The Pakistani rupee posted a modest gain against the US dollar in the interbank market, ending the trading week on a stronger note as the greenback slipped slightly. According to the latest market data, the dollar declined by three paisas to close at Rs278.12 compared with the previous day’s closing rate of Rs278.15, reflecting continued […]
Exchange Rate
Pakistan’s currency stability seen as economic illusion
Economic analysts say Pakistan’s chronic reliance on an artificially managed exchange rate has repeatedly undermined export competitiveness and contributed to recurring balance-of-payments crises, despite short-term gains in political optics and price stability. Read More: Economic growth drops to 3% in Pakistan In a commentary published on Sunday, former corporate executive and economic observer Ehsan Malik argued that […]
Pakistan’s Exchange Rate Pressure Grows as Deficit Widens
Pakistan’s exchange rate is facing new pressure as the current account deficit grows quickly. Imports are rising much faster than exports, which increases the gap and weakens stability. Even though remittances remain strong, they cannot offset the widening imbalance. As a result, expectations are rising that the rupee may eventually adjust despite the State Bank’s […]
UAE Dirham holds steady at PKR 76.41
KARACHI – The UAE Dirham (AED) remained steady at PKR 76.41 on Thursday, November 20, 2025, continuing near record-low levels that favor remittance flows, trade, and travel between Pakistan and the UAE. The interbank rate stood at Rs. 77.80, while open market rates reflected competitive levels for currency exchange. The sustained strength of the Dirham […]
UAE Dirham Slightly Drops to 76.53 PKR, Benefits Pakistani Expats
ISLAMABAD – The UAE Dirham (AED) fell slightly to 76.53 PKR on October 16, 2025, down 0.02 PKR from yesterday’s 76.55 PKR, according to financial sources. The Dirham’s value is tied to the US Dollar at 3.6725 AED per USD, while the Pakistani Rupee (PKR) floats freely, influenced by trade, foreign reserves, inflation, and market […]
US dollar bounces back against rupee
In interbank trade, the US dollar resumed its recovery trend against the Pakistani rupee and increased by 65 paisas to reach Rs 214. Since the IMF broke the agreement with the government’s Finance team, which Miftah Ismail chairs, the local currency is on the road to recovery. The last closing of the previous week was […]
Rupee sheds 79 paisas against dollar
Exchange rate of Pak Rupee weakened by 79paisas against the US Dollar in the interbank trading on Monday and closed at Rs200.93 against the previous day’s closing of Rs200.14. According to the Forex Association of Pakistan (FAP), the buying and selling rates of dollar in the open market were recorded at Rs200.75 and Rs202.25 […]