Rupee Edges Up to 279.99 vs Dollar

Pakistan’s rupee inched up one paisa to close at 279.99 against the US dollar, extending a 40-session recovery streak in the interbank market.

Pakistan’s rupee strengthened marginally on Wednesday, closing at 279.99 per dollar in the interbank market after gaining one paisa from the previous close of 280.00, according to State Bank of Pakistan data.Pakistani Rupee Posts Marginal Gain

The move marked another session in what currency dealers described as an unusually slow but steady rally. The rupee has now posted gains for about 40 consecutive sessions since late December, recovering more than Rs6.5 from 2025 lows near 286 against the dollar.

Traders said the incremental advance reflects controlled market conditions rather than aggressive dollar selling. Volumes remained thin, and the one-paisa movement underscored cautious positioning by banks and corporates.

In the open market, the rupee traded in a slightly weaker band around 280.50 to 281.00 per dollar. Dealers said limited demand and subdued importer activity kept rates largely range-bound outside the interbank segment.