Rupee Extends Win Streak to 82 Days Against Dollar

By: Shoaib Tahir

On: Tuesday, January 20, 2026 3:56 PM

Rupee Extends Win Streak to 82 Days Against Dollar
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Rupee Extends Win Streak to 82 Days Against Dollar. The Pakistani rupee continued its steady performance against the US dollar on Monday, extending its winning streak to 82 consecutive trading days in the interbank market. This sustained stability highlights improved confidence in the local currency and calmer conditions in the foreign exchange market.

During the latest trading session, the rupee closed at PKR 279.92 per US dollar, marking a gain of three paisas compared to the previous close. Although the movement was modest, the continuation of positive momentum remains significant for importers, businesses, and market watchers.

Pakistani Rupee Performance Against the US Dollar

The rupee’s consistent strength against the dollar reflects controlled demand, better market management, and improved liquidity conditions. Over the past several weeks, sharp volatility has been largely absent, allowing the currency to trade within a narrow and predictable range.

On Monday’s close:

  • Previous close: PKR 279.95
  • Latest close: PKR 279.92
  • Daily change: Gain of 0.03 rupees (three paisas)

This marks the 82nd straight session where the rupee avoided losses against the dollar, a rare streak in recent years.

Rupee Performance Against Other Major Currencies

Alongside the US dollar, the Pakistani rupee also showed mixed performance against other major global currencies in the interbank market.

While it weakened slightly against the UAE Dirham (AED), it posted gains against the Saudi Riyal (SAR) and several other currencies.

Interbank Currency Rates Comparison

Currency15 Jan 202616 Jan 202619 Jan 2026Change
USD279.9630279.9515279.9235+0.0280
EUR325.5970325.0657325.4810-0.4153
GBP376.0743374.9250374.9015+0.0235
AUD187.0153187.6515187.3248+0.3257
MYR69.105969.038669.0062+0.0324
CNY40.163140.175940.2013-0.0254
CAD201.3615201.4764201.4780-0.0016
AED76.221976.218876.2215-0.0027
SAR74.650874.651774.6463+0.0054

Notable Currency Movements

  • The rupee gained two paisas against the British Pound (GBP).
  • It recorded a strong 32-paisa gain against the Australian Dollar (AUD).
  • The local currency edged lower against the Euro (EUR) and Chinese Yuan (CNY).
  • A slight loss was seen against the UAE Dirham, while it closed higher against the Saudi Riyal.

These movements indicate selective pressure rather than broad-based weakness, suggesting balanced market dynamics.

What Is Supporting the Rupee’s Stability?

Several factors are contributing to the rupee’s ongoing stability:

Controlled Dollar Demand

Lower speculative demand and better management of import-related payments have reduced pressure on the dollar.

Improved Market Discipline

Tighter monitoring of exchange companies and interbank transactions has helped limit sudden price swings.

Stable External Flows

Consistent remittances and controlled outflows have supported foreign exchange availability.

Predictable Trading Range

The absence of sharp shocks has allowed the rupee to trade within a narrow band, boosting market confidence.

Why the 82-Day Streak Matters

A prolonged period of stability offers multiple benefits:

  • Businesses can plan imports with better cost certainty.
  • Investors gain confidence from reduced currency risk.
  • Inflation pressure from exchange-rate volatility remains limited.
  • Consumers face fewer price shocks on imported goods.

While gains have been small, the consistency itself is a positive signal for the broader economy.

Outlook for the Pakistani Rupee

Market analysts expect the rupee to remain range-bound in the near term, provided no major external or domestic shocks emerge. Any sudden rise in global commodity prices or changes in external financing conditions could influence future movement, but current trends point toward continued stability rather than sharp appreciation or depreciation.

Conclusion

The Pakistani rupee’s extension of its 82-day winning streak against the US dollar underscores a period of relative calm in the foreign exchange market. Closing at PKR 279.92, the rupee also showed selective strength against several major currencies, including the British pound and Australian dollar.

Although daily gains remain small, sustained stability is a welcome development for Pakistan’s economy, signaling improved confidence and better currency management in the interbank market.

Shoaib Tahir

With a key role at the Prime Minister’s Office, Sohaib Tahir oversees documentation and verification of government schemes and policy announcements. Through accurate reporting and transparent communication, he ensures JSF.ORG.PK audiences receive trustworthy insights on national programs and official initiatives.

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