The Pakistani Rupee (PKR) opened Thursday’s trading session slightly weaker against the US Dollar (USD), as currency markets remain watchful amid mounting fiscal concerns and ahead of key economic policy updates. Investors are weighing the impact of upcoming monetary policy decisions, ongoing discussions with the International Monetary Fund (IMF), and external debt obligations.
Market analysts suggest that while the Rupee showed signs of stability earlier in the week, the pressure from import payments and limited foreign inflows is gradually re-emerging. Traders are now awaiting cues from both the government’s budget strategy and any potential IMF-linked fiscal reforms.
Trend Outlook:
The PKR may continue to trade within a narrow range today, barring any unexpected developments on the economic or geopolitical front. Any major movement is likely to be driven by statements from the Ministry of Finance or IMF updates.
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