According to the Forex Association of Pakistan (FAP), the Dollar’s buying and selling rates in the open market were recorded at Rs282.65 and Rs282.75, respectively.
The Euro also showed a downward trend, falling by 72 paisa to close at Rs326.71 compared to the previous Rs327.43, according to the State Bank of Pakistan (SBP).
The Japanese Yen remained stable, ending at Rs1.84, while the British Pound fell by Rs3.29 to settle at Rs371.17, compared to the earlier rate of Rs374.46.
Meanwhile, the exchange rates of the Emirates Dirham and Saudi Riyal stayed unchanged, closing at Rs76.49 and Rs74.92, respectively.
Read more: Global gold rate crosses $3,975 - what’s driving surge in Pakistan?
The Rupee’s minor improvement shows that market conditions are steady but cautious. Currency experts believe the movement reflects balanced demand and supply in the forex market. However, external economic pressures and upcoming financial policies could still affect the Rupee’s direction in the coming days.