange companies.
The US dollar closed at Rs276.72 against the Pakistani rupee in the interbank market on November 2, 2026. The local currency gained approximately 3 paisa compared with its previous closing rate.
Meanwhile, the open-market buying and selling rates were reported at Rs277.55 and Rs280.05, respectively.
People planning international payments or currency exchanges should check the latest rates before completing their transactions, as exchange prices can change during the trading day.
