Rupee Moves Up 62nd Day in a Row Against US Dollar. Rupee Moves Up 62nd Day in a Row Against US DollaThe Pakistani rupee (PKR) continued its steady performance against the US dollar (USD) on Thursday, marking the 62nd consecutive session of gains in the interbank market. This rare streak reflects short-term stability in the local currency, even as mixed trends were seen against other major global currencies.
According to interbank closing data, the rupee ended the day at PKR 280.26 per dollar, registering a marginal gain of one paisa compared to the previous session.
PKR vs USD: What Happened Today?
On December 18, 2025, the rupee closed in green against the dollar for the 62nd straight trading day. Although the movement was small, the consistency of gains has drawn attention from traders, importers, and analysts.
Key highlights:
- Closing rate: PKR 280.26
- Daily change: +0.0091
- Trend: 62 days of continuous gains
- Market: Interbank
While the daily improvement appears minor, such prolonged stability is uncommon in Pakistan’s volatile currency market and suggests controlled demand for dollars.
Performance Against Major Currencies
Despite holding firm against the US dollar, the rupee showed mixed performance against other international currencies during Thursday’s session.
Currencies where PKR weakened:
- Euro (EUR)
- British Pound (GBP)
- Australian Dollar (AUD)
- Saudi Riyal (SAR)
- UAE Dirham (AED)
At the same time, the rupee managed gains against a few selected currencies, reflecting shifting demand patterns in the foreign exchange market.
Interbank Exchange Rates Overview
Below is a snapshot of the interbank exchange rates for December 18, 2025, compared with previous sessions:
| Currency | 17-Dec-2025 | 18-Dec-2025 | 19-Dec-2025 | Change (+/–) |
|---|---|---|---|---|
| USD | 280.2018 | 280.2728 | 280.2637 | +0.0091 |
| EUR | 329.4808 | 328.1154 | 328.8755 | -0.7601 |
| GBP | 375.4082 | 373.2394 | 374.7687 | -1.5293 |
| AUD | 186.1204 | 185.3725 | 185.1703 | +0.2022 |
| MYR | 68.5754 | 68.5515 | 68.5745 | -0.0230 |
| CNY | 39.8040 | 39.7796 | 39.7986 | -0.0190 |
| CAD | 203.4785 | 203.3246 | 203.4656 | -0.1410 |
| AED | 76.3224 | 76.3146 | 76.3121 | +0.0025 |
| SAR | 74.7173 | 74.7135 | 74.7191 | -0.0056 |
Rupee Gains Against Canadian Dollar
One notable move was against the Canadian Dollar (CAD). The rupee gained 14 paisas during the session, reflecting lower demand for CAD-related trade settlements.
This gain stood out on a day when the rupee remained under pressure against most regional and global currencies.
Why the Rupee Is Holding Firm Against the Dollar
Market watchers attribute the rupee’s extended stability against the dollar to several short-term factors:
- Controlled import payments
- Lower speculative demand in the interbank market
- Improved liquidity management by State Bank of Pakistan
- Stable remittance inflows
However, experts caution that this does not signal long-term strength, as external financing needs and trade deficits continue to pose risks.
What This Means for Pakistan’s Economy
A stable rupee helps:
- Keep import-driven inflation in check
- Provide predictability to businesses
- Reduce pressure on fuel and essential commodity prices
At the same time, exporters may see limited benefits if the currency remains range-bound for an extended period.
Conclusion
The Pakistani rupee’s 62-day winning streak against the US dollar is a notable development in Pakistan’s currency market. While daily gains remain small, the consistency points to short-term stability rather than sudden appreciation.
However, the mixed performance against other major currencies shows that challenges remain. Going forward, global dollar trends, external inflows, and policy decisions will play a key role in determining whether the rupee can sustain this momentum.
