The Pakistani Rupee finished fiscal year 2025-26 with gains against the world’s three leading currencies. The local currency appreciated against the US dollar, the British pound, and the euro. The stronger performance reversed the losses recorded during the previous fiscal year.
At the close of FY26, the Pakistani Rupee settled at Rs. 278.1614 against the US dollar. At the beginning of the fiscal year, the exchange rate was Rs. 283.95 per dollar. This means the currency gained Rs. 5.79 over the year, representing an appreciation of about 2.04 percent.
The latest recovery marked a significant improvement compared with FY25. During the previous fiscal year, the rupee had weakened by around 1.95 percent against the US dollar. It ended FY25 at Rs. 283.76 compared with Rs. 278.34 at the close of FY24.
The Pakistani Rupee came under pressure during the early months of FY26. On July 23, 2025, it reached its weakest level of Rs. 285.224 against the US dollar. However, the currency gradually recovered as economic conditions improved during the year.
From its lowest level, the rupee appreciated by Rs. 7.06 against the dollar. This represented a recovery of nearly 2.48 percent by the end of the fiscal year. The improvement reflected greater stability in the foreign exchange market.
The currency remained relatively stable after December 2025. The recovery was supported by strong remittance inflows and improving foreign exchange reserves. These factors helped strengthen confidence in Pakistan’s economy and supported the value of the local currency.
By the end of FY26, the US dollar had fallen below the Rs. 279 level in the interbank market. This gave the Pakistani Rupee its strongest year-end position since FY24.
The local currency also posted impressive gains against the British pound. At the start of FY26, one pound traded at Rs. 389.1876. By the end of the fiscal year, the exchange rate had improved to Rs. 368.0214. This reflected an appreciation of Rs. 21.1662, or around 5.44 percent.
The Pakistani Rupee also strengthened against the euro during the same period. The exchange rate improved from Rs. 334.4696 per euro to Rs. 316.9231. The local currency recovered Rs. 17.5465, representing an increase of about 5.25 percent.
In other related news also read Pakistani Rupee Gains Against US Dollar and Major Currencies
The stronger performance of the Pakistani Rupee highlights improved economic stability during FY26. Continued support from remittances and stronger foreign exchange reserves helped reverse the previous year’s losses. The latest figures show a more stable outlook for Pakistan’s currency compared with the previous fiscal year.
