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PKR Market Update
28 Jul 2026 • 00:35 GMT
The Pakistani Rupee is currently near its 7-day lows against the US dollar, trading close to 0.003598, which is consistent with its 3-month average. Over the past week, the PKR has remained stable within a narrow range from 0.003583 to 0.003609, showcasing resilience despite external pressures.
The broader US dollar outlook has been mixed, with recent geopolitical tensions in the Middle East supporting dollar strength through higher energy prices. Although the dollar has experienced some volatility, it remains supported by geopolitical risks and market expectations for cautious monetary policy decisions ahead of upcoming central bank meetings.
Against other currencies, the PKR has strengthened slightly against the euro and the British pound, trading near 0.003168 and 0.002709 respectively, close to their recent highs. Meanwhile, the PKR’s value against the Indian rupee has softened slightly, trading around 0.3447, near its recent lows.
Overall, despite global uncertainties, the PKR remains stable in its recent range, supported by domestic policy efforts and stable foreign exchange inflows. However, ongoing geopolitical developments and shifts in US monetary policy could influence future moves.
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