The Pakistani rupee maintained its upward momentum against the US dollar, appreciating by 0.01% in the inter-bank market on Thursday.

By the end of the trading session, the rupee closed at Rs. 281.56, gaining Rs. 0.04 against the greenback. This marked the rupee’s 25th consecutive session of appreciation. On Wednesday, the local currency had settled at Rs. 281.60.

According to the Forex Association of Pakistan (FAP), the dollar’s buying and selling rates in the open market were recorded at Rs. 282.5 and Rs. 282.8, respectively.

In other currency movements, the Euro fell by 27 paisa, closing at Rs. 329.20 compared to the previous day’s rate of Rs. 329.47, as reported by the State Bank of Pakistan (SBP).

The Japanese yen remained steady at Rs. 1.90, while the British Pound dropped by 46 paisa, trading at Rs. 380.56 compared to Wednesday’s closing of Rs. 381.02.

Additionally, the exchange rates for the Emirates Dirham and the Saudi Riyal declined by 02 paisa each, closing at Rs. 76.65 and Rs. 75.04, respectively.