The Pakistani rupee (PKR) appreciated by 2.80 paisa against the US dollar in Monday’s interbank market, closing at 279.92 per USD compared to 279.95 in the previous session. During intraday trading, the rupee touched a high (bid) of 280.75 and a low (ask) of 281.00.

In the open market, the dollar was quoted at 280.30 for buying and 281.00 for selling.

Against major currencies, PKR weakened 41.53 paisa or 0.13% against the euro to 325.48, while it gained 2.35 paisa against the British pound to settle at 374.90. The rupee depreciated by Rs1.41 or 0.40% against the Swiss franc, closing at 350.23, and slipped 0.20 paisa or 0.11% against the Japanese yen to 1.7713. PKR also fell 2.54 paisa or 0.06% against the Chinese yuan to 40.20.

Meanwhile, the local currency strengthened slightly against the Saudi riyal by 0.54 paisa to 74.65, and edged down 0.27 paisa against the UAE dirham to 76.22.

So far in FY26, PKR has appreciated by Rs3.84 or 1.37% against the USD. On a calendar-year basis, it has gained 19.96 paisa or 0.07%.

In the money market, benchmark six-month Karachi interbank bid and offer rates declined by 1bps to 10.07% and 10.32% respectively.

According to performance data as of January 19, 2026, the rupee has posted modest gains against the USD over 1D, 7D, 1M, FYTD and CYTD periods, while mixed trends were observed against other major currencies. Over the 52-week range, the USD traded between a low of 278.65 and high of 284.97, keeping the rupee within a narrow band.