As of 5:17 PM PST on Tuesday, July 22, 2025, the Pakistani Rupee (PKR) exhibited a marginal decline against the US Dollar (USD), reflecting cautious stability in the currency markets.
The PKR closed at 284.97 per USD, slipping by just 2 paisa or 0.01% from Monday’s rate of 284.95.
During the day’s trade, the rupee hovered within a narrow band, reaching an intraday high (bid) of 285.00 and a low (ask) of 287.10—an indication of restrained market sentiment.
In the open market, exchange companies quoted the dollar at PKR 285.05 for buying and PKR 287.15 for selling. The rupee’s performance against other major currencies was mixed. It weakened by 79 paisa (0.23%) against the Euro to 344.84 and fell 36.40 paisa (0.10%) against the Swiss Franc to 363.43.
On the positive side, the PKR appreciated by 40 paisa (0.11%) against the British Pound to 378.80 and rose slightly by 0.01 paisa (0.01%) against the Japanese Yen, closing at 1.9710. It also posted modest gains against Gulf currencies, edging up 2.15 paisa (0.03%) against the Saudi Riyal to 76.02 and 2 paisa (0.03%) against the UAE Dirham to 77.61.
However, it dipped by 2.75 paisa (0.07%) against the Chinese Yuan, settling at 39.90.
The interbank money market remained stable, with the 6-month Karachi Interbank Bid and Offer rates unchanged at 10.72% and 10.97%, respectively.
On a broader timeline, the PKR has lost 6.52 rupees or 2.29% against the USD over the past year. Since the beginning of the current fiscal year, the decline stands at a modest 11.19 paisa or 0.04%, reflecting a consistent but measured depreciation.
