Karachi, December 26, 2025 — The Pakistani rupee gained 3 paisa against the US dollar in the interbank foreign exchange market on Friday, continuing its gradual upward trend amid improving economic indicators.
According to the State Bank of Pakistan (SBP), the US dollar closed at Rs280.17, down from the previous interbank closing of Rs280.20 on December 24, 2025. Currency dealers noted that despite the market reopening after the public holiday, the rupee retained its stable position, reflecting steady demand and cautious trading. The interbank market remained closed on December 25 in observance of Christmas and Quaid-e-Azam Day.
Market participants highlighted that importers exercised caution due to the recent appreciation of the rupee, while exporters actively sold dollars to take advantage of favorable exchange rates. Analysts attributed the rupee’s gradual strengthening to improved economic indicators, including rising foreign exchange reserves and steady inflows of workers’ remittances, which have supported the country’s currency position in the short term.
Financial experts forecast that the rupee is likely to maintain stability through the end of December 2025. However, they warned that as economic activities pick up, the increased local demand for imported raw materials could put pressure on the currency, potentially leading to higher demand for the US dollar.
Overall, the gradual strengthening of the rupee provides optimism for exporters and importers alike, reflecting cautious confidence in Pakistan’s foreign exchange market as the year draws to a close.