According to the Forex Association of Pakistan (FAP), the dollar closed at Rs281.61, down from the previous day’s Rs281.71. In the open market, the dollar was being bought at Rs282.20 and sold at Rs283.70, showing slight variations amidst market corrections.

The euro also saw a dip, dropping Rs0.58 to settle at Rs315.35, compared to Rs315.93 a day earlier, as per figures released by the State Bank of Pakistan (SBP).

Meanwhile, the British pound experienced a notable drop of Rs1.75, closing at Rs373.66, down from Rs375.41, indicating pressure from fluctuating global trade sentiments. The Japanese yen, however, recorded a marginal gain of 02 paisa, ending the day at Rs1.93.

Among Gulf currencies, both the Emirates Dirham and the Saudi Riyal slipped slightly, down by 02 paisa and 03 paisa respectively, closing at Rs76.67 and Rs75.08.

The latest shifts come as Pakistan navigates economic reforms and macro-financial adjustments, while keeping a close watch on foreign inflows and trade movements. Currency watchers suggest that the rupee’s resilience could gain strength if regional stability and remittance flows improve further.