The Pakistani rupee (PKR) continued its positive trend against the US dollar for the second consecutive day. The interbank rate remained stable throughout the trading session, closing at 278.
While the rupee appreciated against the US dollar, it depreciated against most other major currencies. The PKR lost ground against the Canadian dollar, Australian dollar, euro, and British pound.
On a year-to-date basis, the rupee has appreciated by 0.06 percent. However, it has depreciated by Rs. 51.52 since January 2023 and by Rs. 95.52 since April 2022.