PKR Market Update
18 Apr 2026 • 01:20 GMT
The Pakistani Rupee (PKR) remains largely stable against the US dollar, trading near its three-month average of around 0.003586. The recent range has been narrow, between approximately 0.003546 and 0.003602, reflecting steady sentiment supported by ongoing IMF programs and healthy foreign exchange reserves, which stood at $16.2 billion in January. Despite regional tensions and external debt concerns, the PKR has held firm, aided by prudent policy measures and remittance inflows. Looking ahead, analysts project the PKR will average close to 280 per US dollar in 2026, though external pressures continue to pose risks. Overall, the currency's resilience suggests stability in the near term, but market watchers should stay alert to geopolitical and economic developments that could influence future movements.
📊 Quick forecast view
🔴 Mild downside
0.0040 – 0.0040
🌍 Global risk sentiment
⚪ Range-bound