The Pakistani Rupee (PKR) opened Wednesday’s trading session under mild pressure against the US Dollar (USD), as cautious investor sentiment prevailed. Market participants are closely observing domestic economic signals and global financial developments, including currency reserves and monetary policy updates.
💱 Interbank USD to PKR Opening Rates (June 11, 2025):
- Buying Rate: PKR 282.05
- Selling Rate: PKR 282.55
💵 Open Market USD to PKR Opening Rates (June 11, 2025):
- Buying Rate: PKR 282.60
- Selling Rate: PKR 284.40
📈 Morning Market Analysis:
- Interbank Stability: The interbank rates reflect a tight range, indicating measured activity by formal financial institutions.
- Open Market Premium: A notable spread persists in the open market, highlighting sustained USD demand amidst cautious liquidity conditions.
- Drivers to Watch: Traders are waiting for potential signals from the State Bank, upcoming fiscal policy decisions, and global triggers like Fed commentary.
- Expected Range: If no major news breaks, the Rupee is likely to fluctuate between PKR 282.0 – 284.5 today.
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