The Pakistani Rupee (PKR) opened today’s trading session with a modest decline against the US Dollar (USD), as investors remain cautious amid mixed global economic cues and rising domestic demand for foreign currency. Traders are closely monitoring movements in forex reserves, central bank activity, and emerging geopolitical shifts.
💱 Interbank USD to PKR Opening Rates (June 19, 2025):
- Buying Rate: PKR 283.30
- Selling Rate: PKR 283.80
Source: HamariWeb quoting State Bank–reported interbank data forex.pk+1hamariweb.com+1hamariweb.com+1hamariweb.com+1
💵 Open Market USD to PKR Opening Rates (June 19, 2025):
- Buying Rate: PKR 280.65
- Selling Rate: PKR 282.15
Sources: Daily Ausaf & Forex.pk real-time updates dailyausaf.com+1dailyausaf.com+1
📈 Morning Market Snapshot:
- Interbank Activity: Opening interbank quotes reflect a slightly weaker PKR, with a steady ~50 paisa spread.
- Open Market Outlook: The lower open-market buying rate suggests selective USD demand, keeping spreads tight.
- Watching Factors: Focus remains on SBP updates, any central bank signal, FX reserve levels, and global commodity influences like oil.
- Expected Range: Analysts expect PKR to trade in a 282.5–284.0 band in both interbank and open markets unless surprising news alters sentiment.
📰 Stay tuned to www.dailyforex.pk for live exchange-rate tracking, expert commentary, and this evening’s closing market report.