PKR Market Update
13 Jun 2026 • 01:28 GMT
The Pakistani Rupee has remained relatively steady against the US dollar, trading around 0.003593, close to its three-month average. The rate has been stable within a narrow range of 0.003567 to 0.003605, reflecting cautious market sentiment. Despite global pressures, Pakistan's efforts with IMF programs and steady foreign reserves—now at $16.2 billion—have helped support the currency.
Meanwhile, the US dollar has shown signs of easing after recent strength driven by expectations of Federal Reserve interest rate hikes and tech sector concerns. As geopolitical tensions in the Middle East show signs of potential resolution, the dollar’s momentum may slow further.
Across the board, other currencies including the euro, GBP, and JPY have also traded within narrow ranges, indicating overall market stability. The PKR remains resilient, supported by government policies and inflows, with forecasts suggesting it will stay close to 280 per US dollar in the near term. However, external risks like global inflation trends and geopolitical developments should be monitored for any sudden shifts.
📊 Quick forecast view
🔴 Mild downside
N/A
🌍 Global risk sentiment
⚪ Range-bound