Rupee’s Performance Against US Dollar Since 04 March 2025
const ctx = document.getElementById(‘closingRatesChart’).getContext(‘2d’);
const closingRatesChart = new Chart(ctx, {
type: ‘line’,
data: {
labels: [
“04-Mar-25”, “05-Mar-25”, “06-Mar-25”, “07-Mar-25”, “10-Mar-25”, “11-Mar-25”, “12-Mar-25”,
“13-Mar-25”, “14-Mar-25”, “17-Mar-25”, “18-Mar-25”, “19-Mar-25”, “20-Mar-25”, “21-Mar-25”, “24-Mar-25”,
“25-Mar-25”, “26-Mar-25”, “27-Mar-25”, “28-Mar-25”, “03-Apr-25”, “04-Apr-25”, “07-Apr-25”, “08-Apr-25”, “09-Apr-25”, “10-Apr-25”, “11-Apr-25”, “14-Apr-25”, “15-Apr-25”, “16-Apr-25”, “17-Apr-25”, “18-Apr-25”, “21-Apr-25”, “22-Apr-25”, “23-Apr-25”, “24-Apr-25”, “25-Apr-25”, “28-Apr-25”, “29-Apr-25”, “30-Apr-25”, “02-May-25”, “05-May-25”, “06-May-25”, “07-May-25”, “08-May-25”, “09-May-25”, “12-May-25”, “13-May-25”, “14-May-25”, “15-May-25”, “16-May-25”, “19-May-25”, “20-May-25”, “21-May-25”, “22-May-25”, “23-May-25”, “26-May-25”, “27-May-25”, “29-May-25”, “30-May-25”, “02-Jun-25”, “03-Jun-25”, “04-Jun-25”, “05-Jun-25”, “10-Jun-25”, “11-Jun-25”, “12-Jun-25”, “13-Jun-25”, “16-Jun-25”, “17-Jun-25”, “18-Jun-25”, “19-Jun-25”, “20-Jun-25”, “23-Jun-25”, “24-Jun-25”, “25-Jun-25”, “26-Jun-25”, “27-Jun-25”, “30-Jun-25”, “02-Jul-25”, “03-Jul-25”, “04-Jul-25”, “07-Jul-25”, “08-Jul-25”, “09-Jul-25”, “10-Jul-25”, “11-Jul-25”, “14-Jul-25”, “15-Jul-25”, “16-Jul-25”, “17-Jul-25”, “18-Jul-25”, “21-Jul-25”, “22-Jul-25”, “23-Jul-25”, “24-Jul-25”, “25-Jul-25”, “28-Jul-25”, “29-Jul-25”, “30-Jul-25”, “31-Jul-25”, “01-Aug-25”, “04-Aug-25”, “05-Aug-25”, “06-Aug-25”, “07-Aug-25”, “08-Aug-25”, “11-Aug-25”, “12-Aug-25”, “13-Aug-25”, “15-Aug-25”, “18-Aug-25”, “19-Aug-25”, “20-Aug-25”, “21-Aug-25”, “22-Aug-25”, “25-Aug-25”, “26-Aug-25”, “27-Aug-25”, “28-Aug-25”, “29-Aug-25”, “01-Sep-25”, “02-Sep-25”, “03-Sep-25”, “04-Sep-25”, “05-Sep-25”, “08-Sep-25”, “09-Sep-25”, “10-Sep-25”, “11-Sep-25”, “12-Sep-25”, “15-Sep-25”, “16-Sep-25”, “17-Sep-25”, “18-Sep-25”, “19-Sep-25”, “21-Sep-25”, “22-Sep-25”, “23-Sep-25”, “24-Sep-25”, “25-Sep-25”, “26-Sep-25”, “29-Sep-25”, “30-Sep-25”, “01-Oct-25”, “02-Oct-25”, “03-Oct-25”, “06-Oct-25”, “07-Oct-25”, “08-Oct-25”, “09-Oct-25”, “10-Oct-25”, “13-Oct-25”, “14-Oct-25”
],
datasets: [{
label: ‘Closing Rates’,
data: [
279.77, 279.87, 279.82, 279.97, 280.07, 279.95, 279.97, 280.05, 280.21, 280.17, 280.27, 280.21, 280.22, 280.26, 280.37, 280.42, 280.26, 280.22, 280.16, 280.56, 280.47, 280.57, 280.73, 280.78, 280.56, 280.47, 280.60, 280.57, 280.46, 280.62, 280.72, 280.87, 280.77, 280.97, 281.07, 280.97, 281.07, 281.02, 280.97, 281.06, 281.22, 281.37, 281.47, 281.52, 281.71, 281.57, 281.67, 281.72, 281.61, 281.66, 281.77, 281.92, 281.97, 282.06, 281.97, 282.06, 282.17, 282.07, 282.02, 281.97, 282.12, 282.22, 282.17, 282.21, 282.47, 282.67, 282.96, 283.17, 283.41, 283.55, 283.64, 283.70, 283.87, 283.77, 283.72, 283.67, 283.72, 283.76, 283.95, 283.86, 283.97, 284.22, 284.36, 284.47, 284.56, 284.46, 284.72, 284.67, 284.96, 284.97, 284.87, 284.95, 284.97, 284.76, 284.22, 283.45, 283.21, 283.05, 282.95, 282.87, 282.72, 282.66, 282.57, 282.67, 282.56, 282.47, 282.45, 282.42, 282.22, 282.06, 282.01, 281.96, 281.95, 281.92, 281.90, 281.87, 281.86, 281.83, 281.8, 281.77, 281.75, 281.72, 281.71, 281.67, 281.65, 281.62, 281.61, 281.60, 281.56, 281.55, 281.52, 281.51, 281.50, 281.47, 281.46, 281.45, 281.46, 281.42, 281.43, 281.41, 281.37, 281.35, 281.32, 281.31, 281.27, 281.26, 281.25, 281.22, 281.21, 281.20, 281.17, 281.16, 281.15
],
borderColor: ‘black’,
borderWidth: 1,
fill: false,
pointRadius: 3
}]
},
options: {
responsive: true,
plugins: {
legend: {
display: false
}
},
scales: {
x: {
title: {
display: true,
text: ‘Date’
}
},
y: {
title: {
display: true,
text: ‘Closing Rate’
}
}
}
}
});
The Pakistani rupee posted marginal gain against the US dollar during trading in the inter-bank market on Tuesday.
At close, the local currency settled at 281.15, up by Re0.01 against the US dollar.
On Monday, the local unit closed at 281.16.
Internationally, the US dollar held steady on Tuesday as US President Donald Trump’s watered-down rhetoric against tariffs on China and a potential meeting with his Chinese counterpart raised hopes of de-escalation in tensions between the two economic heavyweights.
Currency markets were calmer in early Asian trade after a chaotic Friday session when Trump abruptly announced additional levies of 100% on China’s US-bound exports, only to later sound more conciliatory over the weekend.
US Treasury Secretary Scott Bessent also said on Monday that Trump remains on track to meet Chinese leader Xi Jinping in South Korea in late October.
All that breathed new life into the dollar, which in turn kept the euro below the $1.16 level to trade at $1.1566.
Sterling eased 0.06% to $1.3328, while the New Zealand dollar fell anew to hit a six-month low of $0.57145.
Against a basket of currencies, the dollar ticked 0.04% higher to 99.34. The Aussie was little changed at $0.6516, while the yen fell roughly 0.2% to 152.57 per dollar.
Oil prices, a key indicator of currency parity, fell by more than 2% on Tuesday as the International Energy Agency warned of a huge supply glut in 2026, and as trade tensionspersisted between the U.S. and China, the world’s two biggest economies.
Brent crude futures fell $1.38, or 2.2%, to $61.94 a barrel by 11:47 a.m. ET (15:47 GMT), while U.S. West Texas Intermediate crude was down 2.1%, or $1.24, at $58.27. Both contracts were at a five-month low.
Inter-bank market rates for dollar on Tuesday
BID Rs 281.15
OFFER Rs 281.35
Open-market movement
In the open market, the PKR gained 2 paisa for buying and remained unchanged for selling against USD, closing at 281.61 and 282.20, respectively.
Against Euro, the PKR gained 90 paisa for buying and 1.29 rupee for selling, closing at 325.52 and 328.98, respectively.
Against UAE Dirham, the PKR gained 1 paisa for buying and lost 2 paisa for selling, closing at 76.77 and 77.54, respectively.
Against Saudi Riyal, the PKR remained unchanged for buying and lost 1 paisa for selling, closing at 75.03 and 75.66, respectively.
Open-market rates for dollar on Tuesday
BID Rs 281.61
OFFER Rs 282.20
American Dollar Exchange Rate