KARACHI — On Wednesday, November 11, 2026, the Exchange Rates Committee of the Financial Markets Association of Pakistan released its official foreign exchange conversion rates bulletin for forward cover deposits, excluding FE-25 deposits.
The newly announced conversion rates apply to major international currencies with a State Bank of Pakistan (SBP) settlement value date scheduled for November 13, 2026. According to the data, the United States Dollar (USD) was set at 276.6045 Pakistani Rupees, while the British Pound (GBP) stood at 372.0607 Rupees.
Additionally, the bulletin listed the Euro (EUR) conversion rate at 310.8758 Rupees and the Japanese Yen (JPY) at 1.7507 Rupees. These figures serve as financial benchmarks for forward cover arrangements managed through the country's central bank settlement framework.
