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The Pakistani rupee continued its steady performance against the US dollar, closing strong for the 96th consecutive day in the interbank market. On Monday, the rupee settled at 279.70, gaining one paisa against the dollar, reflecting continued stability in the local currency market.
Currency market data showed the rupee inching up from 279.7120 to 279.7022 against the US dollar. Analysts say the extended streak highlights improved market confidence, supported by tighter import controls, stable inflows, and better liquidity management.
Mixed Performance Against Other Currencies
Despite gains against the dollar, the rupee lost ground against most major global currencies. It depreciated by Rs1.98 against the euro and Rs1.13 against the British pound. The local currency also weakened by Rs2.03 against the Australian dollar and 62 paisas against the Canadian dollar.
| Currency | 04-Feb-2026 | 06-Feb-2026 | 09-Feb-2026 | Change (+/–) |
| USD | 279.7235 | 279.7120 | 279.7022 | +0.0098 |
| EUR | 330.9549 | 329.7665 | 331.7547 | -1.9882 |
| GBP | 383.6967 | 379.5552 | 380.6886 | -1.1334 |
| AUD | 196.8554 | 194.7775 | 196.8124 | -2.0349 |
| MYR | 71.2037 | 70.8222 | 71.0716 | -0.2494 |
| CNY | 40.3257 | 40.3020 | 40.3713 | -0.0693 |
| CAD | 205.1887 | 204.4156 | 205.0377 | -0.6221 |
| AED | 76.1567 | 76.1619 | 76.1498 | +0.0121 |
| SAR | 74.5909 | 74.5879 | 74.5793 | +0.0086 |
However, the rupee closed slightly stronger against the UAE dirham and Saudi riyal, currencies closely linked to the dollar, offering some relief for remittance-linked transactions.
The rupee’s prolonged stability against the dollar comes amid broader economic management efforts and improved sentiment in financial markets. While gains remain modest, experts say consistency is helping reduce volatility. However, movements against other currencies indicate continued exposure to global exchange rate pressures.
