Karachi, August 22, 2025 – The Pakistani rupee recorded a slight improvement against the US dollar on Friday, closing at PKR 281.90 in the interbank foreign exchange market.
The rupee gained two paisas compared to the previous day’s closing of PKR 281.92, reflecting a marginal yet positive adjustment in interbank trading. Currency experts attribute this modest gain to improving economic fundamentals and targeted policy measures aimed at stabilizing the rupee over the medium term.
Market analysts noted that the rupee’s resilience comes from rising foreign direct investment, a narrowing current account deficit, and steady inflows of remittances from overseas Pakistanis. Improved foreign exchange reserves and reduced speculative activity have also helped maintain stability in interbank dealings.
According to the State Bank of Pakistan (SBP), forex reserves posted a weekly increase of $74 million, signaling healthier liquidity conditions. Total reserves stood at $19.571 billion for the week ending August 15, 2025, up from $19.497 billion recorded a week earlier. Of this, SBP-held reserves rose by $13 million to reach $14.256 billion, while commercial banks’ reserves increased by $61 million to $5.315 billion.
Despite the rupee’s gradual strengthening, financial experts warn that sustaining upward momentum will require disciplined import management, consistent export growth, and stronger foreign inflows. They also emphasize that interbank market confidence remains crucial to ensure long-term exchange rate stability and protect the rupee from sudden shocks.