Rupee Remains Stable Against USD as Other Currencies Fluctuate
The State Bank of Pakistan released its Mark-to-Market Currency Rates report for July 31, 2026. The Pakistani rupee saw almost no movement against its most critical trading partner, the US Dollar (USD), over the last few days of the month.
The USD finished July around 277.8036 in the ready market, from 277.8618 on July 27th it only gave away roughly six paisas of hard-won gains back to the Pakistani rupee.
However, other currencies showed more significant changes against PKR. The Saudi Riyal (SAR) picked itself up from 74.0215 to 73.9843, while the UAE Dirham came down slightly from 75.6498 to 75.6422.
The British Pound (GBP) rose substantially to 373.4513 from 370.5149, adding back more than 293 paisas of last week’s rupee gains in a snap movement which would have given UK university students in Pakistan headaches.
The Turkish Lira moved up again against PKR today, going up to 5.8454 in the ready market, but compared to previous months the depreciation seems slower on the Lira.