The Pakistani Rupee (PKR) recorded a minor depreciation of 10 paisa against the US Dollar in the interbank market on Thursday, closing at Rs. 284.56, down from the previous day’s closing of Rs. 284.46, according to data from the State Bank of Pakistan (SBP).
In the open market, the Forex Association of Pakistan (FAP) reported buying and selling rates for the US Dollar at Rs. 286.5 and Rs. 287.5, respectively. Some currency exchange counters in Islamabad even quoted the dollar at Rs. 290, reflecting slight volatility in retail trade.
READ MORE: Samsung Galaxy Z Fold 7 Unveiled: Thinner Body, 200MP Camera, and Major Display Upgrades
📈 Other Major Currencies (Interbank Rates):
- Euro: Gained Rs. 0.76, now at Rs. 333.87, up from Rs. 333.11
- Japanese Yen: Up by 01 paisa, now trading at Rs. 1.94
- British Pound: Increased by Rs. 0.69, closing at Rs. 387.30 compared to Rs. 386.61
- Emirates Dirham (AED): Rose by 03 paisa to Rs. 77.47
- Saudi Riyal (SAR): Up by 02 paisa, now at Rs. 75.86
These adjustments reflect ongoing fluctuations in global currency markets, geopolitical uncertainties, and Pakistan’s evolving economic conditions. The slight depreciation of the Rupee may also be attributed to demand pressure and adjustments in the interbank foreign exchange mechanism.
