KARACHI, April 14, 2026 — Pakistan’s rupee edged higher against the U.S. dollar in the interbank market on Tuesday, supported by steady inflows and central bank management, according to official data.
The State Bank of Pakistan said the dollar closed at Rs278.97, down slightly from the previous day’s rate of Rs279.00, reflecting a marginal gain of three paisas for the local currency.
Currency dealers attributed the rupee’s stability to consistent inflows from workers’ remittances and export proceeds, which have helped ease pressure on the country’s external account in recent weeks.
Market participants also pointed to active oversight by the central bank in maintaining foreign exchange reserves and managing volatility in the currency market.
Despite the modest appreciation, analysts cautioned that external risks remain elevated. Rising global oil prices and geopolitical tensions are expected to increase Pakistan’s import bill, potentially putting renewed pressure on the rupee.
Experts noted that demand for the dollar could pick up in the coming days as Pakistan prepares to meet external debt repayments, including obligations to the United Arab Emirates.
At the same time, anticipated inflows from the International Monetary Fund under the Extended Fund Facility (EFF) programme are expected to provide support to the rupee and bolster investor confidence.
Economists said the currency outlook will depend on the balance between external inflows and outflows, as well as global commodity prices and domestic economic stability.
They added that while short-term movements remain relatively stable, sustained support for the rupee will require continued policy discipline, improved exports and stable foreign exchange reserves in the months ahead.