The Pakistani rupee appreciated by 03 paisa against the US dollar in interbank trading and closed at Rs279,72 compared to Rs279,75 in the previous session, showing a small but notable rise in value.
According to the Forex Association of Pakistan, in the open market the dollar was being bought at Rs280,55 and sold at Rs282,25, highlighting mixed sentiment among traders even as the rupee strengthened slightly.
Other major global currencies also saw shifts. The Euro went up by Rs0,40 to close at Rs330,95, while the Japanese Yen fell by 02 paisa closing at Rs1,78. The British Pound rose by Rs0,53 to Rs383,69, reflecting wider movements in the forex market.
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Exchange rates for the Emirates Dirham fell by 02 paisa to Rs76,15, while the Saudi Riyal remained steady at Rs74,59, underlining how various currencies are reacting differently to global and local pressures.
The rupee’s small gain might seem modest, but it shows stability at a time when currency markets are unpredictable. Traders are watching closely, and even small moves can signal broader trends ahead.