Rupee Again Drops Below Rs. 380 Against British Pound to End May 2025

The Pakistani rupee (PKR) closed in green against the US Dollar (USD) on Friday but in red against British Pound (GBP). On a day-on-day (DoD) basis, the interbank rate stayed at 282-283/$ most of the day before closing at the 281 level. Open market rates across multiple currency counters remained at the 282-284 level today. It was stable all day and closed in green against the greenback. Meanwhile, it posted gains against most of the other major currencies during today’s session. The PKR appreciated by 0.02 percent DoD after gaining four paisas and closed at 282.02 against the US Dollar today. On a fiscal year-to-date basis (FYTD), the PKR has lost 1.31 percent against the US Dollar. The PKR was green against most of the other major currencies in the interbank market today. It gained one paisa against the UAE Dirham (AED) and two paisas against the Saudi Riyal (SAR). Meanwhile, it gained one paisa against the Canadian Dollar (CAD). The rupee gained 82 paisas against the Australian Dollar (AUD) in today’s interbank currency market. It lost Rs. 1.75 against the Euro (EUR) and 41 paisas against the British Pound (GBP).