The Pakistani Rupee (PKR) opened today’s trading session stable against the US Dollar (USD), showing continued calm in both interbank and open markets. Slight variations suggest a balanced forex environment heading into the weekend.
🏦 Interbank Market – Opening Rates
- Buying Rate: PKR 280.45
- Selling Rate: PKR 280.95
Market Insight:
The interbank market opened with a narrow spread of PKR 0.50, indicating balanced liquidity conditions and minimal volatility. The stability suggests that formal inflows and trade-related dollar demand are currently well matched.
💵 Open Market – Opening Rates
- Buying Rate: PKR 281.55
- Selling Rate: PKR 281.65
Market Insight:
The open market continues to trade at a modest premium of PKR 0.60–1.10 over interbank levels. This reflects mild demand for physical USD from travelers, importers, and remittance recipients, while supply remains steady across exchange counters.
📊 Rate Comparison Table
| Market Segment | Buying Rate | Selling Rate | Spread | Premium vs Interbank |
|---|---|---|---|---|
| Interbank | 280.45 | 280.95 | 0.50 | — |
| Open Market | 281.55 | 281.65 | 0.10 | ~PKR 0.60–1.10 |
🔍 Market Outlook
- The PKR remains stable, supported by consistent liquidity and no sharp external shocks.
- The open-market premium remains within normal range, indicating steady physical demand but no shortage of dollars.
- Market participants will continue to monitor global USD movements, remittance inflows, and SBP interventions, which could influence short-term volatility.
📌 For continuous updates and gold price trends, visit www.dailyforex.pk.