USD to PKR Exchange Rate (October 31, 2025)

The Pakistani Rupee (PKR) opened today’s trading session against the US Dollar (USD) with minimal movement, as formal interbank channels remain steady and the open cash market continues to reflect a small premium for physical dollar demand.

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🏦 Interbank Market – Opening Rates

• Buying Rate: PKR 281.35
• Selling Rate: PKR 281.55
  

Market Insight:
The interbank opening spread remains narrow (~PKR 0.20), suggesting balanced liquidity and no sharp demand or supply shocks overnight. The rate indicates the Rupee is holding ground in formal banking channels.

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💵 Open Market – Opening Rates

• Buying Rate: PKR 282.60
• Selling Rate: PKR 283.10

Market Insight:
The open market opens with a premium of roughly PKR 1.25-1.55 over the interbank rate, reflecting continued demand for physical US dollars among importers, remittance flows and retail segments.

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📊 Opening Rate Comparison

Market Segment	Buying Rate	Selling Rate	Spread	Premium vs Interbank
Interbank	281.35	281.55	~0.20	—
Open Market	282.60	283.10	~0.50	~PKR 1.25-1.55

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🔍 Market Outlook

• The interbank market remains stable with minimal volatility, indicating continued control over formal FX flows.
• The open market premium suggests ongoing physical USD demand, though the moderate gap indicates supply conditions remain satisfactory.
• Look out for any central bank commentary, major external flows or global USD strength that could impact the PKR later today.
• Importers and remittance channels should monitor for any intraday shifts, especially near midday liquidity windows.

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✅ For intraday updates, closing market coverage, and expert commentary, visit www.dailyforex.pk.