Rates

USD to PKR Exchange Rate (October 29, 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 β€” 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.


πŸ’΅ 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.


πŸ“Š Opening Rate Comparison

Market SegmentBuying RateSelling RateSpreadPremium vs Interbank
Interbank281.40281.40~0.00β€”
Open Market282.55282.65~0.10~PKR 1.15

πŸ” 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 figuresβ€”these could shift sentiment and cause price movement later in the session.

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

Yasher Rizwan

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