The Pakistani Rupee (PKR) opened today’s trading session with a marginal depreciation against the US Dollar (USD). Early morning activity reflects a slightly weaker interbank rate, while the open-market data signals cautious demand from importers and currency traders.
💱 Interbank USD to PKR Opening Rates (June 20, 2025):
- Buying Rate: PKR 283.45
- Selling Rate: PKR 283.95
Source: HamariWeb live interbank data forex.pk+3hamariweb.com+3hamariweb.com+3hamariweb.com
💵 Open Market USD to PKR Opening Rates (June 20, 2025):
- Buying Rate: PKR 283.70
- Selling Rate: PKR 285.70
Source: UrduPoint citing Forex Association open-market rates hamariweb.comurdupoint.com
📈 Morning Market Analysis:
- Interbank Stability: A narrow spread (~PKR 0.50) in formal channels suggests minimal early volatility.
- Open Market Premium: A wider margin (~PKR 2.00) indicates steady private-sector USD demand—potentially driven by import obligations or speculative activities.
- What to Watch: Traders are monitoring the State Bank of Pakistan’s next moves, updates to forex reserves, and any central bank signals. Global factors like oil prices and major currency pair shifts (especially USD/PKR) can also influence intraday momentum.
- Expected Trading Range Today: In the absence of major economic announcements, the PKR is likely to fluctuate between PKR 283.0–285.5.
📰 Stay tuned to www.dailyforex.pk for continued live updates, expert insights, and this evening’s closing market report.