KARACHI: Pakistan rupee posted marginal gain for another week as it appreciated by Re0.06 or 0.02 percent against the US dollar in the inter-bank market.
The local unit closed at 279.71, against 279.77 it had closed the week earlier against the greenback, according to the State Bank of Pakistan (SBP).
Pakistan’s headline inflation clocked in at 5.8% on a year-on-year (YoY) basis in January 2026, showed Pakistan Bureau of Statistics (PBS) data, a reading in line with the Ministry of Finance’s estimate of 5-6 percent.
Pakistan’s foreign exchange reserves held by the SBP increased by $56 million during the week ended January 30, 2026, reaching $16.16 billion. The country’s total liquid foreign reserves stood at USD21.34 billion.
Pakistan’s trade deficit significantly increased by 28.22 pecent to USD22.04 billion in the first seven months of the current fiscal year (7MFY26), as compared to the same period of the previous year, data released by the PBS showed.
The country’s trade balance, the gap between exports and imports, was recorded at a deficit of USD17.19 billion in July-January of the previous fiscal year (7MFY25).
Open-market rates
In the open market, the PKR lost 1 paisa for buying and gained 7 paise for selling against USD, closing at 280.23 and 280.75, respectively.
Against Euro, the PKR gained 3.52 rupees for buying and 3.74 rupees for selling, closing at 330.20 and 333.10, respectively.
Against UAE Dirham, the PKR lost 1 paisa for buying and gained 4 paise for selling, closing at 76.50 and 77.25, respectively.
Against Saudi Riyal, the PKR lost 2 paise for buying and gained 1 paisa for selling, closing at 74.82 and 75.41, respectively.
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Weekly inter-bank market rates for dollar
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Bid Close Rs. 279.71
Offer Close Rs. 279.91
Bid Open Rs. 279.77
Offer Open Rs. 279.97
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Weekly open-market rates for dollar
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Bid Close Rs. 280.23
Offer Close Rs. 280.75
Bid Open Rs. 280.22
Offer Open Rs. 280.82
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Copyright Business Recorder, 2026
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