As of February 16, 2026, the Pakistani rupee (PKR) has closed at 90.67 PKR per USD, slipping 1 paisa in early trading. This decline comes amidst a marginal rise in global crude oil prices and a sharp decrease in the country's forex reserves, which have weighed heavily on the local currency, according to forex traders reported by The Hindu. Previously, the PKR had achieved a remarkable milestone by closing in the green for 101 consecutive days against the USD, settling at 279.61 PKR per USD. The recent fluctuations indicate that while the PKR had shown resilience, external factors are now exerting significant pressure on its value.