USD to PKR Exchange Rate (December 3, 2025)

The Pakistani Rupee (PKR) opened today’s session with moderate movement against the US Dollar (USD). The interbank market is steady, while the open market continues to reflect a premium as demand for physical USD persists.

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🏦 Interbank Market – Opening Rates

• Buying Rate: PKR 280.35
• Selling Rate: PKR 280.85

Market Insight:
The interbank spread remains tight at around PKR 0.50, indicating balanced liquidity in formal banking channels and no major overnight pressure.

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💵 Open Market – Opening Rates

• Buying Rate: PKR 281.45
• Selling Rate: PKR 283.50

Market Insight:
The open market premium continues at around PKR 1.00–2.50 over the interbank rate, reflecting sustained demand for physical USD. However, the gap is still within a manageable range, suggesting adequate supply.

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📊 Opening Rate Snapshot

Market Segment	Buying Rate	Selling Rate	Spread	Approx. Premium vs Interbank
Interbank	280.35	280.85	0.50	—
Open Market	281.45	283.50	2.05	~PKR 1.00–2.50

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🔍 Market Outlook

• Interbank Market: The narrow spread indicates stable formal liquidity conditions, with no major disruptions.
• Open Market: The moderate premium over the interbank rate suggests sustained demand for USD, but no signs of extreme shortages or panic in the cash‑dollar market.
• Investor Watch Points: Look for any shifts in remittance flows, global USD movements, or updates from the State Bank of Pakistan (SBP) for further guidance on market sentiment.

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📌 For detailed real‑time updates and market trends, visit www.dailyforex.pk.