PKR appreciates marginally against USD

November 12, 2026 (MLN): The Pakistani rupee posted marginal gains against the US dollar in the interbank market on Thursday, appreciating 0.77 paisa to close at PKR 276.61 compared to the previous session's closing of PKR 276.62.

During the trading session, the dollar recorded an intraday high bid of PKR 276.75 and a low ask of PKR 276.60.

In the open market, exchange companies quoted the US dollar at PKR 277.20 for buying and PKR 279.50 for selling.

Against other major currencies, the local currency recorded broad-based gains, strengthening by PKR 1.50 or 0.49% against the Euro to settle at PKR 306.78, down from PKR 308.28 in the previous session.

Similarly, the rupee appreciated PKR 1.42 or 0.39% against the British Pound, closing at PKR 367.09 compared to PKR 368.51 a day earlier.

The local unit also gained PKR 1.47 or 0.44% against the Swiss Franc, settling at PKR 332.51.

Against the Japanese Yen, the rupee advanced 0.89 paisa or 0.51% to close at PKR 1.7318, compared to the previous closing of PKR 1.7407.

However, the rupee weakened slightly against the Chinese Yuan, losing 0.76 paisa or 0.02% to settle at PKR 41.48 against PKR 41.47 in the preceding session.

Against Gulf currencies, the local unit edged up 0.11 paisa against the Saudi Riyal to PKR 73.70, while depreciating 0.30 paisa against the UAE Dirham to close at PKR 75.31.

On a cumulative basis, the rupee has strengthened by PKR 1.55 or 0.56% against the US dollar during the current fiscal year. Its appreciation since the beginning of the calendar year stands at PKR 3.51 or 1.27%.

Meanwhile, in the money market, the benchmark six-month Karachi Interbank Bid and Offer (KIBOR) rates declined by 11 basis points each to 12.14% and 12.39%, respectively.

Performance Summary

52 Week Performance

Copyright Mettis Link News