Rupee Under Pressure Again as Dollar, Pound and Euro Surge; Latest Open Market and Interbank Rates Released

Karachi: Pakistan’s currency market witnessed renewed volatility on Tuesday, December 16, 2025, as the Pakistani rupee came under pressure once again, leading to a mild to moderate increase in the value of major foreign currencies including the US dollar, British pound and euro. Economic experts attribute the depreciation of the rupee to external payment pressures and an imbalance between demand and supply.

According to the latest data released by Forex.pk, the US dollar in the open market rose to Rs 283.25 for selling and Rs 281.00 for buying. The British pound surged further, reaching Rs 378.50 (selling) and Rs 375.25 (buying), while the euro was recorded at Rs 332.00 for selling and Rs 329.00 for buying.

Middle Eastern currencies also showed an upward trend. The Saudi riyal was sold at Rs 75.45, the UAE dirham at Rs 77.25, the Kuwaiti dinar at Rs 921.40, the Bahraini dinar at Rs 753.50, and the Omani riyal at Rs 738.25.

Among other trading currencies, the Australian dollar reached Rs 189.00, the Canadian dollar Rs 204.50, and the Chinese yuan climbed to Rs 39.79. The Japanese yen was traded at Rs 1.8900, the Swiss franc at Rs 354.09, and the Thai baht at Rs 8.88.

In the interbank market, the dollar also remained firm, with interbank trading closing at Rs 280.70 (selling). The British pound settled at Rs 375.11, while the euro closed at Rs 329.53.

Market sources said most foreign currencies showed an upward trend during the session, although slight fluctuations were observed in the Japanese yen and a few other currencies.