USD to PKR remained largely stable on January 26, 2026, as the Pakistani rupee extended its rare winning streak against the US dollar for the 87th consecutive session, even while suffering sharp losses against major global currencies, especially the British pound.
The rupee closed at 279.85 against USD to PKR, gaining a marginal one paisa during Monday’s interbank trading. However, this stability against the dollar contrasted with heavy depreciation against the British Pound, Euro, and Australian Dollar, reflecting continued pressure from global currency movements.
Market data showed that the PKR lost nearly Rs 4.60 against GBP, making it the worst-performing currency pairing of the day.
“While administrative controls and lower dollar demand are keeping USD to PKR stable, external currencies remain volatile due to global interest rate expectations and capital flows,” a currency dealer said.
The rupee’s sustained stability against the dollar is largely attributed to import controls, reduced dollar demand, IMF oversight, and improved interbank liquidity. However, currencies like GBP and EUR are influenced more by international monetary policy shifts, causing wider fluctuations against PKR.
Major Currencies
| Currency | 22-Jan-2026 | 23-Jan-2026 | 26-Jan-2026 | Change |
|---|---|---|---|---|
| USD to PKR | 279.8728 | 279.8636 | 279.8519 | +0.0117 |
| EUR | 327.2413 | 328.3080 | 331.4706 | -3.1626 |
| GBP | 375.8413 | 377.4801 | 382.0818 | -4.6017 |
| AUD | 190.3975 | 191.4127 | 193.4616 | -2.0489 |
| CAD | 202.4543 | 202.8512 | 204.3834 | -1.5322 |
| AED | 76.1975 | 76.1948 | 76.1906 | +0.0042 |
| SAR | 74.6328 | 74.6303 | 74.6292 | +0.0011 |
Currency analysts warn that while USD to PKR may remain range-bound in the near term, volatility against European and Commonwealth currencies could persist due to shifting global economic signals and interest rate outlooks.