Pakistani Rupee Extends Winning Streak. The Pakistani rupee continued its upward journey against the US dollar on Monday, extending its winning streak to an impressive 59 consecutive trading sessions in the interbank market. The local currency closed at Rs 280.31 per dollar after gaining one paisa during the day, reflecting sustained stability in the foreign exchange market. Although the rupee showed mixed performance against other major global currencies, its consistent strength against the dollar signals improved market confidence and tighter control over currency flows.
Rupee Performance Against the US Dollar
The rupee’s extended upward streak has surprised many market observers.
A 59-day rally is rare in Pakistan’s currency history.
Currency dealers say the trend reflects:
- Improved import controls
- Better dollar liquidity in the interbank market
- Reduced speculative demand
- Tight monitoring by regulators
Even marginal daily gains signal confidence.
They also help slow inflation and stabilize import costs.
Mixed Trend Against Major Global Currencies
Despite gains against the dollar, the rupee showed mixed movement against other foreign currencies during the session.
It lost ground against the euro, pound sterling, Australian dollar, and Chinese yuan.
However, it gained or stayed stable against Middle Eastern currencies.
Interbank Exchange Rate Comparison
Below is the official interbank performance of the Pakistani rupee over the last three sessions:
| Currency | 14 Dec 2025 | 15 Dec 2025 | 16 Dec 2025 | Change |
|---|---|---|---|---|
| USD | 280.3735 | 280.3217 | 280.3101 | +0.0116 |
| EUR | 326.5931 | 329.0836 | 328.7897 | -0.2939 |
| GBP | 373.6257 | 375.1966 | 374.5924 | -0.6042 |
| AUD | 186.4484 | 187.0166 | 186.2941 | -0.7225 |
| MYR | 68.0601 | 68.5048 | 68.5355 | -0.0307 |
| CNY | 39.6997 | 39.7318 | 39.7685 | -0.0367 |
| CAD | 202.3846 | 203.7074 | 203.6323 | +0.0751 |
| AED | 76.3420 | 76.3279 | 76.3205 | +0.0074 |
| SAR | 74.7145 | 74.6997 | 74.7075 | +0.0078 |
Gains Against Gulf Currencies Bring Relief
The rupee ended the day stronger against both the UAE Dirham and Saudi Riyal.
This matters for Pakistanis who:
- Work in the Gulf
- Send remittances home
- Travel frequently to Saudi Arabia or the UAE
Stable exchange rates help overseas workers plan better and reduce uncertainty in remittance inflows.
Canadian Dollar Sees Notable Movement
The rupee gained seven paisas against the Canadian dollar during the session.
Although the gain was modest, analysts say it reflects:
- Reduced demand for foreign currency
- Balanced trade payments
- Short-term market correction
Why This Rupee Rally Matters
A stable rupee benefits the economy in several ways:
- Lower import costs for fuel and food
- Reduced pressure on inflation
- Predictable pricing for businesses
- Improved investor confidence
- Better planning for exporters and importers
Sustained currency stability also supports government efforts to manage external debt.
Conclusion
The Pakistani rupee’s 59-day winning streak against the US dollar highlights improving discipline in the foreign exchange market. While losses against some global currencies persist, gains against the dollar and Gulf currencies signal stability.
