Rates

USD to PKR Exchange Rate – Opening Market Report (July 17, 2025)

The Pakistani Rupee (PKR) began today’s interbank session with a modest depreciation against the US Dollar (USD), as global markets await critical US CPI data. Meanwhile, the open-market continues to reflect elevated demand for foreign currency.


🔹 Interbank Opening Rates


🔹 Open-Market Opening Rates (Karachi & Major Cities)

  • Rate: PKR 288.50 (Buying & Selling)
    Source: HamariWeb open-market update

📈 Morning Market Commentary

  • Interbank Spread (~PKR 0.50): Indicates controlled formal-channel trading.
  • Open-Market Premium (~PKR 3.45): Reflects strong USD demand from importers and informal traders.
  • Watchlist Today:
    • The US CPI inflation release (June data) could significantly move the exchange rate.
    • Global risk factors and domestic liquidity conditions may also influence intra-day volatility.
  • Expected Intraday Range: PKR 285.0–289.0 across interbank and open-market trades.

📰 Stay tuned to www.dailyforex.pk for live rate updates, expert commentary, and tonight’s Closing Market Report.

Yasher Rizwan

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