📅 Date: April 23, 2025
📍 Location: Pakistan
The Pakistani Rupee (PKR) experienced a slight depreciation against the US Dollar (USD) in the interbank market today, while the open market rates remained stable.
Interbank Market Rates:
- Buying Rate: Rs. 280.76
- Selling Rate: Rs. 280.96 Business Recorder
Open Market Rates:
- Buying Rate: Rs. 280.65
- Selling Rate: Rs. 282.15 Daily Ausaf
📊 Market Summary:
The rupee closed the day with a marginal decline in the interbank market, influenced by ongoing demand for the dollar from importers and external payment obligations. The open market rates showed minimal movement, indicating a balanced demand-supply scenario.
📉 Comparison with Previous Closing (April 22, 2025):
- Interbank: Rs. 280.77 (buying) / Rs. 280.97 (selling)
- Open Market: Rs. 280.65 (buying) / Rs. 282.15 (selling)
🔮 Outlook:
The rupee’s performance in the coming days will depend on factors such as remittance inflows, trade balance data, and global economic indicators. Market participants are advised to stay informed about these developments.
📢 Stay Informed:
For real-time updates on USD to PKR exchange rates, market trends, and forex forecasts, visit www.dailyforex.pk.
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