PKR inches higher against USD

MG News | February 04, 2026 at 03:25 PM GMT+05:00

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February 04, 2026 (MLN): The Pakistani rupee (PKR) increased by 2.83 paisa against the US dollar in Wednesday's interbank session to settle the trade at PKR 279.72 per USD, compared to previous closing of 279.75.

Throughout the day, the currency saw an intraday high (bid) of 279.80 and a low (ask) of 279.70.

In the open market, exchange companies quoted the dollar at 280.30 for buying and 280.80 for selling.

In comparison to major currencies, PKR deteriorated 40.01 paisa or 0.12% against the Euro, closing at 330.95 compared to the previous value of 330.55.

Against the British Pound, PKR deteriorated by 53.46 paisa or 0.14% to 383.70 compared to 383.16 a day ago.

The local unit fell 52.01 paisa or 0.14% against Swiss franc to close at 360.47.

Against the Japanese Yen, PKR's value gained 1.21 paisa or 0.67% to close the session at 1.7882 versus 1.8003 a day ago.

Pakistani Rupee strengthened 0.32 paisa or 0.01% against Chinese Yuan to close at 40.33 from 40.33.

The local currency gained by 0.76 paisa or 0.01% against Saudi Riyal to 74.59. While it increased by 1.60 paisa against the U.A.E Dirham to close at 76.16.

During the current fiscal year, PKR has gained against the US Dollar by 4.04 rupees or 1.44%. While it has appreciated 39.96 paisa or 0.14% so far this calendar year.

In the Money Market, the benchmark 6 Month Karachi Interbank Bid and Offer rates inched up by 1bps to 10.25% and 10.50%.

Performance Summary

Currency	Feb 04, 2026	Feb 03, 2026	1D		7D		1M		FYTD		CYTD
USD	279.7235	279.7518	0.0283	0.01%	0.0887	0.03%	0.3885	0.14%	4.0410	1.44%	0.3996	0.14%
EUR	330.9549	330.5548	-0.4001	-0.12%	4.6519	1.41%	-2.2014	-0.67%	1.7022	0.51%	-2.1044	-0.64%
GBP	383.6967	383.1621	-0.5346	-0.14%	2.4022	0.63%	-6.6519	-1.73%	5.1599	1.34%	-6.5249	-1.70%
CHF	360.4684	359.9483	-0.5201	-0.14%	5.4188	1.50%	-7.3266	-2.03%	-5.1410	-1.43%	-7.2458	-2.01%
JPY	1.7882	1.8003	0.0121	0.68%	0.0458	2.56%	-0.0039	-0.22%	0.1818	10.17%	0.0010	0.06%
SAR	74.5909	74.5985	0.0076	0.01%	0.0167	0.02%	0.1017	0.14%	1.0695	1.43%	0.1036	0.14%
AED	76.1567	76.1727	0.0160	0.02%	0.0252	0.03%	0.1099	0.14%	1.1107	1.46%	0.1192	0.16%
CNY	40.3257	40.3289	0.0032	0.01%	-0.0363	-0.09%	-0.2736	-0.68%	-0.7223	-1.79%	-0.2529	-0.63%

52 Week Performance

Currency	High	Low	Trading Band	% Since High	% Since Low	High Date	Low Date	Days Since High	Days Since Low
USD	278.9561	284.9710	6.0149	-0.27%	1.88%	04-Feb-25	22-Jul-25	365	197
EUR	287.6661	335.6068	47.9407	-13.08%	1.41%	11-Feb-25	28-Jan-26	358	7
GBP	344.5042	390.0418	45.5376	-10.21%	1.65%	11-Feb-25	26-Jun-25	358	223
CHF	306.1691	365.8872	59.7181	-15.06%	1.50%	12-Feb-25	28-Jan-26	357	7
JPY	1.7602	1.9999	0.2397	-1.57%	11.84%	14-Jan-26	22-Apr-25	21	288
SAR	74.3724	75.9801	1.6077	-0.29%	1.86%	04-Feb-25	16-Jul-25	365	203
AED	75.9488	77.5864	1.6376	-0.27%	1.88%	04-Feb-25	22-Jul-25	365	197
CNY	38.2016	40.3289	2.1273	-5.27%	0.01%	11-Feb-25	03-Feb-26	358	1

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