The Pakistani rupee (PKR) posted a gain against the US dollar (USD) during early trading hours on Monday.
By 11:00 am in the interbank market, the rupee had appreciated by 0.1 per cent to 281.43 against the greenback, marking an intraday gain of 28 paisa.
The uptick comes after a volatile previous week in which the rupee lost 65 paisa, or 0.23 per cent, closing Friday’s session at 281.71, according to data released by the State Bank of Pakistan.
So far in the current fiscal year, the rupee has shed Rs3.36 or 1.19 per cent against the dollar. Since the beginning of 2025, the local unit has weakened by Rs3.16, reflecting a decline of 1.12 per cent.
In the open market, exchange companies quoted the dollar at 282 for buying and 283.40 for selling.
On the other hand, Pakistan Stock Exchange (PSX) witnessed a strong bullish trend on Monday and the benchmark KSE-100 Index gained over 9,900 points in the early trading.
Meanwhile, gold prices are expected to decrease in Pakistan today following a decline in the price of the yellow metal in the international market.
