The Pakistani Rupee (PKR) commenced the interbank session with a slight depreciation against the US Dollar (USD), while the open-market continues to reflect firm demand amid global and domestic uncertainties.
🔹 Interbank Opening Rates (USD → PKR):
- Buying Rate: PKR 285.35
- Selling Rate: PKR 285.35
Source: HamariWeb & Forex.pk interbank update Wise+10Hamariweb.com+10Hamariweb.com+10
🔹 Open-Market Opening Rates:
- Buying Rate: PKR 288.20
- Selling Rate: PKR 288.70
Source: Forex.pk open-market live data FOREX.pk
📈 Morning Market Insight
- Interbank Spread: Single quoted rate indicates steady, low-volatility trading in formal channels.
- Open-Market Premium: A PKR 3.35 spread highlights continued strong USD demand—driven by importers and private traders.
- Influencing Factors Today: Traders will focus on global sentiment, domestic liquidity, and any early cues from US CPI or central bank signals.
- Expected Intraday Range: PKR 285.0–289.0 across both interbank and open-market trades.
📰 Stay tuned to www.dailyforex.pk for live rate trackers, expert analysis, and tonight’s Closing Market Report.