The Pakistani rupee posted a gain against the US dollar in the inter-bank market and closed at 280.10, registering a gain of Rs0.01.

The Pakistani rupee on Monday strengthened slightly against the US dollar in early interbank trading, which gained 0.06% during the opening minutes.

It reflected steady demand-supply conditions. At 10 am, the rupee was trading at 279.93, which was up Rs 0.18 against the US dollar.

The modest appreciation has followed gains recorded in the previous week. The rupee welcomed 2026 with another advance, which had surged Rs0.06, or 0.02%, in the interbank market.

The Pakistani rupee had closed last week at 280.11, against 280.17 a week earlier. The State Bank of Pakistan had reported the closing figures.

Currency dealers said the rupee’s movement had reflected cautious stability in the domestic foreign exchange market. Trading volumes had remained thin during the early hours, while limiting sharp swings.

Internationally, the US dollar had started the first full trading week of the New Year on a stronger footing. The US dollar jumped up to a three-and-a-half-week high against the euro.

The dollar surged 0.1% to $1.1704 against the euro after earlier touching $1.170025. That had marked its strongest level since December 11.

The dollar climbed 0.2% to 157.08 against the yen after hitting 157.255. The move has marked the highest level since December 22.

The dollar also advanced 0.1% to $1.3443 against the British pound. It also gained 0.1% to C$1.3745 against the Canadian dollar.Pakistani Rupee Continues Gaining

The Australian dollar also weakened 0.2% to $0.6682 amid broad US dollar strength.

Oil prices, which are a key input for currency parity in Pakistan, also edged higher on Monday. Investors had assessed potential supply risks linked to political developments in Venezuela.

Sentiment stayed cautious after US President Donald Trump had seized Venezuelan President Nicolas Maduro.

Brent crude futures surged 17 cents to $60.92 a barrel by 0024 GMT, while trimming earlier losses. US West Texas Intermediate crude also surged 11 cents to $57.43 a barrel.