Karachi, August 12, 2025 – The Pakistani rupee posted a modest gain against the US dollar in Tuesday’s interbank foreign exchange market, appreciating by three paisas at closing.
The rupee settled at PKR 282.42 against the dollar, compared to Friday’s closing rate of PKR 282.45.
Market participants reported that while demand for the dollar remained strong during the day, a healthy inflow of export earnings and workers’ remittances provided much-needed support for the rupee. The inflows helped offset buying pressure and allowed the local currency to maintain a slightly positive trajectory.
Confidence in the market received a further boost after official data revealed that Pakistan received over $3 billion in foreign inflows for July 2025. This included $3.21 billion in workers’ remittances, representing a 7.4% year-on-year rise from July 2024’s $3 billion.
However, economists warned that challenges persist. According to the Pakistan Bureau of Statistics (PBS), imports surged to $5.45 billion in July 2025, marking a 29.25% increase compared to $4.22 billion a year earlier, and a 12.37% rise from June 2025.
On the brighter side, exports provided some relief. They increased 17% year-on-year to $2.70 billion, compared to $2.31 billion in July 2024, while also rising 9% month-on-month from June 2025’s $2.48 billion.
Analysts believe that sustained export growth, consistent remittance inflows, and tighter monitoring of dollar transactions will be crucial in preserving rupee stability and strengthening Pakistan’s foreign exchange reserves in the coming months.