Pakistani Rupee Under Pressure as Dollar Strengthens in Open Market

The Pakistani Rupee experienced notable pressure against the US Dollar in the open market on Tuesday, with the greenback trading at a higher value compared to the interbank rate, according to figures released by the Exchange Companies Association of Pakistan (ECAP).

Data for December 16, 2025, indicated the American currency was being bought at Rs. 280.71 and sold at Rs. 281.35 in open market dealings.

These figures reflected a premium over the interbank market, where the US Dollar was quoted with a tighter spread, having a buying rate of Rs. 280.30 and a selling rate of Rs. 280.50.

The Euro emerged as the most expensive major currency, with its buying price recorded at Rs. 329.34 and its selling price reaching Rs. 332.17.

Similarly, the British Pound Sterling also demonstrated a strong position, being traded at Rs. 374.99 for buying and Rs. 378.32 for selling.

In Asian and Middle Eastern currencies, the Japanese Yen was valued between Rs. 1.79 and Rs. 1.85. The UAE Dirham (AED) was quoted at Rs. 76.56 for buying and Rs. 77.33 for selling, while the Saudi Riyal (SR) had rates of Rs. 74.78 and Rs. 75.39 for buying and selling, respectively.