Pakistani Rupee Extends Winning Streak Against US Dollar
The Pakistani rupee continued to strengthen against the US dollar in the inter-bank market on Tuesday, appreciating by 0.01%. At the end of trading, the local currency closed at Rs. 281.72, gaining Rs. 0.03 against the greenback.
This marks the 18th consecutive session of gains for the rupee. Since August 6, 2025, the currency has appreciated by a total of Rs. 0.95 against the US dollar. On Monday, the rupee had closed at Rs. 281.75.
💱 Open Market Rates
According to the Forex Association of Pakistan (FAP), the dollar was being bought at Rs. 282.6 and sold at Rs. 283.4 in the open market.
📉 Other Currencies Update
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Euro dropped by Rs. 2.89, closing at Rs. 328.03 (previous Rs. 330.21).
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Japanese Yen weakened slightly, down 02 paisa to Rs. 1.89.
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British Pound recorded a sharp decline of Rs. 4, settling at Rs. 377.16 compared to Rs. 381.16 earlier.
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Emirates Dirham remained steady at Rs. 76.70.
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Saudi Riyal edged lower by 01 paisa, closing at Rs. 75.07.
The consistent rise of the rupee signals improved stability in the forex market, giving relief to importers and boosting confidence in the local economy.
