Business

Pakistani Rupee Rises to 278 Against US Dollar After Almost Two Years

The Pakistani rupee (PKR) closed in green against the US Dollar (USD) for the 139th consecutive day on Tuesday.

It is for the first time in almost two years that the PKR has risen to 278/$. This level was last seen in March-June 2024, research showed.

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

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The PKR closed at 278.97 after gaining three paisas against the US Dollar today.

The PKR last consistently closed around the 278 per USD level in March-June 2024, when interbank rates hovered in a narrow band near that mark following temporary stabilization in external inflows and IMF-linked reforms.

After that phase, the currency largely traded above 278 through 2025 due to a lot of pressure from imports and external financing gaps.

Its return to around 278 in April 2026 means the rupee has come back to its mid-2024 stability zone after roughly 22–24 months.

Other Currencies

PKR was stable against both the UAE Dirham (AED) and the Saudi Riyal (SAR).

Meanwhile, it lost Rs. 2.83 against the British Pound (GBP) and Rs. 2.29 against the Euro (EUR).

Currency 10-Apr

2026

13-Apr

2026

14-Apr

2026

Change

+/

USD 279.0108 279.0019 278.9728 0.0291
EUR 325.8567 326.2230 328.5184 -2.2954
GBP 374.2093 374.6019 377.4363 -2.8344
AUD 196.8282 196.8358 197.9870 -1.1512
MYR 70.2798 70.2157 70.5011 -0.2854
CNY 40.8215 40.8274 40.9252 -0.0978
CAD 201.5392 201.5182 202.5726 -1.0544
AED 75.9606 75.9685 75.9606 0.0079
SAR 74.3474 74.3450 74.3373 0.0077

It lost Rs. 1.15 against the Australian Dollar (AUD) and Rs. 1.05 against the Canadian Dollar (CAD).

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Published by
Business Desk