The Pakistani rupee continued its recent positive run against the US dollar and several other major currencies on Wednesday, with the British pound falling further against the rupee.
According to the latest exchange-rate data, the pound declined by around 88 paisas against the Pakistani rupee, closing at approximately Rs368.82.
The latest movement brings the pound closer to the Rs365 level, which has become a key point of attention in the currency market.
Meanwhile, the Pakistani rupee also recorded another gain against the US dollar, extending its streak of consecutive daily improvements.
Rupee Gains Against US Dollar
The Pakistani rupee closed at around Rs277.20 against the US dollar on Wednesday.
The rupee gained approximately one paisa against the dollar during the latest trading session.
According to the reported exchange-rate data, the rupee has continued to record gains against the US dollar since December 25, 2025.
Wednesday’s movement marked the 246th consecutive day on which the rupee closed higher against the US dollar.
The sustained movement has kept the local currency under close observation as traders and businesses monitor exchange-rate developments.
Pound Moves Closer to Rs365
The British pound recorded one of the more notable declines against the rupee among the major currencies tracked during the session.
The pound fell by approximately 88 paisas, closing at Rs368.8206.
The previous reported rate stood at Rs369.7062, meaning the latest movement brought the pound below the Rs369 level.
The pound’s continued decline against the rupee has raised attention around the possibility of the exchange rate moving closer to Rs365 per pound if the current trend continues.
However, future exchange rates remain subject to movements in international currency markets and changes in the value of the Pakistani rupee.
Euro Also Declines Against Rupee
The Pakistani rupee also strengthened against the euro during Wednesday’s session.
The euro fell by approximately 45 paisas, reaching around Rs316.58.
The euro had been trading at Rs317.0356 on September 22 before declining to Rs316.5814 on September 23.
The movement represents another gain for the Pakistani currency against a major international currency.
Australian and Canadian Dollars Fall
The rupee also gained against the Australian dollar and Canadian dollar.
The Australian dollar declined by around 23 paisas, falling from Rs196.6416 to approximately Rs196.4132.
Meanwhile, the Canadian dollar dropped by about 54 paisas, moving from Rs197.3263 to approximately Rs196.7873.
The movements show that the rupee recorded gains against several major currencies during Wednesday’s trading session.
UAE Dirham and Saudi Riyal Remain Stable
The Pakistani rupee remained broadly stable against the UAE dirham and Saudi riyal.
The UAE dirham was quoted at around Rs75.48, compared with Rs75.4796 in the previous session.
The Saudi riyal stood at approximately Rs73.82, showing only a small movement from the previous rate of Rs73.8135.
Both currencies therefore remained relatively stable compared with the larger movements recorded against the pound, euro, Australian dollar and Canadian dollar.
Currency Rates on September 23
The latest reported exchange rates are as follows:
| Currency | September 22, 2026 | September 23, 2026 | Change |
|---|---|---|---|
| USD | Rs277.2138 | Rs277.2045 | +Rs0.0093 |
| EUR | Rs317.0356 | Rs316.5814 | +Rs0.4542 |
| GBP | Rs369.7062 | Rs368.8206 | +Rs0.8856 |
| AUD | Rs196.6416 | Rs196.4132 | +Rs0.2284 |
| MYR | Rs67.9612 | Rs67.9673 | -Rs0.0061 |
| CNY | Rs41.3638 | Rs41.3377 | +Rs0.0261 |
| CAD | Rs197.3263 | Rs196.7873 | +Rs0.5390 |
| AED | Rs75.4796 | Rs75.4811 | -Rs0.0015 |
| SAR | Rs73.8135 | Rs73.8169 | -Rs0.0034 |
Rupee Performance Remains in Focus
The latest currency-market movement comes as the Pakistani rupee continues to record a prolonged period of gains against the US dollar.
While the dollar remained close to the Rs277 level, the rupee made more noticeable gains against several other currencies, particularly the British pound.
The pound’s move to Rs368.82 has placed the currency closer to the Rs365 level, although exchange rates can change from one trading session to another.
Businesses, importers, exporters and consumers continue to monitor these movements because changes in foreign exchange rates can influence the cost of imported goods, international payments and overseas transactions.
For now, Wednesday’s data shows another session of gains for the Pakistani rupee against several major currencies, with the British pound among those recording the largest decline.
Also read: Pakistani Rupee Rises Against Dollar, Euro, and Pound
