The Pakistani rupee (PKR) continued its upward momentum on Monday, closing in the green against the United States Dollar for the 105th consecutive trading session. The sustained appreciation marks one of the longest winning streaks recorded by the local currency in recent years.

By the end of the trading day, the rupee settled at 279.55 against the dollar, gaining one paisa compared to the previous close. Although the increase appears marginal, the consistent daily gains have reinforced positive market sentiment.

Currency analysts attribute the steady performance to improved foreign exchange inflows, controlled import volumes, and enhanced regulatory oversight in the interbank market. Stable remittance flows and disciplined monetary management have also contributed to strengthening the rupee’s position.

Despite its gains against the US dollar, the rupee faced pressure against several other major international currencies during the same session. Market volatility in global forex markets and fluctuations in cross-currency rates influenced its broader performance.

The ongoing appreciation against the dollar is seen as a sign of relative stability in Pakistan’s external account position. A stronger rupee can help moderate inflation by reducing the cost of imported goods, particularly fuel and essential commodities priced in dollars.

However, economists caution that long-term sustainability depends on structural economic reforms and consistent foreign exchange reserves. Export competitiveness, import management, and fiscal discipline remain key factors influencing the currency’s trajectory.

The interbank market has closely monitored exchange rate movements, with traders reporting balanced demand and supply dynamics. Financial experts note that even small daily gains signal confidence among market participants.

As the rupee continues to post incremental advances, attention remains focused on upcoming economic indicators and global market trends. While short-term momentum remains positive, policymakers will need to maintain prudent strategies to ensure stability in the months ahead.