Rupee Falls Below British Pound to End Week

The Pakistani rupee (PKR) experienced a decline, falling below the British Pound (GBP) to conclude the week. As of Friday, the PKR closed at 277.41 against the US Dollar (USD), marking its 233rd consecutive day of being in the green. This gain of one paisa against the USD was a positive sign for the Pakistani currency. However, the rupee experienced a notable drop against the GBP, losing Rs.

1.08, as well as 47 paisas against the Australian Dollar (AUD), 46 paisas against the Euro (EUR), and 14 paisas against the Canadian Dollar (CAD). Despite these fluctuations, the PKR remained stable against the UAE Dirham (AED) and the Saudi Riyal (SAR) during the week. The currency's performance over the past four days showed a slight upward trend against the USD, while other major currencies like the Euro, British Pound, Australian Dollar, Malaysian Ringgit, Chinese Yuan, Canadian Dollar, UAE Dirham, and Saudi Riyal exhibited varying degrees of movement.