Rates

USD to PKR Exchange Rate – Closing Market Report (May 5, 2025)

The Pakistani Rupee (PKR) ended Monday’s trading session with minor fluctuations against the US Dollar (USD), maintaining overall stability as the market digested early-month inflows and watched international developments. With no major shocks in the day’s session, the rupee held within a narrow range, reflecting balanced demand and supply conditions.

💱 Interbank USD to PKR Closing Rates (May 5, 2025):

Buying Rate: PKR 279.20
Selling Rate: PKR 279.45

The interbank market remained largely flat throughout the session, supported by remittance inflows and subdued importer demand. Most commercial banks reported routine dollar transactions with no signs of excessive pressure.

💸 Open Market USD to PKR Closing Rates (May 5, 2025):

Buying Rate: PKR 281.20
Selling Rate: PKR 283.00

In the open market, rates remained stable with mild intraday volatility. Retail demand was reported as moderate, largely from travelers and small business clients.

📊 Forex Market Summary – May 5, 2025

PKR held firm in both interbank and open market segments.
Dollar liquidity was sufficient to meet routine demand without triggering sharp price changes.
The global dollar index showed limited movement, giving emerging market currencies room to stabilize.
Traders showed a wait-and-see approach, anticipating policy updates from global and domestic financial authorities.

🔍 Key Factors Driving Today’s Stability

Remittance inflows and reduced pressure from importers supported the rupee.
Global commodity markets, including oil, remained steady.
No new fiscal or geopolitical headlines impacted intraday sentiment.

🔮 PKR Outlook for the Next Session

Looking ahead, the rupee is expected to trade sideways, barring any major developments. Traders are watching upcoming US data, IMF-related announcements, and early signals from Pakistan’s budget preparation process for short-term cues. For now, the rupee remains stable with a slight positive bias.

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Hamza Shah