Islamabad, June 19, 2025: The Pakistani Rupee (PKR) saw a marginal drop against the US Dollar (USD) in interbank trading on Wednesday, but showed significant strength against the British Pound (GBP), reflecting a mixed currency trend for the day.
The interbank rate hovered steadily between 283-284 per USD, eventually closing at Rs. 283.64, marking a minor depreciation of eight paisas or 0.03% on a day-on-day (DoD) basis. Meanwhile, in the open market, the USD to PKR rate remained volatile, briefly reaching Rs. 288 before settling back within the 284-287 range mid-session.
In contrast, the PKR to GBP rate witnessed a notable recovery. The rupee traded strongly around Rs. 387 per pound for most of the session, closing the day between Rs. 384-386 in the open market, signaling a robust rebound from earlier levels.
Despite a soft performance against the greenback, the rupee posted gains across multiple major currencies. It appreciated by:
- Rs. 1.31 against the British Pound (GBP)
- Rs. 1.23 versus the Euro (EUR)
- 82 paisas against the Canadian Dollar (CAD)
- 76 paisas versus the Australian Dollar (AUD)
On the flip side, minor losses were observed against the UAE Dirham (AED) and Saudi Riyal (SAR), each slipping by two paisas.
So far in the current fiscal year, the PKR has weakened by 1.79% against the US Dollar, reflecting ongoing pressure in the foreign exchange market.
Read More: Pakistan Tiles Market – Types, Prices & Best Brands
Market analysts note that while the USD to PKR exchange rate remains relatively stable, fluctuations against other major currencies indicate varying demand and supply dynamics across global forex markets.
Read More: Finland Moves Visa Center for Pakistani Students
