The Pakistani Rupee (PKR) opened Tuesday’s trading session on a firm and stable note against the US Dollar (USD), continuing its recent trend of low volatility and balanced movement. As the market awaits key fiscal and external financing developments, the rupee remains supported by steady inflows and cautious trading behavior.
💱 Interbank USD to PKR Opening Rates (May 13, 2025):
- Buying Rate: PKR 279.45
- Selling Rate: PKR 279.70
The interbank market began the day with no major change from the previous session, reflecting stable conditions and balanced demand from commercial banks and importers.
💸 Open Market USD to PKR Opening Rates (May 13, 2025):
- Buying Rate: PKR 281.55
- Selling Rate: PKR 283.35
Open market rates also remain consistent, with moderate activity seen from the retail segment. Exchange dealers report healthy dollar availability and no signs of speculative pressure.
📊 Forex Market Overview – May 13, 2025
- The PKR continues to trade in a tight range, supported by remittances and export receipts.
- Traders are closely monitoring any developments related to IMF loan tranches and pre-budget economic guidance from the Ministry of Finance.
- Internationally, the US Dollar Index remains stable, offering no immediate cause for volatility in emerging market currencies like the PKR.
🔍 Key Factors to Monitor Today
- Progress on Pakistan’s fiscal roadmap and external financing assurances.
- Changes in global oil prices which may impact dollar demand through import costs.
- Upcoming US economic data that could affect the global strength of the USD.
🔮 PKR Outlook for Today
The rupee is expected to remain range-bound with a slightly positive bias, assuming no unexpected shifts in global or domestic economic indicators. Traders anticipate a quiet session unless influenced by surprise macroeconomic news.