Though the increase was small, it reflected a cautiously stable trend in the local currency market.

According to the Forex Association of Pakistan (FAP), the Dollar’s buying and selling rates in the open market stood at Rs282.7 and Rs282.8 respectively, showing that the interbank and open-market rates remained closely aligned.

Meanwhile, the Euro slipped by Rs1.33 to close at Rs327.17 compared to Rs328.50 a day earlier, as reported by the State Bank of Pakistan (SBP). The Japanese Yen also dropped by 2 paisa, settling at Rs1.84.

The British Pound saw a decline of Rs0.56, closing at Rs377.45 compared to the previous Rs378.01, reflecting weakness in global currencies amid mixed economic signals.

Additionally, the exchange rates of the Emirates Dirham and Saudi Riyal fell slightly by 1 paisa each, closing at Rs76.55 and Rs74.96 respectively, showing minimal movement across Gulf currencies.

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The Rupee’s slight appreciation shows controlled stability amid ongoing global currency fluctuations. Analysts suggest that consistent interbank discipline and inflow management are helping the local unit resist sharp volatility. However, given international economic pressures and oil price uncertainty, the Rupee’s future direction will depend largely on external inflows and fiscal stability in the coming weeks.