
According to the Forex Association of Pakistan (FAP), the Dollar’s buying rate in the open market stood at Rs282.65, while the selling rate was recorded at Rs282.85. The small fluctuation reflected cautious trading amid global and local market adjustments.
Meanwhile, the Euro gained Rs1.46, reaching Rs329.09 compared to the previous day’s Rs327.63, as per data from the State Bank of Pakistan (SBP). The Japanese Yen also strengthened slightly by 01 paisa to close at Rs1.87.
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In contrast, the British Pound recorded a minor drop of Rs0.28, settling at Rs377.36 compared to the earlier Rs377.64. The exchange rates for the Emirates Dirham and Saudi Riyal, however, remained unchanged at Rs76.53 and Rs74.95 respectively.
Although the Rupee’s gain against the Dollar was minimal, analysts view it as a sign of short-term market balance. The stability in major Gulf currencies reflects controlled demand for imports and remittances. However, the stronger Euro signals ongoing global currency shifts that may affect trade costs. In simple terms, the Rupee’s calm movement suggests that the market is steady but still watching global trends closely.



