RECORDER REPORT
KARACHI: The Pakistani rupee extended its marginal gains, appreciating 0.01 percent, against the US dollar in the interbank market on Friday.
The local unit closed the day at 277.32, a gain of Re0.03 against the greenback.
On Thursday, the Pakistani rupee settled at 277.35 against the dollar.
Internationally, the US dollar held near its highest-levels of the past week and the yen slipped for a second day at the start of Asian trading on Friday as renewed fears of energy supply disruptions in the Middle East pushed up bond yields and oil prices.
The US dollar index, which measures the greenback strength against a basket of six currencies, was trading at 99.081, holding steady after gaining 0.3 percent on Thursday to reach its highest level since September 7.
The rise followed the release of data showing US producer prices increased 0.4 percent in August, meeting market expectations as energy prices rebounded during the month.
Oil prices, a key indicator of currency parity, fell on Friday but remained on course for a weekly gain of more than 8 percent while US diesel prices hit a record high as attacks along Middle East shipping routes stoked concerns about prolonged supply disruptions.
Brent crude futures were down USD3.28, or 3.05 percent, to USD104.35 a barrel at 1309 GMT.
Open-market movement
In the open market, the PKR gained 2 paise for buying and 3 paise for selling against USD, closing at 278.22 and 279.05, respectively.
Against Euro, the PKR gained 75 paise for buying and 71 paise for selling, closing at 322.11 and 325.04, respectively.
Against UAE Dirham, the PKR gained 1 paisa for buying and lost 2 paise for selling, closing at 75.66 and 76.28, respectively.
Against Saudi Riyal, the PKR lost 2 paise for buying and 1 paisa for selling, closing at 73.96 and 74.48, respectively.
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Open Bid Rs 278.22
Open Offer Rs 279.05
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Interbank Closing Rates: Interbank Closing Rates For Dollar on Friday
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Open Bid Rs 277.32
Open Offer Rs 277.52
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RUPEE IN LAHORE: The Pakistani rupee remained firmer against the US dollar and the British pound in the local currency market on last business day of the week.
According to market dealers, the rupee maintained past day’s trend showing negative signs against the US dollar. The market largely remained volatile during morning session and intraday trading failing to take a clear direction, dealers stated. Activity, however, picked up during the last session, but it had minimal impact on the local currency.
At the closing bell, the rupee’s buying and selling rates settled at Rs 279.50 and Rs 281.00, respectively against preceding day’s rates at Rs 279.00 and Rs 280.50, respectively.
Against the British pound, the rupee’s buying rate ended at Rs 374.50 against Rs 376.30 of the previous day while selling value stayed unchanged at Rs 379.00.
Copyright Business Recorder, 2026
