The USD to PKR exchange rate edged slightly lower on Friday as the Pakistani rupee showed mild strength in the interbank market. The State Bank of Pakistan (SBP) fixed the dollar rate at Rs 279.8016, down by three paisa from the previous session, marking the lowest level of 2026 so far. “Liquidity is ample; the currency rate is drifting on positional tidy-ups rather than fresh macro cues,” a senior treasury dealer said. One-week forward contracts hovered near Rs 279.96, indicating minimal carry pressure and reinforcing near-term stability in the USD to PKR outlook. The British pound posted a sharp gain against the rupee, supported by forward buying from exporters with UK exposure.