💱 Interbank Market – Closing Rates
- Buying Rate: PKR 283.03
- Selling Rate: PKR 283.53
Source: Business Recorder reporting based on interbank trading FOREX.pk+7Pound Sterling Live+7State Bank of Pakistan+7Pound Sterling Live+5Business Recorder+5Bangko Sentral ng Pilipinas+5
💵 Open Market – Closing Estimate
- Rate: PKR 285.50
Source: HamariWeb open-market reporting for the day Hamariweb.com
📊 Today’s Market Recap
- Interbank Spread (~PKR 0.50): Indicates restrained intraday movement in formal exchange channels.
- Open-Market Premium (~PKR 2.00): Reflects elevated USD demand in informal channels, likely from importers and retail traders.
- Drivers: The PKR’s stabilization followed heightened demand earlier in the session, with possible SBP strategies curbing informal market volatility.
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