In the open market, however, the Forex Association of Pakistan reported the buying and selling rates of the dollar at Rs282.55 and Rs282.75, keeping traders cautious about mixed signals.

The Euro also suffered a noticeable fall, losing Rs1.96 to settle at Rs330.91, lower than yesterday’s Rs332.87, according to the State Bank of Pakistan.

The Japanese yen weakened slightly, dropping by 01 paisa to close at Rs1.90. Meanwhile, the British Pound faced a sharp decline of Rs4.12, trading at Rs379.56 compared to Rs383.68 a day earlier.

Among Gulf currencies, the Emirates Dirham slipped by 01 paisa to close at Rs76.62, but the Saudi Riyal moved the other way, gaining 01 paisa to settle at Rs75.04.

Read more: Gold prices drop sharply in Pakistan - Investors left shocked by sudden fall

Although the Rupee’s gain against the dollar seems tiny, it reflects a fragile balance in the market. The sharp fall in the Euro and Pound highlights global pressures that are also affecting Pakistan’s currency basket. For ordinary people, even minor changes can have an impact on import prices and inflation.