According to the Forex Association of Pakistan (FAP), the dollar’s open market buying and selling rates remained higher at Rs284 and Rs284.5, showing a slight gap with interbank rates.

The Euro lost value as well, dropping by 91 paisa to close at Rs328.33 compared to Rs329.24 on the previous day, according to the State Bank of Pakistan (SBP).

Meanwhile, the Japanese yen stayed unchanged at Rs1.90. The British Pound recorded a decline of 20 paisa, settling at Rs380.81 against Rs381.01 earlier.

The exchange rates of the Emirates Dirham and Saudi Riyal remained flat at Rs76.76 and Rs75.13, respectively.

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Although the Rupee appreciated only slightly in the interbank market, the difference between interbank and open market rates shows continued pressure on the currency. The decline in Euro and Pound reflects global currency adjustments that impact Pakistan’s external trade costs.

The Rupee’s stability against Gulf currencies like the Dirham and Riyal suggests steady remittance inflows, but the persistent gap with open market rates hints at demand-side pressures from importers and the general public. This mixed performance signals that while Pakistan’s currency is not under immediate stress, the forex market remains fragile.