Rupee gains against dollar as global currencies send warning signs

Rupee gains against dollar as global currencies send warning signs

Rupee gained strength against dollar. File photo

January, 15 2026

KARACHI (Web Desk): The rupee edged up against the dollar in interbank trading, closing at Rs279.96 as investors closely watched fresh signals from the forex market.

The local currency gained 1 paisa compared to the previous close of Rs279.97, showing a mild but positive movement during Thursday’s trading session.

According to the Forex Association of Pakistan (FAP), the dollar’s buying and selling rates in the open market were recorded at Rs280.7 and Rs282.8, highlighting continued pressure outside the interbank market.

The euro weakened slightly and closed at Rs325.59 after losing Rs0.38 from the previous day’s level of Rs325.97, as per data shared by the State Bank of Pakistan (SBP).

The Japanese yen showed no change and closed at Rs1.76, while the British pound slipped by Rs0.24 to settle at Rs376.07 compared to Rs376.31 a day earlier.

Meanwhile, the Emirates dirham and Saudi riyal remained unchanged, closing at Rs76.22 and Rs74.65, respectively, indicating stability in regional currencies.

The rupee’s small gain shows short-term calm, not strong recovery. Stable Gulf currencies suggest steady trade payments. Open market pressure signals demand for dollars is still there.