Rupee gains 3 paisa against US dollar in interbank market

US Dollar Currency New

Karachi, November 28, 2025 – The Pakistani rupee posted a slight yet positive improvement against the US dollar on Friday, gaining 3 paisa in the interbank foreign exchange market.

According to the latest data released by the State Bank of Pakistan (SBP), the rupee closed at Rs280.52 compared to the previous day’s closing of Rs280.55, reflecting ongoing currency stability amid improving market sentiment.

Forex market dealers noted that the uptick in the rupee was largely supported by steady inflows from exports and workers’ remittances. These inflows strengthened the supply position in the market, easing pressure on the local currency. Dealers added that importers adopted a cautious approach in dollar purchasing as expectations of further rupee appreciation grew stronger. This reduced demand for the greenback also contributed to the rupee’s marginal rise.

Market confidence has further improved due to anticipation of major external financing next month. Pakistan is expected to receive $1.2 billion from the International Monetary Fund (IMF) under its ongoing support program. Traders believe this inflow will bolster the country’s foreign exchange reserves, enhance liquidity, and provide additional stability to the rupee in the coming weeks.

Analysts say that while the rupee’s recovery remains gradual, the combination of healthy inflows, improved market discipline, and expected IMF support is creating a more stable trading environment. They, however, caution that global economic trends, oil prices, and geopolitical factors will continue to influence Pakistan’s currency performance.

Overall, Friday’s movement reflects a cautiously optimistic sentiment in the interbank market, with stakeholders hopeful for continued improvement in the rupee’s trajectory.