USD → PKR Closing Market Rates for today, July 24, 2025

💱 Interbank (Closing Rates)

• Buying Rate: PKR 284.03
• Selling Rate: PKR 284.28
  Source: Business Recorder reporting based on interbank trading bloomberg.com+6hamariweb.com+6wise.com+6sbp.org.pk+2brecorder.com+2nbp.com.pk+2

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💵 Open Market (Closing Estimate)

• Rate: ~PKR 286.50
  Source: HamariWeb open‑market close hamariweb.com+1sbp.org.pk+1

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📊 Summary Insight

• Interbank Spread (~PKR 0.25): Indicates controlled formal market movement, with rates stabilizing.
• Open-Market Premium: Around PKR 2.20, reflecting high USD demand in informal channels, possibly driven by importer activity.
• Influencing Factors: Today’s stabilization followed a reported ISI crackdown on black‑market dollar trading, which reportedly helped the Rupee recover slightly bloomberg.com+6hamariweb.com+6brecorder.com+6reuters.com.

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