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