Karachi, September 2, 2025 – The Pakistan rupee appreciated slightly on Tuesday, posting a gain of three paisas against the US dollar at the closing of the interbank foreign exchange market.
According to market data, the rupee closed at PKR 281.72 per dollar, compared to the previous day’s closing rate of PKR 281.75. Although the change appears marginal, analysts view it as a sign of underlying stability in the currency market.
Currency experts attribute the rupee’s upward movement to stronger macroeconomic indicators, consistent inflows of worker remittances, and a moderate rise in export receipts. Furthermore, the State Bank of Pakistan (SBP) has been playing a proactive role in smoothing market volatility through prudent interventions and by maintaining an adequate level of foreign exchange reserves.
SBP’s latest data revealed that Pakistan’s total reserves rose by $47 million, reaching $19.618 billion for the week ending August 22, 2025. Of this, central bank reserves stood at $14.274 billion, up by $18 million, while commercial banks’ holdings increased by $27 million to $5.344 billion. Analysts believe these gains have strengthened the rupee and enhanced investor confidence in the market.
Looking ahead, financial experts suggest that the rupee may gain further ground if Pakistan receives additional inflows from the International Monetary Fund (IMF) under the Extended Fund Facility (EFF). These inflows would not only boost reserves but also ensure a steadier exchange rate amid global currency fluctuations.
With the dollar trading in a narrow range, market sentiment remains cautiously optimistic, and the rupee continues to show signs of resilience at the start of September.