PKR Market Update
20 Jun 2026 • 01:19 GMT
The Pakistani rupee has remained relatively stable against the US dollar, trading near its three-month average of 0.003593. The currency has moved within a narrow range of 1.1%, from 0.003567 to 0.003605, reflecting steady market conditions amidst global and regional developments.
The US dollar has been slightly weaker this week as risk assets rally, supported by falling energy prices following the reopening of the Strait of Hormuz. This modest decline in the dollar has helped keep the PKR’s movements stable.
Against other currencies, the PKR has seen some slight strengthening. It is at 0.003130 against the euro and near 0.002715 versus the British pound, both slightly above their recent three-month averages. Notably, the rupee has also gained against the Australian dollar and Canadian dollar, reaching near 7-day and 90-day highs respectively. Conversely, it has softened slightly against the Indian rupee, trading near its three-month average.
Overall, the PKR remains stable, supported by ongoing policy measures and foreign exchange inflows, though external pressures and regional tensions continue to be monitored closely. No major shifts are expected in the near term, but traders should stay attentive to global developments and policy signals.
📊 Quick forecast view
🔴 Mild downside
N/A
🌍 Global risk sentiment
⚪ Range-bound