Karachi, August 7, 2025 – The Pakistani rupee made a modest recovery on Thursday, gaining 11 paisas against the US dollar at the close of trading in the interbank foreign exchange market.
The rupee ended the session at PKR 282.56, improving from the previous day’s closing rate of PKR 282.67.
Currency dealers and analysts attributed the rupee’s rebound to renewed market optimism fueled by positive economic indicators and improved investor sentiment. Market participants anticipate further appreciation in the rupee’s value over the coming days, especially if the macroeconomic outlook remains stable.
On Wednesday, the rupee had halted a ten-day winning streak against the dollar, largely due to a sudden spike in Pakistan’s import bill. According to the Pakistan Bureau of Statistics (PBS), imports surged to $5.45 billion in July 2025—a 29.25% increase compared to $4.22 billion in July 2024. On a month-over-month basis, imports rose 12.37% from $4.85 billion in June.
Despite rising imports, some encouraging signs have emerged. Exports grew by 17% year-on-year, reaching $2.70 billion in July 2025 compared to $2.31 billion in July 2024. On a monthly basis, exports rose 9% from $2.48 billion in June.
Analysts believe that improving exports, stable remittance inflows, and regulatory action against illegal dollar trading will help maintain a balanced rupee-dollar exchange rate in the near term.