KARACHI: Pakistan rupee posted marginal gain for another week as it appreciated by Re0.11 or 0.04 percent against the US dollar in the inter-bank market.
The local unit closed at 281.26, against 281.37 it had closed the week earlier against the greenback, according to the State Bank of Pakistan (SBP).
Finance Minister Muhammad Aurangzeb during the previous week said Pakistan was ‘well-positioned’ to repay a USD1.3 billion Eurobond maturing in April 2026. The assurance came as the federal minister highlighted improved macroeconomic stability and a more predictable financing outlook.
Meanwhile, Pakistan successfully repaid its $500 million Eurobond that matured on September 30, 2025, the Ministry of Finance announced.
The headline inflation clocked in at 5.6 percent on a year-on-year (YoY) basis in September 2025, showed Pakistan Bureau of Statistics (PBS) data, a reading significantly higher than the Finance ministry’s estimate of 3.5-4.5 percent.
The foreign exchange reserves held by the SBP increased by $21 million on a weekly basis, reaching USD14.4 billion as of September 26, 2025.
Total liquid foreign reserves stood at USD19.8 billion, while net foreign reserves held by commercial banks were recorded at USD5.4 billion.
Open-market rates
In the open market, the PKR gained 11 paise for buying and 10 paise for selling against USD, closing at 281.83 and 282.30, respectively. Against Euro, the PKR lost 82 paise for buying and 71 paise for selling, closing at 330.23 and 333.52, respectively.
Against UAE Dirham, the PKR gained 11 paise for buying and 14 paise for selling, closing at 76.81 and 77.56, respectively.
Against Saudi Riyal, the PKR gained 7 paise for buying and 10 paisa for selling, closing at 75.02 and 75.67, respectively.
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THE RUPEE
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Weekly inter-bank market rates for dollar
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Bid Close Rs. 281.26
Offer Close Rs. 281.46
Bid Open Rs. 281.37
Offer Open Rs. 281.57
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Weekly open-market rates for dollar
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Bid Close Rs. 281.83
Offer Close Rs. 282.30
Bid Open Rs. 281.94
Offer Open Rs. 282.40
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Copyright Business Recorder, 2025
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