At the beginning of the new year 2026, currencies are evolving at a snail's pace. Indeed, the dollar American had a timid start to 2026, while That the euro stabilized at 1.1752 dollars at the start of the Asian session after jumping 13.5% last year.

The rupee is up against the US dollar

The dollar American had a timid start to 2026 on Friday, after struggling against most currencies last year, while the yen has stabilized near its lowest levels in 10 months, operators waiting for this month's economic data to assess the evolution of interest rate. The narrowing of the interest rate gap between the United States and other economies has cast a shadow on the foreign exchange market, which has led to a strong appreciation of most currencies against the dollar in 2025, with the yen being an exception.

The dollar index, which measures the value of The American currency, compared to six other currencies, was 98.243 after registering a drop of 9.4% in 2025, its biggest fall in eight years, due to interest rate cuts, trade policies erratics and concerns about the independence of the Federal Reserve under the Trump administration.

The Australian dollar and the New Zealand dollar have both started the year with a sharp rise. The Australian dollar appreciated from 0.1% to 0.66805 US dollars after an increase of almost 8% in 2025, its best annual performance since 2020.

Kiwi ended three years of decline consecutive with an increase of almost 3% last year. Friday, its course was almost stable at $0.5755.

The euro settled at 1.1752 dollars at the start of Asian session after rising 13.5% last year, while the pound Sterling traded at 1.3474 dollars after an increase of 7.7% in 2025. Both currencies recorded their biggest annual increases since 2017.

The Pakistani rupee strengthened against American dollar, appreciating by 0.08% in the first few minutes of trading on the interbank market on Friday.

At 9:50am, the local currency was hovering around 279.90, or a gain of 0.22 rupees against the American dollar.

Wednesday mso-fareast-font-family:calibri; mso-fareast-theme-font:minor-latin; mso-bidi-font-family: “Times New Roman”; mso-bidi-theme-font:minor-bidi; mso-ansi-language:fr; Mso-fareast-language:en-us; Mso-bidi-language:ar-sa">, the local market has closed at 280.12. The market was closed on Thursday due to a public holiday.