$USDC
Pakistani Rupee Briefly Strengthens to 140 PKR/USD on February 3, 2025**
On the night of February 3, 2025, the Pakistani Rupee (PKR) saw an unexpected and sharp appreciation, briefly trading at 140 PKR per US Dollar (USD). This was a significant departure from the usual exchange rate of around 279 PKR/USD.
### Factors Behind the Sudden Appreciation
**Market Speculation:**
Currency markets are highly sensitive to speculative activities. Rumors or expectations of favorable economic developments may have driven traders to purchase large amounts of PKR, pushing up its value.