Rupee Extends Record Streak, Stays Green for 40th Straight Session

Pakistan’s rupee continued its remarkable winning run on Thursday, rising for the 40th consecutive day against the US dollar despite only a marginal gain. The currency closed at 280.65, appreciating by just one paisa, but maintaining the longest upward streak in recent years.

The slight improvement comes as consistent interbank stability, controlled import demand, and steady dollar inflows support the PKR. On a fiscal-year-to-date basis, the rupee has now strengthened 1.14 percent against the USD.

Officials said the momentum reflects improved market confidence and a more stable external financing outlook.

“The trend shows disciplined currency management and better supply flows, even if daily gains are small,” an analyst noted.

During today’s session, the rupee also posted gains against most major global currencies, except the Australian dollar, where it slipped slightly.

The PKR showed its strongest gains against the Euro and British Pound, appreciating Rs. 1.83 and Rs. 2.06 respectively.

Market watchers expect the rupee to hold steady in the near term, supported by improved liquidity and fewer external payment pressures.