Dollar Rate Edges Down in Interbank and Open Market

The Pakistani rupee showed a marginal gain as the US dollar recorded a small decline in both the interbank and open markets, according to data released by the State Bank of Pakistan.

In the interbank market, the dollar fell by one paisa, closing at Rs 279.71, compared to the previous rate of Rs 279.72.

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Open Market Movement

In the open market, the dollar also slipped by one paisa, reaching Rs 280.75.

Other Major Currencies

• Euro dropped by 78 paisa to Rs 333.10
• British Pound declined by Rs 3.58, settling at Rs 383.45
• UAE Dirham increased by 5 paisa to Rs 77.25
• Saudi Riyal rose by 4 paisa to Rs 75.41

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Market Insight

Currency fluctuations, even minor ones, are closely monitored by importers, exporters, and travelers. Analysts say such small movements reflect routine market adjustments influenced by demand, supply, and global trends.

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