Business

Rupee Rises Further Against US Dollar As Supply Concerns Ease

The Pakistani rupee (PKR) closed in green against the US Dollar (USD) for the 103rd consecutive day on Wednesday.

Meanwhile, it posted gains against most of the other major currencies during today’s session.

The PKR closed at 279.57 after gaining three paisas against the US Dollar today.

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Traders told ProPakistani that supply concerns over the USD have eased following early February’s market volatility where global equities crashed and gold soured. They said the PKR/$ trend is on course to more modest gains for the time being.

Other Currencies

PKR closed in green against the UAE Dirham (AED) and the Saudi Riyal (SAR).

It gained 22 paisas against the British Pound (GBP) and two paisas against the Euro (EUR).

Currency 16-Feb

2026

17-Feb

2026

18-Feb

2026

Change

+/

USD 279.6133 279.6015 279.5732 0.0283
EUR 331.8451 330.8105 330.8329 -0.0224
GBP 381.7701 379.3633 379.1432 0.2201
AUD 198.3437 197.5944 197.6862 -0.0918
MYR 71.7325 71.6927 71.6855 0.0072
CNY 40.4729 40.4712 40.4671 0.0041
CAD 205.5149 204.9414 204.6431 0.2983
AED 76.1277 76.1235 76.1158 0.0077
SAR 74.5596 74.5544 74.5489 0.0055

It gained nine paisas against the Australian Dollar (AUD) and 30 paisas against the Canadian Dollar (CAD).

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Published by
Business Desk