Business

Iranian Rial Latest Rate in Pakistan – May 12, 2026

Published by
Web Desk

ISLAMABAD: The Iranian Rial continues to face significant challenges internationally due to sanctions and economic conditions. It has exhibited notable localized appreciation in Pakistan’s open currency markets over recent weeks.

Latest Rate

1 PKR = approximately 4718.33 Iranian Rials
10 PKR = approximately 47183.28 Iranian Rials

Why the Iranian Rial Is Gaining Value Against the PKR

In Pakistan’s exchange markets, especially in Karachi, Lahore, and border areas, the Iranian Rial has seen a dramatic surge — with reports indicating it has gained nearly fourfold in value in recent periods. For example, 10 million Iranian Rials, which previously traded around PKR 2,500 before escalations, are now fetching up to PKR 10,000 according to currency dealers.

Web Desk

Recent Posts

Kudankulam Nuclear Plant data reportedly leaked on dark web

NEW DELHI: Thousands of sensitive documents related to India's largest nuclear power plant, the Kudankulam…

24 minutes ago

Lahore Board increases examination duty remuneration by 50%

LAHORE: Thousands of teachers performing examination duties under the Board of Intermediate and Secondary Education…

49 minutes ago

House requisition allowance increased for KP govt employees

PESHAWAR: The house requisition allowance for employees has been increased, which will apply to all…

2 hours ago

Gold prices rises by Rs900 in local market

KARACHI: After two consecutive days of decline in global and local markets, gold prices increased…

2 hours ago

ICC Unveils New Format for 2027 ODI World Cup

DUBAI: The International Cricket Council (ICC) has announced a new format for the 2027 ICC…

2 hours ago

Pakistani passport ranking improved in Henley Passport Index 2026

ISLAMABAD: Pakistani passport has advanced three levels and reached the 100th rank. In the latest…

3 hours ago