The Pakistani rupee finished higher against the US dollar on Tuesday, marking its 265th consecutive day in positive territory. Advancing by three paisas during the session, the local currency settled at 276.87.
A day trader told ProPakistani that the currency could surpass 275 per US dollar by early 2027 if current momentum continues.
Currency trading received support prior to the closing bell following earlier reports from TRT World that Pakistan plans to enter a major defense agreement with Qatar, Turkey, and Indonesia. The currency has maintained continuous gains against the dollar since December 25, 2025.
Other Currencies
Against other foreign currencies, the rupee dropped 62 paisas versus the British pound and 34 paisas against the Australian dollar. It also declined by 14 paisas against the euro and 47 paisas against the Canadian dollar.
While the rupee remained steady against the UAE dirham, it dropped two paisas in comparison to the Saudi riyal.
