Rates

USD to PKR Exchange Rate – Opening Market Update (April 28, 2025)

The Pakistani Rupee (PKR) opened today’s trading session on a stable note against the US Dollar (USD), as market participants await fresh economic cues at the start of a new week. With international oil prices steady and remittance flows holding firm, the local currency market is off to a calm start.

💱 Interbank USD to PKR Opening Rates (April 28, 2025)

Buying Rate: PKR 278.90
Selling Rate: PKR 279.15

The interbank rates show minimal overnight changes, indicating that the market is likely to move in a tight range during early trading hours.

💸 Open Market USD to PKR Opening Rates (April 28, 2025)

Buying Rate: PKR 280.70
Selling Rate: PKR 282.50

The open market continues to reflect slightly higher rates compared to the interbank market, driven by demand from small businesses, travelers, and remittance receivers.

📊 Morning Forex Market Overview – April 28, 2025

The Pakistani Rupee continues to show resilience against the US Dollar despite global dollar strength.
Import demand is moderate so far, keeping pressure on the rupee in check.
Remittance inflows after the weekend are helping to balance dollar liquidity.
Traders are expected to tread cautiously ahead of upcoming key global economic reports and local fiscal updates.

🔍 Key Drivers to Watch Today

Global commodity price trends, particularly oil and gold.
Developments in IMF negotiations and external financing updates.
US economic indicators, including inflation and GDP data expected later this week.
Local political and economic policy updates.

With no major scheduled shocks for today, the USD to PKR exchange rate is expected to remain largely stable unless new global factors emerge.

🔮 Today’s Rupee Outlook

Today’s early market indicators suggest that the Pakistani Rupee will likely trade in a narrow range. However, forex traders should remain alert to any unexpected volatility linked to international news.

Short-term sentiment for PKR remains neutral to slightly positive, supported by stable demand-supply dynamics in both interbank and open markets.

Stay Updated with Daily Forex Pakistan.

Hamza Shah