KARACHI: The Pakistani rupee continued to post marginal gain against the US dollar, appreciating 0.03 percent in the inter-bank market during the previous week.
The local unit closed the week at 278.12, a gain of Re0.08 against 278.20 it had closed the earlier week.
Pakistan’s headline inflation clocked in at 11.1 percent on year-on-year (YoY) basis in June 2026, as shown by Pakistan Bureau of Statistics (PBS) data.
The consumer price index (CPI) was recorded at 11.7 percent in May 2026. The CPI stood at 3.2 percent in June 2025.
On a month-on-month basis, it decreased by 0.3 percent in June 2026 as compared to an increase of 0.5 percent in the previous month and an increase of 0.2 percent in June 2025.
Meanwhile, foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by USD 611 million during the week ended June 24, 2026, reaching USD 16.5 billion, mainly due to government inflows from multilateral institutions.
According to the SBP, the country’s total liquid foreign exchange reserves stood at USD 22.0 billion as of June 24.
Of the total, the SBP held USD 16.5 billion in foreign exchange reserves, while commercial banks held USD 5.5 billion.
Open-market rates
In the open market, the PKR lost 5 paise for buying and gained 1 paisa for selling against USD, closing at 278.72 and 279.36, respectively.
Against Euro, the PKR lost 2.07 rupees for buying and 1.25 rupee for selling, closing at 318.85 and 322.12, respectively.
Against UAE Dirham, the PKR lost 6 paise for buying and 3 paise for selling, closing at 75.95 and 76.57, respectively.
Against Saudi Riyal, the PKR lost 4 paise for buying and 3 paise for selling, closing at 74.29 and 74.88, respectively.
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Weekly inter-bank market rates for dollar
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Bid Close Rs. 278.12
Offer Close Rs. 278.32
Bid Open Rs. 278.20
Offer Open Rs. 278.40
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Weekly open-market rates for dollar
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Bid Close Rs. 278.72
Offer Close Rs. 279.36
Bid Open Rs. 278.67
Offer Open Rs. 279.46
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Copyright Business Recorder, 2026
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