Inter Bank Rates in Pakistan Today
Live indicative inter bank forex rates for Pakistan — bank buying (TT clean) and bank selling (TT & OD) in Pakistani Rupees for major international currencies.
Frequently Asked Questions
What are inter bank rates in Pakistan?
Inter bank rates are the foreign exchange prices at which commercial banks trade currency with each other, often quoted as TT (telegraphic transfer) clean buying and TT & OD selling rates. They are reference wholesale rates monitored in line with State Bank of Pakistan policy.
Why is the interbank dollar rate lower than the open market?
Open market exchangers serve retail cash customers and add a wider spread. Interbank rates apply to bank transfers and institutional settlements with tighter spreads — retail cash buyers usually pay the higher open market selling rate.
Can I get interbank rates as an individual?
Generally no for cash. Individuals buying or selling physical notes use licensed money changers (open market). Interbank-style rates may apply to wire transfers through banks, but banks add their own margins and fees.
How often are inter bank rates updated?
We recalculate when our forex sync runs, using international cross rates converted to PKR. The timestamp on this page shows the last server-side update.
Disclaimer: The gold and silver rates provided on this website are aggregated from various local bullion markets and Sarafa Associations across Pakistan. While we strive to maintain accurate and up-to-date information, these prices are indicative and subject to continuous market fluctuations. They do not include making charges, local taxes, or dealer commissions. We recommend verifying the final price with your local jeweller before making any transaction.
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