The Pakistani rupee (PKR) ended Friday’s interbank session on a positive note against the US dollar (USD), continuing its pattern of minor movements seen in recent weeks.
Data released by the State Bank of Pakistan (SBP) showed the PKR gained 2.83 paisa to close at Rs280.02 per US dollar, compared with Thursday’s close of Rs280.05.
Trading remained range-bound throughout the session. The local unit touched an intraday high of Rs281.05 and a low of Rs280.40, reflecting cautious dollar demand and steady flows in the market.
On a broader timeline, the rupee has shown modest improvement against the greenback. Since the start of the current fiscal year, it has strengthened by Rs3.74, or about 1.34 percent.
In calendar year terms, the PKR gain has been limited to 9.96 paisa, or roughly 0.04 percent, pointing to a largely stable exchange rate environment so far.
Performance against major foreign currencies
The Pakistani currency also posted gains against several other major currencies.
PKR to Saudi Riyal: The rupee rose by 0.96 paisa against the Saudi riyal to Rs74.67 and
PKR to Yen: The rupee also edged higher against the Japanese yen, appreciating by 1.18 paisa, or 0.66 percent, to Rs1.7775.
PKR to Euro: PKR rose by 87.31 paisa, or 0.27 percent, against the euro to settle at Rs326.14, compared with Rs327.02 a day earlier.
PKR to Dirham: PKR gained 0.77 paisa against the UAE dirham to finish at Rs76.24.
PKR to British Pound: Against the British pound, the local unit improved by 43.01 paisa, or 0.11 percent, closing at Rs376.07.
PKR to Franc: A stronger move was recorded against the Swiss franc, with the rupee gaining Rs1.02, or 0.29 percent, to end the session at Rs350.10.
PKR to Yuan: Against the Chinese yuan, the rupee remained almost unchanged, closing near Rs40.11.
NBP exchange rates
Separately, the National Bank of Pakistan (NBP) released its daily foreign exchange rates, which serve as a reference for market participants and provide an indication of opening levels for the day.
According to NBP’s treasury rates, the US dollar was quoted at Rs279.95 for buying and Rs280.45 for selling. The euro stood at Rs326.25 on the buying side and Rs326.83 on the selling side, while the British pound was priced at Rs376.09 for buying and Rs376.76 for selling.
Among other major currencies, the Japanese yen was quoted between Rs1.7799 and Rs1.7831, the Swiss franc between Rs350.07 and Rs350.69, and the Canadian dollar between Rs201.84 and Rs202.20. The Australian dollar traded in a range of Rs187.43 to Rs187.76.
For regional and Gulf currencies, the Chinese yuan was listed at Rs40.11 for buying and Rs40.18 for selling, the Saudi riyal at Rs74.66 to Rs74.79, and the UAE dirham at Rs76.22 to Rs76.36. The Kuwaiti dinar remained the highest-valued currency on the board, with rates ranging from Rs916.22 to Rs917.85.
Market dealers said the rupee’s movement reflected a balance between routine import payments and steady inflows, with no major surprises shaping trading sentiment during the session.
Previous forex rates: Forex rates for January 8
