The Pakistani rupee gained against the US dollar in the interbank market on Wednesday, supported by strong remittances and positive economic signals, while the open market dollar rate remained largely unchanged during trading. State Bank officials highlighted that Pakistan’s economy is performing better than IMF expectations, boosting market confidence. Rising inflows from overseas Pakistanis further […]
Pakistani rupee
Rupee gains signal growing market confidence
The Pakistani rupee continued to strengthen against the US dollar, closing at 279.90 in the interbank market as improved dollar supply supported the local currency. Moreover, the greenback briefly slipped to 279.66 during trading before rising slightly because of fresh import demand later in the session. This steady performance shows that market balance is improving […]
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 […]
Saudi riyal holds steady at Rs74.84 against rupee
KARACHI: The Saudi Riyal (SAR) remained firm at Rs74.84 against the Pakistani Rupee (PKR) in today’s open market, matching yesterday’s rate, currency dealers reported. The selling rate stood at Rs75.41, comfortably below the July 28 high of Rs76.03. Analysts say stable remittance inflows and calm market sentiment are keeping the currency steady. Remittances from Pakistanis […]
PSL franchise owners oppose addition of new teams
LAHORE: Pakistan Super League (PSL) franchise owners have expressed strong reservations over the Pakistan Cricket Board’s (PCB) proposal to add two new teams to the league. The owners warned that expanding the league at this stage could destabilize its current structure. Sources revealed that the franchise owners emphasized stabilizing the existing six teams financially and […]
SBP releases latest exchange rates for major currencies against PKR
ISLAMABAD: The State Bank of Pakistan (SBP) on Thursday published its latest mark-to-market (M2M) exchange rates for major international currencies against the Pakistani Rupee (PKR), providing guidance for authorized foreign exchange dealers to revalue their books. The US Dollar (USD) traded at 280.8228 PKR in the spot market, with a one-year forward rate of 293.1168 […]
Kuwaiti Dinar Falls to Rs.917.13
KUWAIT CITY — In a significant forex development, the Kuwaiti Dinar (KWD) has depreciated against the Pakistani Rupee (PKR), trading at Rs.917.13 in the open market this week — its lowest level since June. This marks a steady decline from Rs.919.70 on October 4, Rs.920.75 on September 27, and a broader downtrend from the summer […]
Dollar rises slightly while PSX hits record high ahead of budget 2025
In the interbank market today, the US dollar gained value against the Pakistani Rupee. It increased by 4 paisas and closed at Rs. 282.21. Yesterday, the dollar had closed at Rs. 282.17, showing a minor but notable uptick. Meanwhile, the Pakistan Stock Exchange (PSX) witnessed historic activity ahead of the federal budget announcement. The KSE-100 […]
PKR weakens slightly, dollar climbs to Rs284.40 in open market
The Pakistani rupee continued its marginal downward trend on Tuesday, falling by 12 paisa against the US dollar in the interbank market, where it closed at Rs282.17. This slight dip comes after Monday’s rate of Rs282.06, reflecting a 0.04% depreciation. Currency analysts attribute this movement to routine demand from importers and cautious market sentiment ahead […]
PKR slips marginally below 280 against USD after a year
The Pakistani rupee recorded a slight depreciation of 0.04% (Re0.10) against the US dollar in the inter-bank market on Monday, closing at 279.97. This marks the first time in over a year that the local currency has settled below 280 against the greenback. Last week, the PKR saw a gradual decline, losing Re0.30 or 0.11% […]