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PKR Strengthens to 279.67 Against Dollar in Interbank Market

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The Pakistani rupee (PKR) continued its upward trend against the US dollar (USD) on Tuesday, closing in positive territory for the 97th consecutive trading session in the interbank market.

The rupee gained three paisas to settle at 279.67 per dollar, reflecting continued stability in the local currency. However, the PKR weakened against most other major global currencies during the session.

Performance Against Major Currencies

Despite gains against the dollar, the rupee posted losses against the British pound and the euro, falling Rs 1.62 against the pound and Rs 1.26 against the euro.

The PKR also depreciated by Rs 1.01 against the Australian dollar and Rs 1.12 against the Canadian dollar, reflecting broader pressure from global currency movements.

Currency 06-Feb-2026 09-Feb-2026 10-Feb-2026 Change (Rs)
USD 279.7120 279.7022 279.6731 +0.0291
EUR 329.7665 331.7547 333.0208 -1.2661
GBP 379.5552 380.6886 382.3131 -1.6245
AUD 194.7775 196.8124 197.8268 -1.0144
MYR 70.8222 71.0716 71.2180 -0.1464
CNY 40.3020 40.3713 40.4596 -0.0883
CAD 204.4156 205.0377 206.1650 -1.1273
AED 76.1619 76.1498 76.1419 +0.0079
SAR 74.5879 74.5793 74.5715 +0.0078

Gains Against Gulf Currencies

The rupee closed slightly higher against key Gulf currencies, ending the session in green against both the UAE dirham (AED) and the Saudi riyal (SAR), which are closely linked to the US dollar.

Currency dealers said the rupee’s continued strength against the dollar is supported by improving external indicators, stable inflows, and controlled demand, though volatility in international markets continues to affect its performance against other major currencies.

Sabica Tahira

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