Pakistani rupee (PKR) market outlook and exchange rates

PKR Market Update

12 Aug 2026 • 00:36 GMT

PKR/USD 0.003599

The Pakistani Rupee (PKR) remains near its 14-day lows against the US dollar, trading close to 0.003599, just above its 3-month average. The currency has moved within a narrow 0.8% range from 0.003583 to 0.003613, reflecting stability despite broader USD strength.

The US dollar is supported by expectations that the Federal Reserve will continue tightening monetary policy, with recent US jobs data hinting at ongoing inflationary pressures. Additionally, rising energy prices and geopolitical tensions in regions like the Middle East are keeping USD gains supported.

Pakistan's economic outlook remains steady, with foreign reserves around $16.2 billion thanks to IMF disbursements. The government’s focus on fiscal measures and controlled policy interventions have helped shield the PKR from more significant fluctuations. Analysts expect the PKR to hover around 280 per USD in the near term, but external economic shocks could add volatility.

Overall, while the USD remains strong, the PKR's recent moves stay within a stable range, supported by policy efforts and remittance inflows. Keep watching global developments, especially energy prices and geopolitical issues, for potential impacts on currency movements.