According to the Forex Association of Pakistan (FAP), the buying and selling rates of the Dollar in the open market were recorded at Rs282.8 and Rs282.9, respectively, showing little movement.

The Euro, however, recorded a slight fall, dropping by Rs0.66 to close at Rs326.51, compared to the previous day’s rate of Rs327.17, as reported by the State Bank of Pakistan (SBP).

Similarly, the Japanese Yen slipped marginally by 01 paisa, ending at Rs1.83. The British Pound also witnessed a notable drop of Rs1.99, closing at Rs375.46, down from Rs377.45 in the earlier session.

Meanwhile, the Emirates Dirham remained steady at Rs76.55, while the Saudi Riyal edged up slightly by 01 paisa to Rs74.97.

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Currency dealers said the stable interbank rate reflects balanced demand and supply for the Dollar, while international currency movements influenced other rates.

The Rupee’s stability against the Dollar shows a calm phase in the forex market, supported by controlled import payments and better inflows. However, the drop in the Euro and Pound suggests global economic shifts are affecting Pakistan’s exchange trends too. Experts believe the next few weeks will be crucial as trade activity picks up before the year-end.