The Pakistani rupee (PKR) gained marginally by Rs. 0.01 against the US dollar on Friday, closing at Rs. 281.02 in the interbank market compared to Rs. 281.03 a day earlier, according to the State Bank of Pakistan (SBP). The local currency showed a mixed performance against other major currencies amid stable market sentiment and improved forex reserves.
During intraday trading, the rupee recorded a high (bid) of Rs. 281.10 and a low (ask) of Rs. 282.05, reflecting limited volatility. In the open market, the dollar was quoted at Rs. 281.30 (buying) and Rs. 282.15 (selling).
Experts say the rupee’s stability against the dollar reflects controlled demand, a positive current account balance, and lower import pressures. However, fluctuations against other global currencies remain influenced by global inflation data and foreign exchange movements.
“The rupee is showing resilience due to improved macroeconomic indicators, but global currency swings could keep volatility in play,” said a market analyst from Tresmark.
| Currency | Previous Rate (PKR) | New Rate (PKR) | Change | Trend |
| US Dollar | 281.03 | 281.02 | ▲ 0.01 | Slight Gain |
| Euro | 326.01 | 326.43 | ▼ 0.13% | Depreciated |
| British Pound | 375.23 | 374.06 | ▲ 0.31% | Gained |
| Swiss Franc | 352.52 | 353.19 | ▼ 0.19% | Weakened |
| Japanese Yen | 1.8429 | 1.8383 | ▲ 0.25% | Gained |
| Chinese Yuan | 39.45 | 39.45 | — | Stable |
| Saudi Riyal | 74.92 | 74.93 | ▼ 0.01% | Slight Loss |
| UAE Dirham | 76.48 | 76.51 | ▲ 0.00% | Marginal Gain |
So far in FY26, the rupee has strengthened by Rs. 2.75 (0.98%) against the US dollar but has depreciated by Rs. 2.47 (0.88%) since the start of the calendar year. Analysts expect the rupee to remain range-bound as the IMF program, export inflows, and remittance trends continue to shape forex stability in the coming months.