KARACHI: Pakistan rupee posted marginal gain for another week as it appreciated by Re0.10 or 0.04 percent against the US dollar in the inter-bank market.
The local unit closed at 280.72, against 280.82 it had closed the week earlier against the greenback, according to the State Bank of Pakistan (SBP).
The International Monetary Fund (IMF) included Pakistan on its Executive Board agenda on December 08, 2025, according to its updated website.
The Executive Board is set to deliberate final approval for the release of the next $1.2 billion tranche, covering the second review of the Extended Fund Facility (EFF) and the first review of the Resilience and Sustainability Facility (RSF).
The central bank revised regulations governing the sale of foreign currencies, directing exchange companies (ECs) to make account-to-account transfers mandatory for residents purchasing foreign currency for the purpose of depositing it into their foreign currency (FCY) bank accounts. The SBP foreign exchange reserves increased by USD22 million to USD14.52 billion during the week ended November 7, 2025. The total liquid foreign reserves held by the country stood at USD19.72 billion as of November 7. Of this, the central bank held USD14.52 billion, while net reserves held by commercial banks amounted to USD5.20 billion.
Open-market rates
In the open market, the PKR lost 7 paise for buying and gained 10 paise for selling against USD, closing at 281.38 and 281.75, respectively.
Against Euro, the PKR lost 2.41 rupees for buying and 2.25 rupees for selling, closing at 326.50 and 329.66, respectively.
Against UAE Dirham, the PKR gained 6 paise for buying and 2 paise for selling, closing at 76.61 and 77.42, respectively.
Against Saudi Riyal, the PKR gained 2 paise for buying and remained unchanged for selling, closing at 74.94 and 75.59, 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. 280.72
Offer Close Rs. 280.92
Bid Open Rs. 280.82
Offer Open Rs. 281.02
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Weekly open-market rates for dollar
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Bid Close Rs. 281.38
Offer Close Rs. 281.75
Bid Open Rs. 281.31
Offer Open Rs. 281.85
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Copyright Business Recorder, 2025
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