Welcome back to dailyforex.pk! Understanding the daily buying and selling rates for the US Dollar is essential for anyone trading or exchanging currency. Here is your detailed analysis using the current market data you provided for Monday, December 1, 2025.
📊 Today’s Provided Market Rates
The data you provided shows the following rates for the US Dollar (USD) against the Pakistani Rupee (PKR):
| Market Segment | USD Buying Rate (PKR) | USD Selling Rate (PKR) |
| Open Market | 281.50 | 283.00 |
| Interbank | 280.40 | 280.90 |
🔍 Analysis of Today’s Movement (December 1, 2025)
The rates today reflect a market that is trying to maintain stability, with clearly defined spreads between buying and selling in both major segments.
1. Open Market Analysis
- Buying Rate (281.50 PKR): This is the rate at which you, the individual, will receive PKR if you sell your USD (i.e., you are depositing USD cash).
- Selling Rate (283.00 PKR): This is the rate you will pay in PKR if you buy USD (i.e., you are purchasing USD cash for travel or personal use).
- The Spread: The difference between the buying and selling rates is 1.50 PKR ($283.00 – 281.50$). This spread is the profit margin for the currency exchange companies. A spread of 1.50 PKR is generally considered moderate and indicates controlled liquidity.
2. Interbank Market Analysis
- Buying Rate (280.40 PKR): This is the high-volume rate used by commercial banks when they purchase USD from another bank or from the SBP.
- Selling Rate (280.90 PKR): This is the rate banks use when selling USD to each other.
- The Spread: The spread is a very tight 0.50 PKR ($280.90 – 280.40$). This narrow margin is typical for the Interbank market, which is characterized by high liquidity and regulated transactions.
3. Comparing the Markets (The Gap)
- The Open Market Premium: The Open Market Selling Rate (283.00 PKR) is 2.10 PKR higher than the Interbank Selling Rate (280.90 PKR). This gap represents the premium you pay for transacting in physical cash and reflects underlying market demand, operational costs, and regulatory measures to discourage the grey market.
💡 Key Takeaway for Individuals
- For Remittances: If you are receiving money from abroad, you are likely benefiting from a rate close to the Interbank Buying Rate (280.40 PKR) if the transfer is bank-to-bank, or the Open Market Buying Rate (281.50 PKR) if you are immediately converting physical cash.
- For Travelers/Importers: You must budget using the Open Market Selling Rate (283.00 PKR) when buying USD for personal use today.
Always confirm the specific rate your bank or money exchanger is offering before making any transaction, as their internal policies may vary slightly from the general market rates.