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Pakistani rupee gains 17 paisa against US dollar in early trading
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- Web Desk
- Nov 19, 2025
The Pakistani rupee edged higher against the US dollar during the opening hours of trading on Wednesday, reflecting a modest gain in the inter-bank market. Early trades saw the local currency at 280.50 per dollar, marking an increase of 17 paisa.
PKR’s performance in the previous session
According to the State Bank of Pakistan, the rupee had closed Tuesday’s session at 280.67 per dollar, up 3.80 paisa from the previous day’s 280.71. During the day, it reached a high of 281.50 and a low of 281.75, while open market rates hovered between 281.00 for buying and 281.75 for selling.
Against the Japanese yen, PKR closed at 1.8106, up 0.38 paisa in the previous session. The local unit also gained 4.84 paisa against the Chinese yuan to 39.46 and showed slight increases against the Saudi riyal and U.A.E. dirham.
The rupee showed improvement against other key currencies as well. It gained 46.51 paisa against the euro to close at 325.50, strengthened 49.91 paisa against the British pound to 369.34, and rose 60.43 paisa versus the Swiss franc to 353.18.
| Currency | PKR closing | Change | Change (%) |
| US Dollar (USD) | 280.50 | +17 | +0.06 |
| Euro (EUR) | 325.50 | +46.51 | +0.14 |
| British Pound (GBP) | 369.34 | +49.91 | +0.13 |
| Swiss Franc (CHF) | 353.18 | +60.43 | +0.17 |
| Japanese Yen (JPY) | 1.8106 | +0.38 | +0.21 |
| Chinese Yuan (CNY) | 39.46 | +4.84 | +0.12 |
| Saudi Riyal (SAR) | 74.84 | +1.21 | +0.02 |
| U.A.E Dirham (AED) | 76.42 | +0.62 | +0.01 |
Global context
In international markets, the US dollar remained steady against most major currencies, while the Japanese yen recovered slightly after hitting a nine-month low against the greenback. The dollar index, which tracks its strength against a basket of six currencies, held at 99.594, near a one-week high, as investors sought safety amid a recent global stock selloff.
Traders are watching closely for the Federal Reserve’s next move, with market bets increasingly pointing towards a potential interest rate cut in December. According to the CME Group’s FedWatch tool, there is now a 46.6 percent chance of a 25-basis-point reduction, up from 42.4 percent the previous day.
Performance this year
The Pakistani rupee has gained 3.09 rupees or 1.10 percent against the US dollar in the current fiscal year. However, it has lost 2.12 rupees or 0.76 percent since the start of the calendar year, reflecting ongoing volatility amid global and domestic economic pressures.
