Pakistani rupee posts 31st straight gain vs US dollar
The rupee closed at 281.46 in inter-bank trade on Friday, which extended its longest streak of appreciation against the greenback.
The Pakistani rupee registered its 31st consecutive gain against the US dollar in the inter-bank market on Friday.
Currency Converter
Interbank closing #ExchangeRate for todayhttps://t.co/Mzrd7PAGWH#sbpexchangerate pic.twitter.com/XLqYFanLp0
— SBP (@StateBank_Pak) September 19, 2025
It closed at 281.46 per dollar against 281.47 a day earlier. The marginal Re0.01 improvement has highlighted the local currency’s steady momentum amid global dollar weakness and easing oil prices.
In the open market, the rupee appreciated by 3 paise for buying while holding steady for selling, finishing at 281.98 and 282.50, respectively.
| Currency | Buying Rate (PKR) | Selling Rate (PKR) | Change (Buying) | Change (Selling) |
|---|---|---|---|---|
| USD (Inter-bank) | 281.46 | 281.65 | +0.01 | +0.01 |
| USD (Open-market) | 281.98 | 282.50 | +0.03 | 0.00 |
| Euro | 331.76 | 335.05 | +1.54 | +1.33 |
| UAE Dirham | 77.10 | 77.88 | +0.02 | +0.04 |
| Saudi Riyal | 75.14 | 75.82 | +0.06 | +0.03 |
The rupee also appreciated against major currencies and gained Rs1.54 and Rs1.33 against the euro, which closed at 331.76 for buying and 335.05 for selling.
Against the UAE dirham, the rupee also went up to 77.10 for buying and 77.88 for selling. Against the Saudi riyal, it also ended at 75.14 and 75.82 after gains of 6 paise and 3 paise, respectively.
The rupee’s performance comes against the backdrop of a broadly softer US dollar. Globally, the dollar index was up by 0.1% on Friday after retreating to a three-and-a-half-year low earlier in the week.Dollar Steady as Rupee Holds Firm in Open Market
It follows the Federal Reserve’s decision to cut interest rates by 25 basis points. The Fed, however, signalled not to rush into further reductions. Despite the slight rebound, the greenback is heading for a third consecutive weekly loss.
The dollar also inched higher against the yen. It was traded at 148.08 after Japanese data showed core consumer inflation which slowed to its weakest pace in nine months. The Bank of Japan may maintain its benchmark interest rate at 0.5% as it weighs domestic economic pressures alongside a global slowdown.
Oil prices play a critical role in shaping Pakistan’s external account dynamics. It declined on Friday amid concerns over abundant supply and sluggish demand. Brent crude futures slipped 1.44% to $66.47 per barrel.
US West Texas Intermediate dropped by 1.13% to $62.85.
The rupee’s resilience over the past 31 trading sessions reflects a combination of improved sentiment in domestic markets and a supportive global backdrop.
