PKR Market Update
13 May 2026 • 00:35 GMT
The Pakistani Rupee (PKR) has remained relatively stable against the US dollar in recent weeks, trading near its 3-month average at around 0.003589. It has moved within a narrow range from 0.003566 to 0.003599, showing only slight fluctuations of about 0.9%.
Despite ongoing external pressures, Pakistan’s economy has maintained resilience. The government’s focus on IMF-supported reforms, along with increased foreign reserves now standing at approximately $16.2 billion, has helped stabilize the currency. The PKR also remains steady against major currencies like the euro and the Canadian dollar, trading close to its long-term average levels.
However, the rupee has seen a small rise against the Indian rupee, hitting near a 90-day high at around 0.003433, about 3% above its recent average. This indicates some movement amidst a generally stable environment. With Pakistan’s consistent policy efforts and manageable external debt, the PKR outlook remains balanced, though external factors could influence future fluctuations.
Overall, the PKR continues to trade in a narrow, stable range, supported by policy measures and steady remittance inflows.
📊 Quick forecast view
🟢 Mild upside
N/A
🌍 Global risk sentiment
⚪ Range-bound