The Pakistani Rupee (PKR) began today’s trading session under slight depreciation pressure against the US Dollar (USD). Early interbank data indicates a steady PKR, while open-market figures reflect ongoing demand from informal sectors.
💱 📊 Interbank Opening Rates
- Buying Rate: PKR 282.15
- Selling Rate: PKR 282.15 (single quoted) wise.com+5forex.pk+5hamariweb.com+5hamariweb.com+4dailyausaf.com+4hamariweb.com+4
💵 💹 Open Market Opening Rates
- Buying Rate: PKR 280.65
- Selling Rate: PKR 282.15 dailyausaf.comnbp.com.pk
📈 Morning Market Analysis
- Interbank Snapshot: The single quoted interbank rate suggests formal-sector stability with minimal volatility.
- Open Market Spread: A PKR 1.50 gap signals sustained USD demand in informal channels—likely driven by importers and cash market activity.
- Key Drivers Today: Market focus is on SBP communications, updates on forex reserves, and global cues like oil price movements and U.S. Federal Reserve signals.
- Expected Trading Range: Unless notable economic or geopolitical news emerges, the PKR is expected to trade in the 280.5–282.5 range across both interbank and open-market sessions today.
📰 Stay tuned to www.dailyforex.pk for live rate trackers, expert analysis, and this evening’s Closing Market Report.