On July 31, 2025, the Pakistani Rupee (PKR) appreciated slightly against the US Dollar (USD), closing at PKR 282.87 in the interbank market. This marks a gain of 8 paisa or 0.03% compared to the previous day.
Throughout the trading session, the PKR remained mostly stable, with intraday movement between 283.0 (bid) and 285.7 (ask). The exchange rate in the open market saw the dollar offered at PKR 283.05 for buying and PKR 285.80 for selling.
Exchange rates against other global currencies reflected a mixed trend. The PKR lost ground against the Euro (EUR) and the Swiss Franc (CHF), while it posted slight gains against the British Pound (GBP) and Saudi Riyal (SAR). It remained nearly unchanged against the Japanese Yen (JPY) and UAE Dirham (AED).
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Interbank lending rates also showed consistency. The Karachi Interbank Bid and Offer Rates (KIBOR) for six months remained unchanged at 10.72% and 10.97%.
So far this year, the PKR has weakened by Rs7.10, a depreciation of around 2.50%. Since the start of the current fiscal year, the drop has been relatively minor at 11.79 paisa.