2 min read
The Pakistani rupee (PKR) posted a slight gain against the US dollar in the inter-bank market on Wednesday, closing at Rs. 281.05 compared to Rs. 281.06 a day earlier, according to the State Bank of Pakistan (SBP). The improvement reflects continued stability in Pakistan’s foreign exchange market amid controlled import demand and steady remittance inflows.
The rupee has shown resilience in recent weeks due to better current account management and consistent dollar inflows. Analysts credit tighter fiscal discipline and improved investor confidence for the currency’s relative stability.
In the open market, the dollar was quoted at Rs. 281.30 (buying) and Rs. 282.15 (selling). The rupee also strengthened against several major global currencies.
| Currency | Previous Rate (Rs.) | New Rate (Rs.) | Change |
| US Dollar (Inter-bank) | 281.06 | 281.05 | +0.01 |
| Euro | 326.82 | 325.91 | +0.28% |
| British Pound | 376.41 | 374.46 | +0.52% |
| Swiss Franc | 354.61 | 352.86 | +0.49% |
| Japanese Yen | 1.8597 | 1.8509 | +0.47% |
| Chinese Yuan | 39.49 | 39.45 | +0.10% |
| Saudi Riyal | 74.94 | 74.94 | 0.00% |
| UAE Dirham | 76.52 | 76.52 | 0.00% |
During the current fiscal year, the PKR has appreciated by Rs. 2.71 (0.96%) against the dollar, though it remains down Rs. 2.50 (0.89%) for the calendar year 2025.
“The rupee’s stability signals a balanced forex market and improved confidence in Pakistan’s economic outlook,” said a market analyst.
Experts anticipate that maintaining export growth and remittance levels will be key to sustaining this momentum in the coming months.
