The PKR continued to strengthen against the US Dollar on Thursday, extending its positive run to 199 consecutive trading days. The local currency posted another small gain in the interbank market, reflecting its steady performance over the past several months.
According to the latest exchange rate data, the PKR closed at 277.97 against the US Dollar after gaining three paisas during Thursday’s trading session. The improvement brought the rupee back into the 277 per dollar range for the first time in 21 months.
This marks the strongest level for the Pakistani rupee since October 2024, when it was last seen trading at around Rs. 277 against the US Dollar. Since then, the currency had remained above the 278 level before gradually recovering.
The PKR has maintained its upward trend against the greenback since December 25, 2025. Thursday’s gain represents the 199th straight trading day in which the local currency has either appreciated or held its strength against the US Dollar.
The continued recovery highlights the rupee’s stable performance in the foreign exchange market. Market participants closely monitor the dollar exchange rate because it plays a key role in Pakistan’s trade, imports, exports, and overall economic activity.
In addition to the US Dollar, the Pakistani rupee also recorded gains against two major regional currencies. The PKR appreciated by one paisa against the UAE Dirham (AED) during the latest trading session.
The local currency also strengthened by three paisas against the Saudi Riyal (SAR). These modest gains added to the rupee’s positive performance for the day.
However, the PKR did not perform equally well against all international currencies. It weakened against several major global currencies during Thursday’s trading.
The rupee lost Rs. 4.24 against the British Pound (GBP), recording the largest decline among the major currencies.
It also depreciated by Rs. 1.08 against the Euro (EUR) during the same session.
Against the Australian Dollar (AUD), the PKR fell by Rs. 1.59. It also declined by Rs. 1.63 against the Canadian Dollar (CAD).
Exchange rates often move differently across currencies due to changes in global financial markets, international demand, and economic conditions. As a result, gains against one currency do not always translate into gains against others.
Despite the losses against the Pound, Euro, Australian Dollar, and Canadian Dollar, the continued appreciation against the US Dollar remains an important development for Pakistan’s financial markets.
In other related news also read PKR Continues Gains Against US Dollar for 153rd Consecutive Day
The latest performance shows that the PKR continues to maintain its positive momentum against the greenback while experiencing mixed movements against other major currencies. Investors, businesses, and financial institutions will continue monitoring future exchange rate trends as global and domestic economic conditions evolve.`
