The Pakistani rupee saw marginal improvement against the US dollar on Tuesday, appreciating by 1.19 paisa in the interbank market to close at 279.91 per dollar compared to 279.92 a day earlier. During intraday trade, the currency touched a high of 280.30 (bid) and a low of 280.95 (ask). In the open market, the dollar was quoted at 280.75 for buying and 281.00 for selling.

Performance against major currencies was mixed. The rupee weakened noticeably against the Euro, British Pound and Swiss Franc, losing 0.52%, 0.63% and 0.73% respectively. In contrast, it inched up against the Japanese Yen, Saudi Riyal and UAE Dirham, while slipping slightly against the Chinese Yuan.

So far in FY26, the rupee has gained 3.85 rupees or 1.38% against the US dollar, and is up 21.15 paisa or 0.08% in the ongoing calendar year.

In the money market, the benchmark six-month Karachi Interbank Bid and Offer rates eased by 2 basis points to 10.05% and 10.30%.