Rupee Gains Slightly Against Dollar, Shows Mixed Global Trend

The Pakistani rupee saw a minor uptick against the US dollar on Monday, closing at Rs. 281.01, marking a marginal appreciation of Rs. 0.01 in the inter-bank market, according to the State Bank of Pakistan (SBP). The local currency maintained overall stability through the week.

After weeks of consistent performance, the rupee continues to hover around the Rs. 281 mark amid steady inflows and moderate demand for imports. Economists suggest that controlled market sentiment and limited volatility are helping maintain the rupee’s current position.

In the open market, the dollar traded between Rs. 281.10 (buying) and Rs. 282.05 (selling). Against other major currencies, the rupee showed a mixed trend, strengthening against some while weakening against others.

An SBP official noted that

“the rupee’s current stability reflects balanced inflows and controlled market speculation,” adding that sustained discipline in import payments could further support the local currency in the coming weeks.

So far in FY2025–26, the rupee has appreciated by Rs. 2.76 (0.98%), though it remains 0.88% weaker since the beginning of the calendar year.