Pakistani currency, the rupee, sustains its 17th consecutive rise in value against the United States dollar.

In the inter-bank market, the Pakistani rupee appreciated 0.01% against the US dollar on Monday, closing at Rs 281.75. This was the rupee's 17th consecutive gain against the US dollar. In the open market, the rupee's BID rate for the US dollar was Rs 282.75, and the OFFER rate was Rs 283.57.

The US dollar, on the other hand, was adrift on Monday as markets looked ahead to US labour market data and the expected Federal Reserve's rate cut. Investors are currently pricing in an 87% chance the Fed will ease rates by 25bps later this month. The dollar rose 0.1% against the yen to 147.20 in the early Asian session.

The euro was up 0.1% to $1.1693, while sterling edged 0.05% higher to $1.3510. Oil prices rose by more than 1% on Monday due to concerns over supply disruptions from intensified Russia-Ukraine airstrikes and a weaker dollar. Brent crude climbed 80 cents, or 1.2%, to $68.28 a barrel, and U.S. West Texas Intermediate crude also rose 80 cents, or 1.3%, to $64.81.

The Pakistani rupee registered its first monthly declines in four months in August, losing 6% or more on increased supply from the OPEC+ producer group. However, against a basket of currencies, the dollar eased 0.04% to 97.79.

Trading was expected to be muted due to a U.S. public holiday. Against the UAE Dirham, the Pakistrian rupee remained unchanged for both buying and selling, closing at 76.96 and 77.20, respectively. Against Saudi Riyal, the Pakistrian rupee remained unchanged for both buying and selling, closing at 75.26 and 75.50, respectively.

In a separate development, Pakistan's headline inflation clocked in at 3% on a year-on-year (YoY) basis in August 2025, a reading lower than that of July 2025 (4.1%). This positive inflation trend may provide some relief to the Pakistani economy.

However, there is no publicly available data or specific information on the trend of US dollar interest rates compared to Pakistani Rupee interest rates from March 4, 2025, to the end of August 2025 in the provided search results. This lack of information could potentially impact the rupee's performance in the coming weeks.

In conclusion, while the Pakistani rupee has shown a positive trend against the US dollar, global economic factors such as US interest rates and oil prices continue to influence the currency market. The rupee's performance against other currencies and its impact on the Pakistani economy remain to be seen.