đ”đ° Pakistan Rupee Hits 55-Day Winning Streak
The Pakistani Rupee (PKR) continues its upward run, closing at 280.41 per USD â marking 55 straight days of gains. This streak reflects growing market confidence despite global currency volatility.
đ Key Moves
ăStrongest gain vs Canadian Dollar (CAD): +Rs. 2.49
ăMinor gains vs EUR, AUD, AED
ăStable vs GBP, SAR
đ Why PKR Is Rising
âȘïžControlled USD demand
âȘïžBoosted remittances & exports
âȘïžImproved market confidence
âȘïžCrackdown on illegal FX trade
đĄ Impact
âLowers import & fuel costs
âReduces inflation pressure
âStrengthens investor confidence & market stability
đź Outlook
PKR may stay strong if USD demand remains low, reforms continue, and global markets stay calm. Any geopolitical shocks or oil price spikes could disrupt the streak.
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