Pakistani rupee edges higher against US dollar

The Pakistani rupee gained marginally against the US dollar which appreciated 0.01% on Friday and settled at 281.37 during closing session.

Pakistani currency closed at 281.37 and gained Rs0.04 against US dollar.

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The Pakistani rupee on Friday appreciated 0.06% against the US dollar in the opening session of intra-day trading in the interbank market, backed by firmer oil prices and global currency market movements.

At 10 am, the Pakistani rupee stood at 281.23 against the US dollar in the inter-bank market, registering an increase of Rs 0.18. The market closed a 281.41 on Thursday.

The dollar index tracks the US dollar against a basket of major currencies. It rose 0.6% on Thursday following better-than-forecast US data on economic growth, unemployment claims, durable goods orders, and wholesale inventories.

The index hovered around 98.473 on Friday. This was near a three-week high and set for a 0.8% weekly gain. The stronger dollar has pressured rival currencies. The Japanese yen was traded at an eight-week low, and the euro slid 0.6% to $1.1665.

The yen traded near 149.81 against the dollar. It almost breached the 150 mark for the first time since August 1, following the announcement of US President Donald Trump a new wave of tariffs.

Traders are now awaiting US consumer spending data, which is due later Friday, for further clues on the strength of the world’s largest economy and the possible additional stimulus measures from the Fed.

Market forecasts currently place an 87.7% probability on a 25 basis point rate cut in October. This is slightly lower than the 90%–92% odds earlier in the week, according to Fed futures pricing.

Read More: USD to PKR on September 25, 2025

Experts say that any shift in monetary policy outlook could impact capital flows into emerging markets. They included Pakistan, where the rupee’s trajectory remains closely tied to external conditions.

Meanwhile, oil prices play a critical role in Pakistan’s external balance. They extended their upward trend on Friday. Brent crude futures inched up 15 cents to $69.57 per barrel. US West Texas Intermediate (WTI) gained 23 cents to $65.21.

Both benchmarks have surged more than 4% this week, which is the sharpest weekly rise since mid-June. Analysts have attributed the rally to heightened geopolitical risks after Ukraine’s strikes on Russian energy infrastructure. It prompted Moscow to tighten fuel exports and signal possible crude production cuts.

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