The Pakistani Rupee continues its downward slide against global currencies, nearing 287 rupees against the US dollar in the open market on July 3, 2025. According to data from the Exchange Companies Association of Pakistan (ECAP), the greenback was trading between 285.06 rupees and 286.40 rupees, raising concerns about mounting economic pressures.

The local currency also weakened against other major currencies. The Euro was priced between 336.07 rupees and 338.36 rupees, while the British Pound Sterling climbed between 389.08 rupees and 391.74 rupees. The Japanese Yen saw a slight increase, trading between 1.94 rupees and 1.99 rupees.

Similarly, the UAE Dirham and the Saudi Riyal strengthened against the Pakistani Rupee. The Dirham exchanged between 77.68 rupees and 78.10 rupees, and the Riyal was trading between 75.98 rupees and 76.40 rupees.

In the interbank market, the dollar remained marginally volatile between 283.86 rupees and 284.06 rupees. The persistent decline of the rupee raises fears of an increasing inflationary burden and higher import costs for Pakistan.