The local currency gained 03 paisa during the session, a modest move that still caught attention in a market closely watching every shift in exchange rates. Traders described the session as calm, with no sudden pressure on the rupee.

According to the Forex Association of Pakistan, the Dollar’s buying rate in the open market stood at Rs281, while the selling rate was recorded at Rs283, showing limited volatility outside interbank trading.

Other major currencies showed mixed trends. Data from the State Bank of Pakistan revealed that the Euro weakened by Rs0.64 to close at Rs329.70, down from Rs330.34 in the previous session.

The Japanese Yen remained unchanged and settled at Rs1.79. Meanwhile, the British Pound lost Rs1.06, closing at Rs377.60 compared to its earlier level of Rs378.66.

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Regional currencies also slipped slightly. The Emirates Dirham and the Saudi Riyal both fell by 01 paisa, ending the day at Rs76.28 and Rs74.69, respectively.

Market participants said the small movements suggest temporary stability rather than a strong trend, as economic signals remain mixed and external pressures continue to influence the rupee.

The rupee’s small gain may ease short-term worries but does not signal a major turnaround. Currency stability will depend on economic flows and policy clarity. For now, the market appears cautious rather than confident.