On Monday, 12 October 2026, the rupee firmed slightly versus the dollar, adding three paisa to finish at Rs276.97 in interbank trading. In the same market, the buying quote stood at Rs276.97 and the selling quote at Rs277.17.
Open market dollar rates move in different directions
In the open market, the rupee did not follow a single trend. The buying rate rose four paisa to Rs277.48, while the selling rate fell 14 paisa to Rs278.83.
Rupee firms against euro, dirham and riyal
The rupee also strengthened against other major currencies. It gained 57 paisa on buying and 58 paisa on selling against the euro, closing at Rs310.11 and Rs313.10. Against the UAE dirham, it added four paisa on both rates, settling at Rs75.53 and Rs76.12.
Versus the Saudi riyal, the buying rate climbed six paisa to Rs73.83, and the selling rate edged up one paisa to Rs74.40.
Oil prices and global conditions shape currency demand
Currency movements continue to reflect global economic conditions and oil prices. These factors can affect Pakistan’s external payments and demand for foreign exchange.
