The Pakistani rupee (PKR) closed in green against the US Dollar (USD) for the 139th consecutive day on Tuesday.
It is for the first time in almost two years that the PKR has risen to 278/$. This level was last seen in March-June 2024, research showed.
Meanwhile, it posted losses against most of the other major currencies during today’s session. The PKR closed at 278.97 after gaining three paisas against the US Dollar today.
The PKR last consistently closed around the 278 per USD level in March-June 2024, when interbank rates hovered in a narrow band near that mark following temporary stabilization in external inflows and IMF-linked reforms.
After that phase, the currency largely traded above 278 through 2025 due to a lot of pressure from imports and external financing gaps.
Its return to around 278 in April 2026 means the rupee has come back to its mid-2024 stability zone after roughly 22–24 months.
Sindh Police’s high-cost smart surveillance project has failed to deliver the expected results in Karachi,…
English County club Yorkshire have signed Karachi Kings fast bowler Hasan Ali for the upcoming…
Pakistan has formally offered to host a second round of negotiations between the United States…
Karachi: ABHI Microfinance Bank Limited has entered into a strategic agreement with EFU Life Assurance…
Algeria: Algeria will host the 57th edition of the Algiers International Fair, under the high…
Karachi: The Consumers Association of Pakistan (CAP) successfully hosted its Eid Milan Get-Together 2026 at…
This website uses cookies.