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.
The interbank market closed with only slight adjustments compared to the opening, indicating low volatility and steady forex flows throughout the session.
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.
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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