According to the State Bank of Pakistan (SBP), the Rupee closed at Rs281.90 against the US Dollar compared to the previous day’s Rs281.92.

In the open market, however, the Forex Association of Pakistan (FAP) reported dollar buying at Rs283.6 and selling at Rs284.1, showing a higher demand compared to interbank levels.

The Euro also witnessed a notable drop, falling by Rs1.74 to close at Rs326.84 compared to Rs328.58 a day earlier. The Japanese Yen slipped by 02 paisa, closing at Rs1.89.

Meanwhile, the British Pound also lost ground, down by Rs1.81, closing at Rs377.93 against Rs379.74 of the previous day.

The rates of Gulf currencies showed minor changes. The Emirates Dirham remained unchanged at Rs76.75, while the Saudi Riyal inched up by 01 paisa to close at Rs75.13.

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While the Rupee’s 02 paisa gain against the Dollar may look small, it reflects Pakistan’s ongoing battle to maintain currency stability. The fall in the Euro and British Pound further shows global market volatility, which continues to influence Pakistan’s exchange rates. Traders argue that such tiny improvements offer only temporary relief, as structural issues like import pressures, debt repayments, and fluctuating foreign reserves still dominate Pakistan’s currency outlook. The coming weeks will reveal whether the Rupee can sustain this trend or slip back under external economic pressure.