
The change may seem minor, but experts say it reflects cautious optimism in currency stability.
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 settled at Rs282.85. Despite the small interbank gain, the open market showed little movement, suggesting mixed sentiments among traders.
The Euro lost Rs0.35, closing at Rs326.16 compared to Rs326.51 a day earlier, as reported by the State Bank of Pakistan (SBP). Meanwhile, the British Pound also weakened, falling by Rs0.70 to close at Rs374.87 against the earlier Rs374.17.
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The Japanese Yen maintained its position at Rs1.84, showing no change during the day. Similarly, the Emirates Dirham slipped by 01 paisa to Rs76.54, while the Saudi Riyal remained stable at Rs74.96.
Although the Rupee’s gain was only symbolic, it indicates a slow return of market confidence. Currency experts suggest that consistent stability will depend on upcoming IMF reviews, foreign inflows, and trade balance improvements. For now, the Rupee’s calm movement hints at controlled pressure in the exchange market.