The Pakistani Rupee (PKR) ended Monday’s trading session on a stable note against the US Dollar (USD), as cautious optimism continues to guide the local forex market. Throughout the day, the rupee maintained a narrow trading range, reflecting balanced demand and supply dynamics in the currency market.
💱 Interbank USD to PKR Closing Rates (April 28, 2025)
- Buying Rate: PKR 278.85
- Selling Rate: PKR 279.10
The interbank market closed with only slight adjustments compared to the opening, indicating low volatility and steady forex flows throughout the session.
💸 Open Market USD to PKR Closing Rates (April 28, 2025)
- Buying Rate: PKR 280.60
- Selling Rate: PKR 282.40
In the open market, dollar rates showed minor fluctuations during the day, but ultimately settled near the morning’s opening levels. Retail demand remained stable with no unusual surges reported.
📊 Forex Market Summary – April 28, 2025
- The Pakistani Rupee demonstrated resilience against the US Dollar today.
- Remittance inflows and a moderate import bill helped maintain currency stability.
- Global oil prices remained relatively steady, supporting positive sentiment for emerging market currencies like the PKR.
- Institutional demand for USD was balanced by fresh inflows, preventing excessive pressure on the rupee.
🔍 Key Factors Impacting Today’s Market
- Stable political and economic environment locally contributed to steady trading.
- Traders remained cautious ahead of this week’s global economic releases, especially key US inflation data.
- Global dollar strength slightly eased, providing support to the PKR.
🔮 Outlook for the Next Trading Session
With no major local shocks expected overnight, the USD to PKR trend may continue to move sideways unless influenced by external economic news.
Short-term sentiment remains neutral to slightly positive for the Pakistani Rupee.
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