The Pakistani rupee witnessed a mixed trading session as the Rupee sees modest gains and losses against major currencies in the interbank and open markets on Monday. Despite minor fluctuations, the local currency maintained relative stability amid global market uncertainty and domestic economic adjustments.
According to data from the State Bank of Pakistan (SBP), the rupee strengthened slightly against the US dollar during early trading but later gave up some of its gains by market close. The Rupee sees modest gains and losses against major currencies such as the British pound, euro, and UAE dirham as forex activity remained moderate.
Currency dealers reported that import-related payments and fluctuating oil prices continued to influence exchange rates. The US dollar remained volatile, while other currencies also experienced mild movement due to global market trends. Experts said that although the rupee has stabilized compared to previous weeks, external pressure remains due to inflation and trade imbalances.
Analysts believe that the Rupee sees modest gains and losses against major currencies because of temporary market corrections and adjustments to global economic indicators. The recovery in remittance inflows and controlled import spending have helped limit depreciation, while ongoing negotiations with international lenders provide a sense of optimism for financial stability.
Market experts added that the central bank’s cautious policy measures, including interest rate adjustments, are helping to manage inflation and stabilize the foreign exchange market. However, they warned that any unexpected shifts in global oil prices or geopolitical tensions could again impact the rupee’s value.
Economists emphasized that Pakistan’s currency performance in the coming weeks will depend on exports, remittances, and policy reforms. The government’s efforts to strengthen reserves and attract foreign investment are also likely to play a vital role in determining exchange rate stability.
For now, the rupee’s performance remains balanced, showing resilience despite modest ups and downs in daily trading.
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