Market Updates

USD to PKR Closing Exchange Rates โ€“ March 10, 2025 ๐Ÿ’ฐ

As the financial markets close today, hereโ€™s the latest update on the US Dollar (USD) to Pakistani Rupee (PKR) exchange rates in both the interbank and open markets:

Interbank Market:

  • Exchange Rate: PKR 278.45 per USD โ€‹

Open Market:

  • Buying Rate: PKR 279.40โ€‹
  • Selling Rate: PKR 281.10

Please note that exchange rates can vary based on location and the financial institution involved in the transaction.


Over the past week, the USD/PKR exchange rate has exhibited relative stability, with minor fluctuations:โ€‹

  • March 3, 2025: USD was at PKR 279.53โ€‹
  • March 4, 2025: USD appreciated slightly to PKR 279.74โ€‹
  • March 5, 2025: USD stood at PKR 279.61โ€‹
  • March 6, 2025: USD increased to PKR 279.81โ€‹
  • March 7, 2025: USD reached PKR 279.90 โ€‹Exchange Rates

As of today, March 10, 2025, the interbank exchange rate stands at PKR 278.45 per USD, indicating a slight appreciation of the PKR compared to the previous day. โ€‹


๐Ÿ” Key Factors Influencing the Exchange Rate

Several domestic and international factors are influencing the current USD/PKR exchange rate:

  1. Foreign Exchange Reserves: The State Bank of Pakistan (SBP) has reported stable foreign exchange reserves, providing support to the PKR.โ€‹
  2. Inflation Rates: Moderate inflation levels in Pakistan have contributed to maintaining the PKRโ€™s purchasing power.โ€‹
  3. Global Economic Conditions: The strength of the US Dollar in international markets impacts emerging market currencies, including the PKR.โ€‹
  4. Trade Balance: Pakistanโ€™s export performance and import bills play a crucial role in determining the demand and supply dynamics of the USD in the local market.โ€‹

๐Ÿ”ฎ Forecast for the Coming Days

Analysts anticipate that the PKR will continue to exhibit stability against the USD in the short term. Forecasts for March 2025 suggest that the USD/PKR exchange rate will fluctuate between a high of PKR 284 and a low of PKR 276, with an average rate of PKR 280. The month is expected to close with the USD at PKR 280, indicating minimal change.โ€‹


๐Ÿ’ก Recommendations for Stakeholders

  • Importers: Consider securing USD at current rates to hedge against potential currency appreciation.โ€‹
  • Exporters: Monitor the exchange rate closely to capitalize on favorable movements.โ€‹
  • Investors: Stay informed about global economic indicators that could influence currency markets.โ€‹

Please note that exchange rates are subject to market fluctuations influenced by various economic factors. For the most current rates, consult official financial institutions or trusted forex platforms.

Stay informed with the latest forex updates and financial news.

#USDToPKR #ForexRates #CurrencyExchange #PakistanForex #InterbankRates #OpenMarketRates

Yasher Rizwan

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