Islamabad, Mar 14 2025: The Pakistani Rupee (PKR) continued its downward trajectory against the US Dollar in interbank trading on Friday, depreciating by 16 paisa to settle at Rs. 280.21.
This marks the third consecutive session of losses for the local currency, following slight declines recorded on Wednesday and Thursday.
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According to data released by the State Bank of Pakistan (SBP), the Euro saw a notable decrease, falling by 81 paisa to close at Rs. 303.62 compared to the previous session’s rate of Rs. 304.43. Meanwhile, the Japanese Yen dropped marginally by 1 paisa, settling at Rs. 1.88.
The British Pound also experienced a decline, shedding 59 paisa to trade at Rs. 362.23 against its prior value of Rs. 362.82. On the other hand, slight upward movement was observed in the exchange rates of Gulf currencies.
The Emirati Dirham appreciated by 4 paisa, reaching Rs. 76.29, while the Saudi Riyal gained 5 paisa, closing at Rs. 74.71. The fluctuations in currency exchange rates reflect ongoing market dynamics, driven by factors such as import demand.
Remittance inflows, and economic policies. Traders and analysts continue to monitor these movements closely, as the Pakistani Rupee (PKR) PKR’s performance remains a crucial indicator of Pakistan’s macroeconomic stability.
