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PKR Holds Firm at 279.70 Against US Dollar in Interbank Market

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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.

Sabica Tahira

Experienced Content Writer & Creative Strategist I am an experienced writer passionate about creating engaging, research-driven content across technology, AI, fintech, and cryptocurrency. My goal is to inform, inspire, and connect audiences through impactful storytelling while helping brands build trust and a strong digital presence.