The Pakistani rupee continued its positive momentum on Friday, extending gains against the US Dollar for the 147th consecutive trading session. The currency showed slight improvement in the interbank market.
The rupee closed at 278.85 against the US Dollar, gaining one paisa during the day. This reflects continued stability in the foreign exchange market. The rupee has remained relatively steady despite global economic pressure.
Market activity remained calm throughout the session. The rupee also recorded gains against other major international currencies. Traders observed limited volatility in daily trading.
Despite the strong performance, market expectations remain mixed. A recent survey conducted by Topline Securities suggests possible pressure in the coming months. Many participants expect the US Dollar to stay above Rs. 285.
Around 59% of respondents believe the rupee to USD rate will remain above 285. Meanwhile, 31% expect the range to stay between 280 and 285. Only a small group, about 10%, expects the rupee to strengthen further to the 275–280 range.
The rupee has shown a long streak of stability over recent months. Earlier data indicated that the currency had appreciated for nearly 145 consecutive days against the US Dollar. This reflects strong short-term resilience.
In the current session, the interbank rate remains close to Rs. 278 per dollar. Analysts say the rupee is being supported by controlled demand and stable inflows.
However, experts also warn that external pressures may affect future movement. Import demand, inflation trends, and global financial conditions could influence the rupee’s direction.
In other currency updates, the rupee gained one paisa against the UAE Dirham. It remained stable against the Saudi Riyal, showing minimal movement in Gulf exchange rates.
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Overall, the rupee continues to show steady performance in the currency market. While short-term stability is visible, future trends will depend on broader economic conditions and foreign exchange dynamics.
