By Moaaz Manzoor
The Pakistan rupee stability held its ground last week, refusing to give in to pressure as steady remittance inflows and growing foreign exchange reserves helped keep it stable.
According to this reporter, the local currency managed to stay firm against major global currencies during the week ending October 24, 2025 — a sign of calm in an otherwise uncertain economy.
Rupee vs Dollar: Minimal Changes in Currency Rates
The week began quietly in the money markets. Data from the State Bank of Pakistan (SBP) showed that the US dollar stood at Rs280.8570 for buying and Rs281.2889 for selling on October 20.
Over the next few sessions, the rate barely moved — Rs280.8512 and Rs281.2830 on October 21, Rs280.8414 and Rs281.2733 on October 22, and Rs280.7831 and Rs281.2150 on October 23 — before ending slightly lower at Rs280.7713 and Rs281.2032 on October 24.
Euro and Pound Weaken Slightly Against the Rupee
The euro also softened slightly during the week. It opened at Rs327.6398 (buying) and Rs328.1488 (selling) on October 20, slipped to Rs325.6520 and Rs326.1580 by October 23, and finally closed at Rs325.9075 and Rs326.4348.
The British pound followed the same pattern — starting the week at Rs377.1200 and Rs377.7144 and easing to Rs374.0287 and Rs374.6140 by the week’s end.
Asian Currencies Stay Steady Through the Week
Meanwhile, the Chinese yuan stayed steady, beginning at Rs39.4187 and Rs39.4703 on October 20 and closing slightly lower at Rs39.4061 and Rs39.4581 on October 24.
The Saudi riyal barely moved, trading between Rs74.8873–Rs74.9981 and Rs74.8653–Rs74.9773. The Japanese yen also kept a narrow range, ending at Rs1.8360 (buying) and Rs1.8388 (selling).
Forex Reserves Rise as Rupee Holds Its Value
In a weekly review, Arif Habib Limited (AHL) reported that Pakistan’s foreign exchange reserves held by the SBP climbed to USD 14.45 billion, a weekly gain of USD 14.4 million.
The firm said the rupee stayed almost unchanged during the week, closing at around Rs281.02 per US dollar.
AKD Securities Limited noted a similar trend, saying the rupee appreciated slightly by 0.03 percent, ending the week near Rs281 per dollar.
Experts Predict Continued Stability in Coming Weeks
Experts believe this steady trend shows that Pakistan’s foreign exchange situation is balanced. They pointed to consistent remittance inflows, moderate import demand, and a calm investor mood as key factors keeping the rupee steady.
With stronger reserves and continued financial support expected from international partners, the local currency seems set to hold its current position — at least for now.
Author Profile
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Moaaz Manzoor is a business correspondent who meticulously tracks Pakistan’s crucial but neglected natural resource industries.
He specializes in exposing inefficiencies and charting the course of modernization, highlighting how efforts to mechanize mining have dramatically cut marble and granite wastage, driving a recovery and attracting vital investment.
