Rupee Rises Against US Dollar with 38th Consecutive Gain: The Pakistani Rupee (PKR) continues to impress market watchers by rising against the US Dollar (USD) for the 38th consecutive day. This persistent upward trend shows increasing confidence in Pakistan’s currency and has attracted attention from investors, traders, and financial analysts.
In Tuesday’s interbank session, the PKR remained green against all major currencies, highlighting its growing stability despite global market fluctuations.
PKR Gains Against the US Dollar
On November 18, 2025, the Pakistani Rupee recorded a small but significant gain against the US Dollar. The currency appreciated by 0.01% day-on-day, closing at 280.67 PKR per USD after gaining three paisas.
Year-to-date, the PKR has gained 1.14% against the USD, reflecting steady improvement in Pakistan’s foreign exchange market. Experts attribute this trend to positive trade balances, government policy support, and growing foreign investment inflows.
PKR Performance Against Other Major Currencies
The Pakistani Rupee also strengthened against several other major currencies in Tuesday’s interbank market session:
- UAE Dirham (AED): Stable with minor fluctuations.
- Saudi Riyal (SAR): Gained one paisa.
- Canadian Dollar (CAD): Rose by 42 paisas.
- Australian Dollar (AUD): Increased by Rs. 1.37.
- Euro (EUR): Gained 46 paisas.
- British Pound (GBP): Increased by 50 paisas.
These gains demonstrate the PKR’s broader resilience and growing market confidence.
Interbank Currency Table (PKR vs Major Currencies)
| Currency | 14-Nov 2025 | 17-Nov 2025 | 18-Nov 2025 | Change (+/-) |
|---|---|---|---|---|
| USD | 280.7235 | 280.7115 | 280.6735 | 0.0380 |
| EUR | 326.5516 | 325.9622 | 325.4971 | 0.4651 |
| GBP | 368.7444 | 369.8374 | 369.3383 | 0.4991 |
| AUD | 183.2002 | 183.4450 | 182.0729 | 1.3721 |
| MYR | 67.9225 | 67.6332 | 67.3482 | 0.2850 |
| CNY | 39.5421 | 39.5118 | 39.4634 | 0.0484 |
| CAD | 199.9669 | 200.2365 | 199.8103 | 0.4262 |
| AED | 76.4300 | 76.4257 | 76.4195 | 0.0062 |
| SAR | 74.8596 | 74.8524 | 74.8403 | 0.0121 |
Reasons Behind PKR’s Strength
Several factors have contributed to the Pakistani Rupee’s steady rise against the US Dollar and other currencies:
1. Positive Trade Balance
Growing exports have improved Pakistan’s trade balance, reducing pressure on the PKR and supporting its value.
2. Foreign Investment Inflows
Rising foreign direct investment (FDI) and remittances are increasing liquidity in the interbank market, boosting the PKR’s performance.
3. Government and SBP Policies
The State Bank of Pakistan’s interventions and supportive fiscal measures are helping stabilize the currency and maintain upward momentum.
4. Global Market Trends
Global commodity prices, oil rates, and USD fluctuations also affect the PKR. Recent trends have favored emerging market currencies like the PKR.
Expert Views on the PKR Uptrend
Financial analysts believe the Pakistani Rupee may continue its gradual rise if current economic policies remain consistent. Observations include:
- Interbank gains reflect growing investor confidence.
- Strong remittances and export growth are likely to sustain the currency’s upward movement.
- External debt and inflation management will influence future performance.
However, experts warn that global uncertainties, including geopolitical risks and USD volatility, could impact PKR gains.
Implications for Traders and Investors
The rupee’s positive trend presents opportunities for multiple stakeholders:
- Forex Traders: Can capitalize on PKR appreciation against USD and other currencies.
- Importers and Exporters: Should monitor exchange rates to optimize costs and revenue.
- Investors: Can use currency trends to diversify portfolios and manage risk.
Even minor interbank fluctuations can have significant implications, making daily monitoring essential.
Key Highlights
- The Pakistani Rupee (PKR) rises for the 38th straight day against the US Dollar (USD).
- PKR also gains against major currencies such as the Euro, British Pound, and Australian Dollar.
- Government measures, exports, and foreign inflows are key drivers of PKR’s gains.
- Analysts remain cautiously optimistic and advise monitoring global economic factors.
Conclusion
The Pakistani Rupee’s continued rise against the US Dollar and other major currencies reflects its growing stability and investor confidence. Sustained fiscal policies, rising exports, and steady foreign inflows could help maintain this positive momentum.
Traders, investors, and businesses are advised to stay informed about market dynamics to make strategic financial decisions, ensuring they capitalize on the PKR’s strengthening trend.
