According to the Forex Association of Pakistan (FAP), the dollar’s buying and selling rates in the open market were recorded at Rs282.6 and Rs282.9. Despite the small gain, traders noted cautious optimism as the local currency continued to show resistance.

The State Bank of Pakistan (SBP) reported that the euro’s value dropped by 91 paisa, ending at Rs322.82 compared to the previous Rs323.73. Meanwhile, the British pound also fell by Rs2.09 to close at Rs366.20 from Rs368.29.

The Japanese yen remained steady at Rs1.82, while the exchange rates of the Emirates dirham and Saudi riyal stayed unchanged at Rs76.46 and Rs74.88, respectively.

Read more: Big fall in gold rates shocks markets as global prices slide

Experts say the rupee’s slight gain shows the market’s stability amid controlled demand for the dollar. The drop in major foreign currencies suggests that global market shifts and oil price trends are influencing exchange rates. Though small, such steady movements could help boost investor confidence in Pakistan’s currency outlook.