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Rupee Holds Firm Against Dollar Despite Market Pressures

PKR

The Pakistani rupee remained largely stable against the US dollar in the open market on 2 September 2025, with the buying rate at Rs 282.9 and the selling rate at Rs 283.70. In the interbank market, the rupee traded at Rs 282.9 against the greenback.

Currency dealers noted that stability in the dollar-rupee parity was a positive sign, but they cautioned that volatility could return due to global economic pressures.

Rates for other major currencies also reflected market activity, with the British pound quoted at Rs 381.30 for buying and Rs 383.30 for selling, while the euro stood at Rs 328.5 and Rs 330.30, respectively.

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In the Gulf region’s currencies, the Saudi riyal was recorded at Rs 75.8 for buying and Rs 76 for selling. The UAE dirham stood at Rs 77.45 and Rs 77.6. Analysts suggested that strong remittance inflows and central bank monitoring had helped contain exchange rate swings.

Other currencies showed moderate variations. The Canadian dollar traded at Rs 205 for buying and Rs 210 for selling, while the Australian dollar hovered between Rs 184.1 and Rs 189.75.

The Chinese yuan stood close to Rs 39, while the Kuwaiti dinar and Omani riyal remained significantly higher at Rs 918.35 and Rs 736.70, respectively.

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