Rupee Slowly Rises Against US Dollar for 80th Consecutive Day

By: Shoaib Tahir

On: Friday, January 16, 2026 12:12 AM

Rupee Slowly Rises Against US Dollar for 80th Consecutive Day
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Rupee Slowly Rises Against US Dollar for 80th Consecutive Day. The Pakistani rupee (PKR) continued its steady upward trend against the US Dollar (USD) on Thursday, marking the 80th consecutive day of gains in the interbank market. This slow but consistent rise reflects improved stability in Pakistan’s currency market.

Along with the US Dollar, the rupee also strengthened against most major international currencies during today’s trading session.

PKR Closes Strong Against the US Dollar

In Thursday’s interbank close, the rupee settled at PKR 279.96 per US Dollar, gaining one paisa compared to the previous day. While the daily movement remained small, analysts say the continued upward trend is significant due to its long duration.

Currency market observers note that such sustained stability is rare and signals better control over exchange rate volatility.

Why the Rupee 80-Day Winning Streak Matters

The rupee’s gradual appreciation is being closely watched by importers, exporters, and investors. A stable rupee helps:

  • Reduce import-driven inflation
  • Improve business confidence
  • Support economic planning
  • Stabilize fuel and commodity prices

Even minor daily gains become meaningful when maintained over a long period.

PKR Performance Against Major Currencies

Besides the US Dollar, the rupee also closed in green against most major global currencies, including the UAE Dirham and Saudi Riyal, which are especially important due to remittances and trade ties.

Interbank Exchange Rates Comparison

Currency13-Jan-202614-Jan-202615-Jan-2026Change
USD280.0018279.9735279.9630+0.0105
EUR326.5241325.9732325.5970+0.3762
GBP376.9945376.3124376.0743+0.2381
AUD187.7132187.2743187.0153+0.2590
MYR69.051069.163469.1059+0.0575
CNY40.134740.152540.1631-0.0106
CAD201.7159201.4850201.3615+0.1235
AED76.232576.224876.2219+0.0029
SAR74.663274.653674.6508+0.0028

Strong Gains Against Pound and Australian Dollar

During today’s session, the rupee recorded notable gains against some key currencies:

  • British Pound (GBP): Up by 23 paisas
  • Australian Dollar (AUD): Up by 26 paisas

These gains highlight broader strength in the rupee beyond the US Dollar.

Rupee vs Gulf Currencies: AED and SAR

The PKR also closed higher against both Gulf currencies:

  • UAE Dirham (AED)
  • Saudi Riyal (SAR)

This is important for overseas Pakistanis, as remittances from the UAE and Saudi Arabia make up a large share of inflows.

What Supporting the Rupee?

Market experts point to several factors behind the rupee’s stable performance:

  • Controlled demand for dollars
  • Improved interbank liquidity
  • Better alignment with official exchange rates
  • Reduced speculation in the open market

Recent policy measures have also helped narrow the gap between interbank and open market rates.


Impact on Consumers and Businesses

A stable rupee brings relief to both consumers and businesses:

  • Importers face fewer sudden cost increases
  • Fuel and food prices become more predictable
  • Businesses can plan payments and contracts better
  • Inflationary pressure eases gradually

However, economists caution that long-term stability depends on exports, remittances, and foreign inflows.

Market Outlook

While the rupee’s gains remain marginal on a daily basis, the 80-day upward streak signals confidence in currency management. Analysts expect the rupee to remain range-bound in the near term unless major global or domestic shocks occur.

Conclusion

The Pakistani rupee’s rise against the US Dollar for the 80th consecutive day reflects a period of rare consistency in the foreign exchange market. Closing at PKR 279.96, the rupee also strengthened against most major currencies, including the pound, euro, dirham, and riyal.

Although gains remain gradual, continued stability could support broader economic recovery if sustained in the coming months.

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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