USD to PKR Rate Today: Pakistani Rupee Gains Slightly Against US Dollar In Interbank Market
- The rupee appreciated by 1 paisa against the US dollar on Friday.
- The local currency closed at Rs278.41 compared to Rs278.42 a day earlier.
- Euro and British pound recorded gains, while dirham and riyal remained unchanged.
The Pakistani rupee posted a marginal gain against the US dollar in the interbank market on Friday, appreciating by one paisa to close at Rs278.41 compared to the previous session’s closing rate of Rs278.42.
Despite the slight improvement, the rupee has largely remained stable in recent weeks, supported by improved foreign exchange reserves, controlled import demand and continued confidence linked to Pakistan’s ongoing IMF programme.
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According to the Forex Association of Pakistan (FAP), the US dollar was available at Rs278.25 for buying and Rs279.50 for selling in the open market.
Among other major currencies, the euro strengthened against the rupee, gaining 87 paisas to close at Rs324.00 compared to Rs323.13 in the previous trading session.
The British pound also recorded an increase of 60 paisas, ending the day at Rs374.39 against Rs373.79 a day earlier.
Meanwhile, the Japanese yen remained unchanged at Rs1.74.
The exchange rates of Gulf currencies also showed stability. The UAE dirham remained steady at Rs75.80, while the Saudi riyal held firm at Rs74.15.
Currency market analysts say the rupee’s relative stability reflects an improved external sector position compared to previous years. The State Bank of Pakistan’s foreign exchange reserves recently rose above $17 billion, helping support market confidence and limit volatility in the exchange rate.
Also See: USD/PKR Rate Today
However, economists note that future movements in the rupee will continue to depend on factors such as export growth, remittance inflows, foreign investment, global oil prices and Pakistan’s external financing requirements. With the federal budget for fiscal year 2026-27 approaching and significant external repayment obligations ahead, market participants are expected to closely monitor economic and fiscal developments in the coming months.
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