Rupee Starts April in Red Against Top Currencies

The Pakistani rupee (PKR) closed in red to start the fourth month of 2025 against the US Dollar (USD) today after opening trade at 281 in the interbank market. On a day-on-day (DoD) basis, the interbank rate stayed at 280-282/$ most of the day before closing at the 280 level. Open market rates across multiple currency counters remained at the 281-282 level today. It was stable all day and closed in red against the greenback. Meanwhile, it posted losses against most of the other major currencies during today’s session. The PKR depreciated by 0.14 percent DoD after losing 40 paisas and closed at 280.56 against the US Dollar today. The PKR was red against most of the other major currencies in the interbank market today. It lost 10 paisas against the UAE Dirham (AED) and nine paisas against the Saudi Riyal (SAR). Meanwhile, it lost Rs. 2.58 against the Canadian Dollar (CAD). It lost Rs. 5.52 against the Euro (EUR) and Rs. 5.67 against the British Pound (GBP). The rupee lost 69 paisas against the Australian Dollar (AUD) in today’s interbank currency market.