Euro Crashes After Violent Protests in France
The Pakistani rupee (PKR) closed in green against the US Dollar (USD) for the 264th consecutive day on Monday. PKR … Read More The post Euro Crashes After Violent Protests in France appeared first on ProPakistani .
On October 16, 2026, the Pakistani rupee (PKR) experienced a significant rally against the Euro (EUR) following violent protests in France. According to BBC reports, France's Interior Minister Laurent Nuñez stated that the police had "lost control" during the unrest. The head of France's Chambers of Commerce and Industry revealed that the protests directly affected 2,000 businesses that day.
Since December 25, 2025, the PKR has consistently reported gains against the US Dollar. On October 14, the PKR closed at 276.9545 against the USD, gaining a mere 0.0093 against the greenback. However, the rupee demonstrated a remarkable rebound against the Euro, surging from 310.0505 to 311.3316 over the course of three days, marking a noteworthy increase of 0.9103 against the EUR.
Despite a one-paisa gain against the UAE Dirham and stability against the Saudi Riyal, the PKR faced challenges against the British Pound and the Australian Dollar, losing three paisas and 49 paisas respectively compared to their values on October 14.
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