Meanwhile, open market rates showed a slight difference in buying and selling.

The dollar maintained a steady position against the rupee in interbank trading, closing at Rs282.45 after the local currency appreciated by just 1 paisa from the previous day’s Rs282.46.

According to the Forex Association of Pakistan (FAP), the dollar’s buying rate in the open market stood at Rs284.1, while the selling rate was recorded at Rs285.6, reflecting a marginal gap between interbank and open market figures.

The Euro lost 54 paisa to settle at Rs328.83 compared to its previous close of Rs329.37, as reported by the State Bank of Pakistan (SBP).

The Japanese yen remained unchanged at Rs1.91, while the British Pound saw a modest rise of Rs0.21, closing at Rs380.07 against Rs379.86 previously.

Exchange rates for the Emirates Dirham and Saudi Riyal remained flat, closing at Rs76.90 and Rs75.26, respectively.

Read more: Gold prices tumble sharply in Pakistan as global rates drop

The Rupee’s negligible gain against the dollar suggests a cautious stability in Pakistan’s currency market. The narrow difference between interbank and open market rates hints at balanced supply and demand, though global economic factors and local market sentiment continue to shape exchange rate movements. The unchanged rates of major Gulf currencies and the yen further signal a relatively calm trading day in the forex market.