PKR strengthens, hits 88th straight gain against USD

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MG News | January 28, 2026 at 04:10 PM GMT+05:00

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January 28, 2026 (MLN): The Pakistani rupee (PKR) rose by 1.10 paisa  against the US dollar in Wednesday's interbank session to settle the trade at PKR 279.81 per USD, compared to previous closing of 279.82.

Throughout the day, the currency saw an intraday high (bid) of 280.3 and a low (ask) of 280.85.

This marks the 88th consecutive session of appreciation for the rupee in the interbank market, emphasizing continued stability in the local currency.

 

In the open market, exchange companies quoted the dollar at 280.60 for buying and 280.90 for selling.

In comparison to major currencies, PKR depreciated 3.68 rupees or 1.11% against the Euro, closing at 335.61 compared to the previous value of 331.93.

Against the British Pound, PKR depreciated by 3.54 rupees or 0.92% to 386.10 compared to 382.56 a day ago.

The local unit fell 6.31 rupees or 1.75% against Swiss franc to close at 365.89.

Against the Japanese Yen, PKR's value weakened 2.58 paisa or 1.43% to close the session at 1.8340 versus 1.8082 a day ago.

Pakistani Rupee fell 7.13 paisa or 0.18% against Chinese Yuan to close at 40.29 from 40.22.

The local currency appreciated by 1.39 paisa or 0.02% against Saudi Riyal to 74.61. While it increased by 0.19 paisa or 0.00% against the U.A.E Dirham to close at 76.18.

During the current fiscal year, PKR has appreciated against the US Dollar by 3.95 rupees or 1.41%. While it has rose 31.09 paisa or 0.11% so far this calendar year.

In the Money Market, the benchmark 6 Month Karachi Interbank Bid and Offer rates increased by 8bps to 10.23% and 10.48%.


Performance Summary

Currency Jan 28, 2026 Jan 27, 2026 1D 7D 1M FYTD CYTD
USD 279.8122 279.8232 0.0110 0.00% 0.0911 0.03% 0.3609 0.13% 3.9523 1.41% 0.3109 0.11%
EUR 335.6068 331.9263 -3.6805 -1.10% -7.7560 -2.31% -5.8991 -1.76% -2.9497 -0.88% -6.7563 -2.01%
GBP 386.0989 382.5603 -3.5386 -0.92% -9.9788 -2.58% -8.4956 -2.20% 2.7577 0.71% -8.9271 -2.31%
CHF 365.8872 359.5775 -6.3097 -1.72% -12.4070 -3.39% -11.1478 -3.05% -10.5598 -2.89% -12.6646 -3.46%
JPY 1.8340 1.8082 -0.0258 -1.41% -0.0617 -3.36% -0.0427 -2.33% 0.1360 7.42% -0.0448 -2.44%
SAR 74.6076 74.6215 0.0139 0.02% 0.0333 0.04% 0.0913 0.12% 1.0528 1.41% 0.0869 0.12%
AED 76.1819 76.1838 0.0019 0.00% 0.0237 0.03% 0.1013 0.13% 1.0855 1.42% 0.0940 0.12%
CNY 40.2894 40.2181 -0.0713 -0.18% -0.0968 -0.24% -0.3206 -0.80% -0.6860 -1.70% -0.2166 -0.54%

52 Week Performance

Currency High Low Trading Band % Since High % Since Low High Date Low Date Days Since High Days Since Low
USD 278.8728 284.9710 6.0982 -0.34% 1.84% 29-Jan-25 22-Jul-25 364 190
EUR 285.0438 335.6068 50.5630 -15.07% 0.00% 03-Feb-25 28-Jan-26 359 0
GBP 342.7641 390.0418 47.2777 -11.22% 1.02% 03-Feb-25 26-Jun-25 359 216
CHF 303.4906 365.8872 62.3966 -17.05% 0.00% 03-Feb-25 28-Jan-26 359 0
JPY 1.7602 1.9999 0.2397 -4.02% 9.05% 14-Jan-26 22-Apr-25 14 281
SAR 74.3482 75.9801 1.6319 -0.35% 1.84% 29-Jan-25 16-Jul-25 364 196
AED 75.9271 77.5864 1.6593 -0.33% 1.84% 29-Jan-25 22-Jul-25 364 190
CNY 38.2016 40.2894 2.0878 -5.18% 0.00% 11-Feb-25 28-Jan-26 351 0

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