PKR breaks below 277 against USD for first time since October 2023

PSX Update • Oct 12, 2026

The Pakistani rupee strengthened against the US dollar on Monday, gaining 3.04 paisa in the interbank market to close at PKR 276.97, compared with the previous session's closing rate of 277.00.

October 12, 2026 (MLN): The Pakistani rupee strengthened against the US dollar on Monday, gaining 3.04 paisa in the interbank market to close at PKR 276.97, compared with the previous session's closing rate of 277.00. The latest closing marks the rupee's return below the 277 level for the first time since October 16, 2023, when the local currency settled at 276.8346 against the dollar. During the session, the dollar...