The local currency showed a small improvement during trading. The rupee gained 03 paisa compared to the previous closing rate of Rs279 and 65 paisa. This minor increase reflects cautious confidence in Pakistan’s currency market.

According to the Forex Association of Pakistan (FAP), the US Dollar was traded at Rs280 and 50 paisa for buying and Rs282 and 15 paisa for selling in the open market. These rates show that the dollar remained slightly higher in the open market compared to interbank trading.

Meanwhile, the Euro lost value and closed at Rs331 and 57 paisa, down from Rs332 and 18 paisa, as reported by the State Bank of Pakistan (SBP). This decline indicates weaker demand for the European currency in the local market.

The Japanese Yen remained unchanged at Rs1 and 82 paisa, showing no movement. At the same time, the British Pound also fell and closed at Rs380 and 77 paisa, compared to Rs381 and 43 paisa a day earlier.

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Other Gulf currencies showed no change. The UAE Dirham stayed stable at Rs76 and 13 paisa, while the Saudi Riyal remained at Rs74 and 56 paisa. This stability reflects balanced demand for these currencies in Pakistan.

This small gain shows the rupee is not falling fast anymore. It gives a signal of short-term stability. But the improvement is very small. The dollar is still strong overall. Any economic or political change can affect the exchange rate quickly. People and businesses will continue watching the dollar closely.