Rupee shows resilience against dollar despite global currency fluctuations
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KARACHI (Web Desk): The Rupee showed a slight improvement as it appreciated by 1 paisa against the US Dollar in interbank trading, closing at Rs280.91 compared to the previous day’s Rs280.92.

The gain was small but reflected ongoing market stability amid cautious trading activity.

As per the Forex Association of Pakistan (FAP), the Dollar’s buying and selling rates in the open market were recorded at Rs282.5 and Rs282.8, respectively. Currency traders noted limited movement due to balanced supply and demand conditions.

According to the State Bank of Pakistan (SBP), the Euro declined by Rs1.34, settling at Rs324.76 against the previous day’s Rs326.19. The Japanese Yen remained unchanged at Rs1.82.

Meanwhile, the British Pound saw a fall of Rs1.03, closing at Rs369.17 compared to Rs370.62 a day earlier. On the other hand, the Emirates Dirham and Saudi Riyal maintained stability, closing at Rs76.48 and Rs74.90, respectively.

Read more: Gold hits new high as dollar slips and global demand strengthens

The Rupee’s marginal gain shows signs of resilience amid global uncertainty and fluctuating oil prices. Analysts suggest that if foreign inflows continue and import payments remain steady, the local currency could maintain its current level in the short term. However, any shift in international markets may quickly impact future trends.