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Homepage Blog Business Rupee holds steady as dollar trades at Rs285 in open market
Business

Rupee holds steady as dollar trades at Rs285 in open market

By
Ali
Last updated: August 18, 2025
2 Min Read
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PKR

The Pakistani rupee showed resilience against the US dollar at the start of the week, with exchange rates across markets recording minimal fluctuations.

Data released on Monday indicated that the dollar was being exchanged at Rs284.65 for buying and Rs285.25 for selling in the open market on 18 August 2025. The interbank rate stood slightly lower at Rs282.15. The greenback maintained its previous level of Rs284, reflecting stability in trading activity.

Alongside the dollar, other international currencies also witnessed steady performance. The British pound moved between Rs380.20 and Rs382.90, while the euro traded at Rs328.8 for buying and Rs330.30 for selling. Gulf currencies remained broadly unchanged, with the Saudi riyal at Rs75.8 to Rs76 and the UAE dirham at Rs77.45 to Rs77.6.

Read More: Currency Market Sees PKR Edge Up

High-value currencies continued to dominate the market, with the Kuwaiti dinar surpassing Rs930 on the selling side, and the Omani riyal staying close to Rs747. The Qatari riyal also showed consistency, standing between Rs77.24 and Rs77.94.

Analysts highlighted that Pakistan’s currency market was benefiting from controlled import demand and an increase in overseas remittances during the current month. They also noted that the central bank’s vigilant monitoring had limited volatility despite global uncertainties.

Meanwhile, the Canadian dollar hovered around Rs205 to Rs210, while the Australian dollar traded between Rs182.75 and Rs187.75. The Chinese yuan was available at Rs39.03 to Rs39.43, and the Japanese yen continued to trade close to Rs1.8 to Rs1.9.

TAGGED:Financial Stabilityforex marketPakistani rupee

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