The Pakistani Rupee gains for the 94th consecutive day against the US Dollar, marking a significant streak in the country’s currency market. On Wednesday, the PKR closed at 279.72 against the USD, reflecting a gain of three paisas during the day’s interbank session. This consistent rise has been welcomed by market watchers and investors who have been tracking the rupee’s performance over the past months.
Pakistani Rupee Gains Against Major Currencies
The PKR not only strengthened against the US Dollar but also posted mixed results against other global currencies in today’s trading session. While it saw marginal gains against some currencies, it experienced slight declines against others.
Gains Recorded by the PKR
- US Dollar (USD): PKR gained 0.0283, closing at 279.7235.
- Australian Dollar (AUD): Slight increase of 0.0339 paisas.
- UAE Dirham (AED): Gained 0.0160 paisas.
- Saudi Riyal (SAR): Rose by 0.0076 paisas.
- Malaysian Ringgit (MYR): Increased by 0.0616 paisas.
- Chinese Yuan (CNY): Marginal gain of 0.0032 paisas.
These gains indicate a generally positive trend for the PKR in the interbank currency market.
Declines Recorded by the PKR
- British Pound (GBP): Fell by 0.5346 paisas.
- Euro (EUR): Declined by 0.4001 paisas.
- Canadian Dollar (CAD): Dropped by 0.3324 paisas.
Despite minor losses against some currencies, the overall trajectory of the PKR remains upward, driven by stable market conditions and positive investor sentiment.
Daily Currency Table Overview
| Currency | 02-Feb-2026 | 03-Feb-2026 | 04-Feb-2026 | Change (+/-) |
|---|---|---|---|---|
| USD | 279.7603 | 279.7518 | 279.7235 | 0.0283 |
| EUR | 331.6559 | 330.5548 | 330.9549 | -0.4001 |
| GBP | 382.8101 | 383.1621 | 383.6967 | -0.5346 |
| AUD | 194.2656 | 196.8893 | 196.8554 | 0.0339 |
| MYR | 70.9692 | 71.2653 | 71.2037 | 0.0616 |
| CNY | 40.2397 | 40.3289 | 40.3257 | 0.0032 |
| CAD | 204.9451 | 204.8563 | 205.1887 | -0.3324 |
| AED | 76.1667 | 76.1727 | 76.1567 | 0.0160 |
| SAR | 74.5888 | 74.5985 | 74.5909 | 0.0076 |
Factors Behind Pakistani Rupee Gains
Several key factors have contributed to the Pakistani Rupee gains streak:
- Steady Foreign Exchange Inflows: Remittances from overseas Pakistanis continue to support the rupee’s stability.
- Market Confidence: Investor confidence remains high due to positive economic indicators and fiscal management.
- Central Bank Policies: Strategic interventions by the State Bank of Pakistan have helped smooth volatility.
- Global Currency Trends: Relative weakness in the US Dollar against emerging market currencies has indirectly boosted the PKR.
Outlook for Pakistani Rupee
Market analysts expect the Pakistani Rupee gains to continue in the short term, especially if economic conditions remain stable and foreign exchange inflows continue. Traders, importers, and exporters are closely monitoring these trends to make informed decisions.
Conclusion
The Pakistani Rupee gains for the 94th straight day highlight a remarkable period of stability and growth in Pakistan’s currency market. While minor fluctuations occur against certain currencies, the overall trend remains positive, benefiting businesses, investors, and everyday consumers. Keeping track of daily interbank rates can provide valuable insights for financial planning and strategic decision-making.
