Karachi, February 23, 2026 – The Pakistani rupee maintained steady growth against the US dollar on Monday, closing at Rs279.55, according to the State Bank of Pakistan (SBP). The rupee gained one paisa compared to last Friday’s closing of Rs279.56 in the interbank foreign exchange market.
Currency dealers said the market observed sufficient supply of the US dollar, which helped the rupee remain stable despite higher demand for import payments typically seen at the start of the week. The inflow of foreign currency offset the usual pressure on the rupee, preventing significant depreciation.
Analysts noted that remittance inflows ahead of Ramazan and Eid-ul-Fitr supported the local currency. In addition, a nominal increase in foreign exchange reserves and positive expectations regarding upcoming International Monetary Fund (IMF) visits further strengthened market confidence.
Experts believe the rupee’s stability reflects a balance between demand for imports and foreign currency inflows, highlighting effective liquidity management by banks and the SBP. Investors and importers are advised to monitor currency movements closely as global economic factors and seasonal remittances continue to influence the forex market.
The rupee’s resilience signals cautious optimism for Pakistan’s currency market amid ongoing economic and fiscal developments.
The information provided in this article is for general informational purposes only and is based on sources believed to be reliable. Currency exchange rates and market conditions are subject to rapid change, and the State Bank of Pakistan or other authorities may update rates without prior notice. Readers should exercise caution, verify information from official sources, and consult financial advisors before making any investment, trading, or financial decisions. The publisher does not accept responsibility for any losses or damages arising from reliance on this content.