The Pakistani rupee remained largely stable against major foreign currencies on Tuesday, trading within a narrow band in both the interbank and open markets as market participants awaited fresh economic cues.

According to the latest exchange rates published by forex.pk, 1 US dollar was valued at Rs280.6 in the open market on Tuesday afternoon, reflecting minimal change in trading activity. This open-market rate indicates marginal volatility movement in currency demand and supply.

Among other major currencies, the euro was quoted at around Rs328.3, while the British pound was trading near Rs378, according to the same source.

The UAE dirham and Saudi riyal were close to Rs75.5 and Rs74.5, respectively, underscoring broad stability across key exchange rates.

Market watchers said traders were still digesting global economic developments alongside domestic indicators, including monetary policy trends, commodity prices, and geopolitical dynamics that could influence short-term currency direction.

This backdrop has contributed to range-bound activity and controlled fluctuation in both interbank and open market segments. Analysts described the rupee’s performance as reflective of cautious stability, with limited volatility across major currency pairs.