Pakistani Rupee Gains Against Major Currencies, British Pound Falls to Rs. 370.44
The Pakistani Rupee (PKR) strengthened against the US Dollar (USD) in the interbank market on Friday, extending its recent positive trend.
According to the latest exchange rate data, the rupee closed at Rs. 277.87 per US dollar, gaining 3 paisas compared with the previous trading session.
The local currency has continued to show relative stability against the US dollar in recent months.
Performance Against Other Major Currencies
The Pakistani rupee also appreciated against several other international currencies during Friday’s trading:
| Currency | Closing Rate (PKR) | Change |
|---|---|---|
| US Dollar (USD) | 277.87 | +Rs. 0.03 |
| Euro (EUR) | 316.37 | +Rs. 0.95 |
| British Pound (GBP) | 370.44 | +Rs. 1.07 |
| Australian Dollar (AUD) | 194.12 | +Rs. 0.40 |
| Canadian Dollar (CAD) | 197.39 | +Rs. 0.07 |
| UAE Dirham (AED) | 75.66 | +Rs. 0.01 |
| Saudi Riyal (SAR) | 74.03 | +Rs. 0.01 |
| Chinese Yuan (CNY) | 41.02 | +Rs. 0.03 |
| Malaysian Ringgit (MYR) | 67.91 | +Rs. 0.06 |
The British Pound declined to Rs. 370.44, while the Euro also moved lower against the Pakistani rupee.
Exchange rates may continue to fluctuate based on international market conditions, foreign exchange demand, and broader economic developments. Financial experts advise businesses and individuals involved in foreign currency transactions to monitor official market updates regularly.
