Rates

USD to PKR Exchange Rate – Closing Market Update (April 15, 2025)

As the financial markets close today, here is the latest update on the US Dollar (USD) to Pakistani Rupee (PKR) exchange rates:

Interbank Market:

Buying Rate: PKR 280.35
Selling Rate: PKR 280.85
Closing Rate: PKR 280.57 Hamariweb.com

Open Market:

Buying Rate: PKR 280.40
Selling Rate: PKR 282.10

Please note that exchange rates can vary based on location and the financial institution involved in the transaction.

📊 Market Overview & Recent Trends

The Pakistani Rupee (PKR) exhibited slight appreciation against the US Dollar today. In the interbank market, the PKR gained approximately 3 paisa, closing at PKR 280.57 per USD, compared to the previous day’s closing of PKR 280.60. Mettis Global

In the open market, the USD was recorded at a buying rate of PKR 280.40 and a selling rate of PKR 282.10, indicating a stable trend.

🔍 Key Factors Influencing the Exchange Rate

Several factors have influenced the current USD/PKR exchange rate:

Foreign Exchange Reserves: The State Bank of Pakistan (SBP) reports stable foreign exchange reserves, which support the PKR.
Inflation Rates: Moderate inflation levels in Pakistan help maintain the PKR’s purchasing power.
Global Economic Conditions: The strength of the US Dollar in international markets affects emerging market currencies, including the PKR.
Trade Balance: Pakistan’s export performance and import bills play a crucial role in determining the demand and supply dynamics of the USD in the local market.

🔮 Forecast for the Coming Days

Analysts anticipate that the PKR will continue to exhibit stability against the USD in the short term. Forecasts for April 2025 suggest that the USD/PKR exchange rate will fluctuate between a high of PKR 284 and a low of PKR 276, with an average rate of PKR 280. The month is expected to close with the USD at PKR 280, indicating minimal change.

💡 Recommendations for Stakeholders

Importers: Consider securing USD at current rates to hedge against potential currency appreciation.
Exporters: Monitor the exchange rate closely to capitalize on favorable movements.
Investors: Stay informed about global economic indicators that could influence currency markets.

Exchange rates are subject to market fluctuations influenced by various economic factors. For the most current rates, consult official financial institutions or trusted forex platforms.

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Hamza Shah