Currency dealers said the local unit strengthened slightly during the trading session due to balanced demand and improved dollar inflows. The positive movement, though small, reflects growing confidence in the foreign exchange market.

According to the State Bank of Pakistan, the Rupee posted a marginal increase compared to the previous closing level. Analysts believe steady remittances and controlled import payments are helping support the local currency.

The Rupee gained 01 paisa against the US Dollar in interbank trading and closed at Rs279.50, slightly stronger than Rs279.51 a day earlier.

The local currency showed a small but positive change in the interbank market. Currency dealers said the Rupee’s marginal improvement reflects stable demand and supply conditions in the banking channel.

According to the Forex Association of Pakistan, the US Dollar was available at Rs280.40 for buying and Rs282.30 for selling in the open market. The difference between interbank and open market rates continued to show mild pressure in retail trading.

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Data shared by the State Bank of Pakistan revealed mixed trends in other major currencies. The Euro gained 21 paisa and closed at Rs330.02 compared to Rs329.81 earlier.

The Japanese Yen remained unchanged at Rs1.79, showing no movement during the session. Meanwhile, the British Pound increased by 32 paisa to settle at Rs378.40 against the previous Rs378.08.

Among Gulf currencies, the Emirates Dirham stayed stable at Rs76.09. The Saudi Riyal recorded a rise of 02 paisa and closed at Rs74.52.

Currency experts believe these minor changes show short-term adjustments rather than a major shift in trend. Even a 01 paisa move matters in large volume trading. If import payments rise or dollar demand increases, the Rupee could face pressure again. For now, the market appears calm but cautious.