Pakistani Rupee Extends 86-Day Winning Streak. The Pakistani rupee (PKR) continued its steady performance against the US dollar (USD) on Friday, closing higher for the 86th consecutive trading session in the interbank market.
Despite mixed performance against other global currencies, the local unit once again ended the day in green against the dollar, highlighting ongoing stability in the foreign exchange market.
PKR Gains Marginally Against the US Dollar
At the close of trading, the rupee settled at PKR 279.86 per dollar, registering a gain of one paisa compared to the previous session.
Market analysts note that consistent inflows, controlled import payments, and stable demand for the greenback have helped the rupee maintain its upward trend against the US currency for nearly three months.
Mixed Performance Against Major Global Currencies
While the rupee strengthened against the dollar, it lost ground against most other major international currencies during Friday’s session.
The local currency faced notable pressure against the British Pound, Euro, and Australian Dollar, reflecting broader global currency movements.
However, the rupee closed positively against the UAE Dirham (AED) and the Saudi Riyal (SAR), which is important for Pakistan due to strong trade ties and worker remittances from the Gulf region.
Interbank Exchange Rates Overview
Below is a comparison of interbank exchange rates over the last three trading days:
| Currency | 22 Jan 2026 | 23 Jan 2026 | 24 Jan 2026 | Change (+/–) |
|---|---|---|---|---|
| USD | 279.9033 | 279.8728 | 279.8636 | +0.0092 |
| EUR | 327.8508 | 327.2413 | 328.3080 | -1.0667 |
| GBP | 376.1201 | 375.8413 | 377.4801 | -1.6388 |
| AUD | 188.9067 | 190.3975 | 191.4127 | -1.0152 |
| MYR | 69.0353 | 69.2583 | 69.9222 | -0.6639 |
| CNY | 40.1926 | 40.1934 | 40.1840 | -0.0094 |
| CAD | 202.2934 | 202.4543 | 202.8512 | -0.3969 |
| AED | 76.2056 | 76.1975 | 76.1948 | +0.0027 |
| SAR | 74.6409 | 74.6328 | 74.6303 | +0.0025 |
Biggest Losses Recorded
During Friday’s trading session:
- The rupee lost Rs. 1.63 against the British Pound (GBP)
- It also fell by Rs. 1.01 against the Australian Dollar (AUD)
Currency dealers attribute these losses to international market volatility and shifting investor sentiment toward risk-based currencies.
Why the Rupee Is Holding Firm Against the Dollar
Experts point to several factors supporting the rupee’s performance:
- Stable interbank demand for dollars
- Improved remittance inflows
- Controlled import payments
- Central bank oversight in the forex market
Together, these factors have helped the rupee avoid sharp fluctuations despite pressure from global currency movements.
Market Outlook
While the rupee’s continued gains against the US dollar are encouraging, analysts caution that global economic developments, oil prices, and external financing conditions will remain key drivers of future performance.
For now, the rupee’s 86-day winning streak against the dollar reflects short-term stability, though sustained improvement will depend on broader economic indicators.
Conclusion
The Pakistani rupee closed Friday’s session slightly higher against the US dollar, successfully extending its 86-day appreciation streak. However, losses against several major global currencies highlight the challenges posed by international market dynamics.
Currency watchers will closely monitor upcoming economic data and global trends to assess whether the rupee can maintain its current momentum.
