Rates

USD to PKR Exchange Rate – Opening Market Report (July 30, 2025)

The Pakistani Rupee (PKR) opened Wednesday’s trading session on a steady footing against the US Dollar (USD), following a relatively calm close in the previous session. Both the interbank and open markets showed minimal overnight movement, reflecting cautious sentiment ahead of key local and global economic events.

🏦 Interbank Market – Opening Rates

Buying Rate: PKR 283.30
Selling Rate: PKR 283.80
Source: State Bank indicative opening data

Market Overview:
The interbank market opened within a narrow range, suggesting balanced liquidity conditions. With no major external shocks overnight, commercial banks and institutional players are expected to keep volumes light until new data guides sentiment. Traders continue to monitor remittance flows, fiscal announcements, and global oil prices, all of which can influence short-term Rupee strength.

💵 Open Market – Opening Rates

Buying Rate: PKR 285.20
Selling Rate: PKR 286.20
Source: Open market dealers (forex.pk / hamariweb.com)

Market Overview:
Open market rates began the day with a slight premium over interbank, as dollar demand remains stable in the retail and cash segments. Physical availability of USD remains tight, especially in Karachi and Lahore, supporting elevated pricing. Importers and remittance exchangers remain the key drivers of early-session activity.

📊 Opening Rate Summary

Market Segment	Buying Rate	Selling Rate	Spread	Premium vs Interbank
Interbank	283.30	283.80	0.50	—
Open Market	285.20	286.20	1.00	~PKR 1.40

🔍 Market Sentiment

The Rupee remains under mild pressure in the open market but shows stability in formal trading channels.
Dealers expect modest fluctuations during the day, with potential triggers coming from US economic indicators, global oil prices, and local political developments.
A steady opening suggests limited speculation and adequate dollar liquidity in the early hours of trading.

📌 Stay updated throughout the day at www.dailyforex.pk for closing rates, expert commentary, and full market coverage.

Yasher Rizwan