Pakistani Rupee Gains Against Us Dollar Amid Strong Remittances

As of February 27, 2026, the Pakistani Rupee (PKR) has extended its historic winning streak against the U.S. dollar, closing at 279.47 after gaining three paisas, marking the 109th consecutive day of gains. The PKR's performance has been bolstered by strong remittance inflows from the UAE and Saudi Arabia, and it has also posted gains against other major currencies, including an increase of Rs. 1.77 against the British Pound (GBP) and seven paisas against the Euro (EUR) (ProPakistani). This positive momentum contrasts sharply with the Indian Rupee (INR), which has shown some resilience by logging its first monthly gain since April 2025, closing at 90.99 against the U.S. dollar despite a marginal fall of 8 paise. The INR's recovery was initially supported by foreign portfolio inflows and a U.S.-India trade deal, but negative sentiment emerged following the U.S. Supreme Court's decision to strike down President Trump's global tariffs and concerns regarding the impact of artificial intelligence on India's IT sector.