Rates

USD to PKR Exchange Rate – Opening Market Report (July 9, 2025)

The Pakistani Rupee (PKR) opened today’s trading session with mild depreciation against the US Dollar (USD). Early data indicates formal market stability, while the open-market continues to reflect elevated USD demand driven by informal trading and import activity.


🔹 Interbank Opening Rates (USD → PKR)


🔹 Open Market Opening Rate


📈 Morning Market Insights

  • Interbank Stability: A PKR 0.50 spread indicates calm formal-market conditions with low intraday volatility.
  • Open-Market Premium: A ~PKR 2.25 spread highlights persistent USD demand, primarily in informal markets—largely due to importers and retail exchange pressure.
  • Watchpoints: Key factors today include State Bank of Pakistan communications, updates on foreign exchange reserves, and global triggers such as oil rates and US Federal Reserve commentary.
  • Expected Range: In the absence of major news, expect PKR to trade between PKR 284.0–287.0 across both market segments.

📰 Stay tuned to www.dailyforex.pk throughout the day for live rates, expert analysis, and tonight’s Closing Market Report.

Yasher Rizwan

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