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The Pakistani Rupee (PKR) continued its remarkable winning streak on Tuesday, closing stronger against the US Dollar (USD) for the 29th consecutive day. The local currency appreciated by 0.01% day-on-day, settling at Rs280.87 in the interbank market.
According to financial analysts, the rupee’s sustained recovery reflects improved market confidence, consistent inflows from remittances, and tighter foreign exchange controls. On a fiscal year-to-date (FYTD) basis, the PKR has appreciated by 1.09% against the dollar.
The rupee also gained ground against other major currencies during today’s session, showing broad market strength.
“Stable reserves and a narrowing trade deficit have supported PKR’s steady performance,” a market observer noted.
| Currency | Change | Result |
| US Dollar (USD) | +0.01% | 280.87 |
| UAE Dirham (AED) | Stable | — |
| Saudi Riyal (SAR) | Stable | — |
| Canadian Dollar (CAD) | +0.54 | Gained |
| Australian Dollar (AUD) | +1.07 | Gained |
| Euro (EUR) | +0.16 | Gained |
| British Pound (GBP) | +0.53 | Gained |
Economists believe the rupee’s continued strength will help ease inflationary pressures, though they caution that maintaining this momentum depends on stable external financing and disciplined fiscal management.
