The Pakistani rupee registered marginal gain, appreciating 0.01% against the US dollar in the inter-bank market on Friday. At close, the local currency settled at 278.92, a gain of 0.03, against the greenback, according to the State Bank of Pakistan (SBP). On Thursday, the local unit closed at 278.95. Meanwhile, the US dollar was headed for a second consecutive weekly decline on Friday in tentative trade, as a ceasefire between Israel and Lebanon and prospects for fresh Iran talks prompted investors to unwind safe-haven positions. Currencies were mostly rangebound in Asia trade as investors awaited further details, leaving the euro steady against the dollar at $1.1783.
Rupee gains ground against dollar
Published on: April 18, 2026 11:28 AM