The Pakistani Rupee (PKR) opened Thursday’s trading day with a slight uptick in value against the US Dollar (USD), as markets await key domestic economic signals and global currency trends. Activity is particularly focused on monetary policy updates, forex reserve levels, and external debt obligations.
💱 Interbank USD to PKR Opening Rates (June 12, 2025):
- Buying Rate: PKR 282.10
- Selling Rate: PKR 282.60
💵 Open Market USD to PKR Opening Rates (June 12, 2025):
- Buying Rate: PKR 280.65
- Selling Rate: PKR 282.15
📈 Morning Market Analysis:
- Interbank Activity: The tight buying/selling spread in formal channels reflects controlled market movement, with interbank trading remaining stable.
- Open Market Spread: The discount in open market buying rates suggests a measured demand for USD, pointing to limited liquidity flows in informal channels.
- Key Catalysts to Monitor: The State Bank of Pakistan’s statements, new fiscal data, and shifts in global monetary policy (particularly U.S. Federal Reserve hints) may directly influence intraday rate movements.
- Expected Trading Range Today: If no external shocks unfold, expect PKR to hover between 282.0–284.5 in both interbank and open market segments.
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