Rupee Hits Record 94-Day Winning Streak vs. US Dollar

The Pakistani rupee rose for the 94th consecutive day against the US dollar. It closed at Rs. 279.72 per dollar in the interbank market on Wednesday. This marks a record run and reflects growing confidence in the currency.

The rupee also gained against the UAE dirham and Saudi riyal. It weakened slightly against the British pound and the euro. Market analysts said foreign inflows and stable demand supported the currency. Traders remain cautious as global market trends continue to influence exchange rates.

Currency 04-Feb
2026
03-Feb
2026
02-Feb
2026
Change
+/–
USD 279.7235 279.7518 279.7603 0.0283
AUD 196.8554 196.8893 194.2656 0.0339
CNY 40.3257 40.3289 40.2397 0.0032
CAD 205.1887 204.8563 204.9451 -0.3324
AED 76.1567 76.1727 76.1667 0.016
SAR 74.5909 74.5985 74.5888 0.0076
MYR 71.2037 71.2653 70.9692 0.0616
GBP 383.6967 383.1621 382.8101 -0.5346
EUR 330.9549 330.5548 331.6559 -0.4001

A stronger currency has a profound effect on the national economy, as it reduces the prices of imported fuel. Such a change contributes to the reduction of inflation and alleviates consumer pressure. It also decreases the total volume of external debt. Stable rates boost investor confidence in local markets.

Financial analysts expect this trend to improve the trade deficit in the coming months. Continuous growth in value lowers import costs for raw materials. This trend remains a key indicator of improving national financial health.

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