According to the Forex Association of Pakistan (FAP), the Dollar’s buying and selling rates in the open market stood at Rs282.6 and Rs282.85. The slight improvement has given the Rupee a mild boost, though traders remain cautious about future movements.

The State Bank of Pakistan (SBP) reported that the Euro strengthened by 66 paisa to close at Rs324.02, compared to the previous rate of Rs323.36. The Japanese Yen also gained 01 paisa, reaching Rs1.83.

Read more: Petrol and food prices increase across country, PBS reports

Meanwhile, the British Pound rose by Rs1.63, closing at Rs368.56 against yesterday’s Rs366.93. However, the Emirates Dirham and Saudi Riyal both dipped by 01 paisa each, ending at Rs76.45 and Rs74.87, respectively.

The Rupee’s slight appreciation shows stability in the market, but experts say it’s too early to call it a strong comeback. Global currency shifts and local economic factors could quickly change the trend. For now, the market seems balanced but remains on alert for the next move.