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 Rs282.85. Dealers described the movement as a sign of short-term stability in the local currency market.

Meanwhile, the Euro gained Rs0.45, finishing at Rs327.63 against the previous closing of Rs327.18, as per data shared by the State Bank of Pakistan (SBP).

The Japanese Yen also inched up by 01 paisa to settle at Rs1.86, while the British Pound saw a more notable increase of Rs2.21, ending the day at Rs377.64 compared to Rs375.43 previously.

The exchange rates of the Emirates Dirham and Saudi Riyal remained unchanged, holding steady at Rs76.53 and Rs74.95 respectively, suggesting limited pressure on regional currencies.

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The Rupee’s marginal recovery hints at improving short-term confidence in the local market, driven by consistent inflows and a calmer demand for the Dollar. However, fluctuations in major global currencies like the Pound and Euro reflect ongoing uncertainty in international trade.

Experts say the slight gain is symbolic rather than structural, as Pakistan’s foreign reserves and import pressures will determine the Rupee’s real strength in the coming weeks. For now, traders view this small uptick as a positive but cautious signal of currency stability.