The Pakistani Rupee (PKR) began Wednesday’s trading session with mild depreciation pressure against the US Dollar (USD). Market activity this morning reflects a slightly weaker interbank stance, while open‑market figures show ongoing USD demand from traders and importers.
💱 Interbank Opening Rates
- Buying Rate: PKR 280.05
- Selling Rate: PKR 280.05
Source: Daily Ausaf via Interbank channels hamariweb.com+5forex.pk+5linkexchange.com.pk+5hamariweb.com+1forex.pk+1linkexchange.com.pk+2dailyausaf.com+2dailyausaf.com+2
💵 Open Market Opening Rates
- Buying Rate: PKR 280.65
- Selling Rate: PKR 282.15
Source: Daily Ausaf open-market update dailyausaf.comdailyausaf.com+1dailyausaf.com+1
📈 Morning Market Insight
- Interbank Observation: A flat, single-rate quoting suggests a controlled and stable formal market.
- Open‑Market Dynamics: A wider spread (~PKR 1.50) indicates sustained demand for USD, likely fueled by import-related liquidity needs.
- Key Watchpoints: Traders are monitoring any statements from the SBP, updates on forex reserves, and global financial triggers like oil-price shifts or Fed commentary.
- Today’s Expected Range: In the absence of major macroeconomic news, the PKR is likely to trade between PKR 280.0–283.0 across both market segments.
📰 Stay tuned to www.dailyforex.pk for live updates, in-depth expert commentary, and this evening’s Closing Market Report.