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Rupee Gains Against Top Currencies as Oil Meetings Continue in Islamabad

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WEB DESK

Rupee gains against top currencies continued on Monday as the Pakistani currency closed stronger against the US Dollar. The local currency maintained its positive trend for the 128th straight session in the interbank market.

The rupee settled at 279.16 against the dollar. It gained four paisas during the day. Market activity remained stable, showing growing confidence among traders.


Oil Meetings in Islamabad Support Market Sentiment

Experts say rupee gains against top currencies are linked to ongoing oil-related meetings in Islamabad. These discussions have helped stabilize expectations in the financial market.

Oil prices in the global market remained within last week’s range. Rates stayed between $98 and $116 per barrel. This stability has reduced pressure on the rupee.

Traders believe the market is cooling down as international currencies face pressure due to global political developments.


Strong Performance Against Major Currencies

Rupee gains against top currencies were also visible against other global currencies.

The rupee gained Rs. 2.76 against the British Pound and Rs. 1.56 against the Euro. This shows improved strength in the local currency.

It also increased by Rs. 2.42 against the Australian Dollar and Rs. 1.20 against the Canadian Dollar. These gains reflect a broader recovery trend.


Minor Gains Against Regional Currencies

Rupee gains against top currencies included small increases against regional currencies as well.

The rupee gained one paisa against the UAE Dirham and three paisas against the Saudi Riyal. Though small, these gains indicate steady improvement.

Currency Exchange Rate Table (PKR Performance)

Currency 25-Mar-2026 26-Mar-2026 27-Mar-2026 Change (+/–)
USD 279.2113 279.2015 279.1616 +0.0399
EUR 323.8013 322.4359 320.8683 +1.5676
GBP 374.0593 372.3990 369.6378 +2.7612
AUD 194.5405 193.7100 191.2815 +2.4285
MYR 70.4634 69.9228 69.2537 +0.6691
CNY 40.4669 40.4364 40.3853 +0.0511
CAD 202.5472 201.8519 200.6480 +1.2039
AED 76.0265 76.0239 76.0109 +0.0130
SAR 74.4048 74.4220 74.3895 +0.0325

Note: Positive change shows the Pakistani Rupee strengthened against these currencies.


Market Outlook Remains Positive

Analysts expect rupee gains against top currencies to continue if current conditions remain stable. Ongoing discussions with oil-producing countries may further support the currency.

Market watchers say investor confidence is improving. However, global factors and oil price movements will remain important in the coming days.

WEB DESK

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