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 280.42, against 280.52 it had closed the week earlier against the greenback, according to the State Bank of Pakistan (SBP).
Pakistan’s headline inflation clocked in at 6.1 percent on a year-on-year (YoY) basis in November 2025, showed Pakistan Bureau of Statistics (PBS) data, a reading higher than the Ministry of Finance estimate of 5-6 percent.
The country’s trade deficit significantly increased by nearly 33 percent to USD2.86 billion in November 2025, as compared to the same month of the previous year.
The trade balance, the gap between exports and imports, was recorded at a deficit of $2.15 billion in November 2024.
The Saudi Fund for Development (SFD) on behalf of the Kingdom of Saudi Arabia extended the term for the deposit of USD3 billion maturing on December 8, 2025 for another year.
The Asian Development Bank (ADB) approved three projects totalling USD381 million to advance agriculture, education, and health services in Pakistan’s Punjab.
Pakistan’s total liquid foreign exchange reserves stood at $19.58 billion as of November 28, 2025.
The SBP reserves rose by $14 million during the week, reaching USD14.57 billion. Meanwhile, net foreign reserves held by commercial banks were recorded at USD5.01 billion.
The International Monetary Fund’s Executive Board will meet on Monday (today) to review Pakistan’s request for a USD1.2 billion disbursement under the Extended Fund Facility (EFF) and the Resilience and Sustainability Facility (RSF).
Pakistan and the IMF reached a staff-level agreement in October after negotiations in Karachi, Islamabad, and Washington. The deal, covering reviews of both the EFF and RSF, requires board approval before funds can be released.
Clearance would unlock about USD1.2 billion, roughly USD1 billion under the EFF and USD200 million through the RSF.
Open-market rates
In the open market, the PKR gained 18 paise for buying and 11 paise for selling against USD, closing at 280.91 and 281.45, respectively.
Against Euro, the PKR lost 1.77 rupee for buying and 1.72 rupee for selling, closing at 326.68 and 329.68, respectively.
Against UAE Dirham, the PKR gained 8 paise for buying and 5 paise for selling, closing at 76.55 and 77.32, respectively.
Against Saudi Riyal, the PKR gained 9 paise for buying and 5 paise for selling, closing at 74.82 and 75.44, 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. 280.42
Offer Close Rs. 280.62
Bid Open Rs. 280.52
Offer Open Rs. 280.72
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Weekly open-market rates for dollar
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Bid Close Rs. 280.91
Offer Close Rs. 281.45
Bid Open Rs. 281.09
Offer Open Rs. 281.56
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Copyright Business Recorder, 2025
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