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Homepage Blog Business PKR Outlook Uncertain Despite Stable Market Trend
Business

PKR Outlook Uncertain Despite Stable Market Trend

By
Ali
Last updated: September 2, 2025
2 Min Read
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The Pakistani rupee displayed resilience on 2 September 2025, with the dollar buying rate fixed at Rs 282.9 and the selling rate at Rs 283.70 in the open market. Interbank trading mirrored the same rate, indicating a rare alignment between both markets.

Currency observers described the situation as stable but fragile. The British pound closed at Rs 381.30 for buying and Rs 383.30 for selling, while the euro stood at Rs 328.5 and Rs 330.30. Among Gulf currencies, the Saudi riyal was priced at Rs 75.8 and Rs 76, while the UAE dirham reached Rs 77.45 and Rs 77.6.

Read More: Rupee Maintains Calm Amid Global Currency Movements

Analysts noted that the rupee’s stability came amid cautious optimism in the market. They argued that Pakistan’s external account pressures, including debt repayments and import bills, could still weigh heavily on the currency. Meanwhile, remittances from overseas Pakistanis and ongoing IMF commitments were expected to provide some support.

Other key exchange rates highlighted the rupee’s struggle against stronger currencies. The Canadian dollar traded between Rs 205 and Rs 210, the Australian dollar between Rs 184.1 and Rs 189.75, and the Chinese yuan hovered at Rs 39. The Kuwaiti dinar and Omani riyal, both historically strong, were valued at Rs 918.35 and Rs 736.70, respectively.

TAGGED:ForexPKRUSD

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