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October 30, 2026 – The Pakistani rupee (PKR) edged higher against the US dollar in interbank trade on Friday, closing at 276.75 per dollar, compared to 276.76 in the previous session.
During the trading session, the local currency recorded an intraday high bid of PKR 276.80 and a low ask of PKR 276.70.
In the open market, exchange companies quoted the dollar at PKR 277.25 for buying and PKR 279.75 for selling.
Against several major international currencies, the rupee weakened.
Against the euro, the local currency depreciated by 1.51 rupees, or 0.49%, to close at 309.80, compared to the previous close of 308.28.
The rupee also lost 2.74 rupees, or 0.74%, against the British pound, settling at 371.19 versus 368.45 a day earlier.
Similarly, the local unit declined by 2.94 rupees, or 0.88%, against the Swiss franc to close at 337.11.
Against the Japanese yen, the rupee weakened by 0.36% to settle at 1.7592, compared to 1.7529 in the previous session.
The local currency also depreciated by 3.60 paisa, or 0.09%, against the Chinese yuan, closing at 41.58 compared to 41.55 a day earlier.
Meanwhile, the rupee strengthened against regional currencies. It gained 0.65 paisa against the Saudi riyal to settle at 73.75 and appreciated by 0.98 paisa against the UAE dirham to close at 75.35.
During the current fiscal year, the rupee has appreciated by 1.41 rupees, or 0.51%, against the US dollar. Its gain against the greenback has reached 3.37 rupees, or 1.22%, so far in the current calendar year.
In the money market, the benchmark six-month Karachi Interbank Bid and Offer rates (KIBOR) increased by 2 basis points, with the bid rate rising to 12.41% and the offer rate reaching 12.66%.
