By Business Desk | Published Sep 8, 2025 | 5:10 pm
The Pakistani rupee extended its impressive run against the US dollar, marking a 22nd consecutive day of gains in the inter-bank market. On Monday, the rupee appreciated slightly by 0.01%, closing at Rs. 281.62, up Rs. 0.03 from the previous session.
This sustained upward trend reflects growing confidence in the Pakistani currency market and indicates potential stability for investors and businesses dealing with foreign exchange.
Weekly Performance Recap
Over the past week, the rupee showed consistent strength, gaining Rs. 0.12 (0.04%) in inter-bank trading. Market analysts note that this positive momentum could continue if current economic conditions persist.
However, the open market rates remain slightly higher, with the US dollar trading at Rs. 282.2 for buying and Rs. 283 for selling, according to the Forex Association of Pakistan (FAP).
Other Major Currencies Performance
The Euro surged against the rupee, rising Rs. 1.78 to close at Rs. 330.65, compared to Rs. 328.87 in the previous session, as per State Bank of Pakistan (SBP) data.
The Japanese yen held steady at Rs. 1.90, while the British pound appreciated by Rs. 1.54, trading at Rs. 380.78 from the prior Rs. 379.24.
Meanwhile, the Emirates Dirham and Saudi Riyal experienced minor declines of 1 paisa each, closing at Rs. 76.67 and Rs. 75.05, respectively.
Outlook for Pakistani Rupee
Experts suggest that the rupee’s consistent appreciation may encourage foreign investment and improve Pakistan’s balance of payments, but caution remains due to potential market volatility.