Rupee gains as dollar slips in interbank trade surprising market

Rupee gains as dollar slips in interbank trade surprising market

Rupee gains against dollar, quiet strength surprises market. File photo

January, 9 2026

KARACHI (Web Desk): Rupee gained slightly against the Dollar in interbank trade, signaling mild stability as foreign exchange rates showed mixed trends.

The Rupee appreciated by 03 paisa against the US Dollar and closed at Rs280.02, compared to the previous closing rate of Rs280.05.

According to the Forex Association of Pakistan (FAP), the Dollar’s buying rate in the open market was Rs280.8, while the selling rate was recorded at Rs282.75.

The Euro weakened during the session. It dropped by Rs0.87 and closed at Rs326.14, down from the previous close of Rs327.01, as reported by the State Bank of Pakistan (SBP).

The Japanese Yen also declined by 01 paisa and ended at Rs1.77. Meanwhile, the British Pound saw a decrease of Rs0.43 and closed at Rs376.07, compared to the earlier rate of Rs376.50.

The Emirates Dirham and Saudi Riyal both slipped by 01 paisa each. They closed at Rs76.23 and Rs74.67, respectively, showing minor pressure across Gulf currencies.

The Rupee’s small gain shows short-term stability. Global currency pressure is still visible. Market sentiment remains cautious but calm.