USD to PKR Exchange Rate (October 29, 2025)

Opening market report showing USD to PKR exchange rate on 29 October 2025

The Pakistani Rupee (PKR) opened today’s trading session with very modest movement against the US Dollar (USD). Both formal interbank channels and the open cash market reflect a calm start, with the open market continuing its typical premium due to physical dollar demand.

🏦 Interbank Market – Opening Rates

Buying Rate: PKR 281.40
Selling Rate: PKR 281.40

Market Insight:
The interbank market spread is essentially nil — buying and selling rates are reported at the same level, which suggests minimal volatility and well-balanced liquidity in formal banking channels at the start of trading.

💵 Open Market – Opening Rates

Buying Rate: PKR 282.55
Selling Rate: PKR 282.65

Market Insight:
The open market opened with a premium of about PKR 1.15–1.25 over the interbank rate, signalling continued demand for physical USD among retail buyers, importers, and remittance recipients.

📊 Opening Rate Comparison

Market Segment	Buying Rate	Selling Rate	Spread	Premium vs Interbank
Interbank	281.40	281.40	~0.00	—
Open Market	282.55	282.65	~0.10	~PKR 1.15

🔍 Market Outlook

With negligible movement in the interbank market, traders appear aligned with current liquidity and economic flows, avoiding major speculative swings.
The open-market premium remains stable; this suggests the physical supply of USD is adequate but demand remains steady.
Key factors to watch today include any central bank commentary, overnight global currency developments, and remittance/inflow figures—these could shift sentiment and cause price movement later in the session.

✅ For detailed live updates, intraday rate changes and the closing market report, keep checking www.dailyforex.pk.

Yasher Rizwan