Karachi, January 27, 2026 – The Pakistani rupee on Tuesday appreciated by 3 paisa against the US dollar, supported by an improved economic outlook and positive market sentiment.
According to the State Bank of Pakistan (SBP), the US dollar closed at Rs279.82 in the interbank foreign exchange market, down slightly from Monday’s closing of Rs279.85.
Currency analysts noted that the rupee has been gradually strengthening over the past few months, reflecting growing confidence in Pakistan’s economic stability. Experts attribute this gradual appreciation to the latest monetary policy report released by the SBP, which highlighted improving economic indicators, controlled inflation, and stronger foreign exchange reserves.
Market sources also pointed out behavioral factors affecting the currency movement. Importers have shown cautiousness in purchasing dollars for their foreign obligations due to past fluctuations, limiting demand in the interbank market. Meanwhile, overseas Pakistanis and local exporters have been selling dollars in the domestic market to capitalize on attractive exchange rates, providing additional support to the rupee.
Dealers expect the local currency to maintain relative stability in the short term if positive economic trends continue and foreign inflows remain steady. However, they caution that global economic uncertainties and geopolitical developments could influence future exchange rate movements.
Investors and businesses are advised to monitor both interbank and open market rates closely, as minor fluctuations continue to impact import-export transactions and remittances.