The Pakistani rupee continued its steady upward trend, closing in positive territory against the US dollar for the 156th straight trading session on Friday.
In the interbank market, the rupee edged up slightly by 0.76 paisa, settling at 278.7033 against the dollar.
The local currency also showed broad-based strength against most major global currencies during the day’s trading.
Broad-based gains against global currencies
Against the euro, the rupee appreciated by 52.45 paisas, while it strengthened by 95.80 paisas versus the British pound. It also gained 99.49 paisas against the Australian dollar and 44.72 paisas against the Canadian dollar.
In Asian currencies, the rupee rose by 22.01 paisas against the Malaysian ringgit and posted a marginal gain of 0.89 paisa against the Chinese yuan.
Gulf currencies remain stable
The rupee remained largely unchanged against Gulf currencies, showing minimal movement against the UAE dirham and Saudi riyal, reflecting stable regional exchange dynamics.
Exchange rate movement summary (May 06–08, 2026)
- USD: slight decline of 0.0076
- EUR: down 0.5245
- GBP: down 0.9580
- AUD: down 0.9949
- CAD: down 0.4472
- MYR: down 0.2201
- CNY: down 0.0089
- AED: down 0.0083
- SAR: down 0.0020
Overall, the rupee maintained its upward momentum across major currencies while staying steady against Gulf region currencies.
