NBP Foreign Exchange Rates for June 3, 2026: USD at 278.85/278.35 PKR
KARACHI: The National Bank of Pakistan (NBP) has released its Foreign Exchange rate sheet for Wednesday, June 3, 2026, providing market-indicative benchmarks for its nationwide network of FX-designated branches and corporate clients.
US Dollar (USD)
The US dollar, Pakistan’s most actively traded foreign currency, is quoted at PKR 278.85 for selling and PKR 278.35 for buying in NBP’s ready transaction rates. The 50-paisa spread reflects the bank’s standard retail margin. The indicative forward rates show the dollar trading at PKR 277.01 for spot/15 days, with the rate gradually declining to PKR 261.60 for six-month tenor—an unusual backwardation pattern that may reflect NBP’s specific liquidity positioning or forward curve dynamics. The frozen FCY deposit conversion rate stands at 278.4267, while cash notes are quoted at PKR 280.24 (selling) and PKR 277.24 (buying).
Saudi Riyal (SAR)
Vital for remittances from the Kingdom, where over two million Pakistanis are employed, the Saudi riyal is priced at PKR 74.32 (selling) and PKR 74.19 (buying). The narrow 13-paisa spread indicates strong liquidity in the corridor. Cash transactions are quoted at PKR 74.69 (selling) and PKR 73.77 (buying), reflecting higher operational costs for physical currency handling. The riyal’s dollar peg ensures stability benefiting both remittance senders and recipients.
UAE Dirham (AED)
The Emirati dirham stands at PKR 75.93 (selling) and PKR 75.79 (buying) for ready transactions, with cash notes at PKR 76.31 (selling) and PKR 75.41 (buying). As the UAE ranks among Pakistan’s top three remittance sources, this rate is closely monitored by expatriate workers in Dubai and Abu Dhabi. The dirham’s rigid dollar peg provides predictability amid economic uncertainty.
Qatari Riyal (QAR)
Qatar’s currency is marked at PKR 76.67 (selling) and PKR 76.53 (buying). The QAR rate serves Pakistani workers in Qatar’s infrastructure and service sectors, as well as businesses engaged in bilateral trade. The tight 14-paisa spread reflects healthy market depth.
Kuwaiti Dinar (KWD)
The Kuwaiti dinar retains its position as the highest-valued currency in NBP’s daily sheet, trading at PKR 909.05 (selling) and PKR 907.42 (buying). Reflecting Kuwait’s oil wealth and conservative fiscal management, the dinar’s substantial value translates into significant remittance value for Pakistani workers, though its limited float keeps movements tightly constrained.
Bahraini Dinar (BHD)
The Bahraini dinar is absent from NBP’s visible rate sheet for June 3, potentially due to thin market conditions or volume-based Treasury pricing. Clients requiring Bahraini dinar rates should contact NBP’s Treasury Sales Desk directly.
Australian Dollar (AUD)
The Australian dollar is valued at PKR 200.01 (selling) and PKR 199.65 (buying). The 36-paisa spread reflects moderate liquidity. Sensitive to commodity prices and RBA policy signals, this rate is particularly relevant for Pakistani students in Australia and commodity importers.
Canadian Dollar (CAD)
The Canadian dollar trades at PKR 201.40 (selling) and PKR 201.04 (buying). With substantial Pakistani communities in Toronto and Vancouver, the CAD rate serves both individual remittance needs and corporate clients. The loonie maintains a slight premium over the AUD, consistent with recent cross-market dynamics.
Other Major Currencies
British Pound (GBP): PKR 375.45 (selling) / PKR 374.78 (buying)
Japanese Yen (JPY): PKR 1.7441 (selling) / PKR 1.7409 (buying)
Swiss Franc (CHF): PKR 353.85 (selling) / PKR 353.22 (buying)
Swedish Krona (SEK): PKR 29.95 (selling) / PKR 29.89 (buying)
Norwegian Krone (NOK): PKR 30.07 (selling) / PKR 30.01 (buying)
Danish Krone (DKK): PKR 43.39 (selling) / PKR 43.31 (buying)
New Zealand Dollar (NZD): PKR 165.17 (selling) / PKR 164.87 (buying)
Singapore Dollar (SGD): PKR 217.91 (selling) / PKR 217.52 (buying)
Hong Kong Dollar (HKD): PKR 35.59 (selling) / PKR 35.52 (buying)
Korean Won (KRW): PKR 0.1835 (selling) / PKR 0.1832 (buying)
Chinese Yuan (CNY): PKR 41.20 (selling) / PKR 41.13 (buying)
Malaysian Ringgit (MYR): PKR 70.08 (selling) / PKR 69.95 (buying)
Thai Baht (THB): PKR 8.53 (selling) / PKR 8.52 (buying)