The Pakistani Rupee (PKR) began Tuesday’s trading session on a steady footing against the US Dollar (USD), as currency markets opened with a cautiously optimistic tone. With the end-of-month settlements approaching and global sentiment leaning neutral, traders are watching closely for key signals that may shape the rupee’s direction.
The interbank market opened with marginal gains, reflecting a stable currency environment supported by foreign inflows and consistent demand from importers and financial institutions.
The open market rate remains slightly higher than interbank due to retail demand and exchange house margins. No significant volatility was observed in early morning transactions.
The market is expected to remain range-bound unless triggered by major news. Currency traders are keeping an eye on:
The PKR is likely to maintain its ground with minor fluctuations expected during intraday trading. As the market stays cautious ahead of month-end flows, stability will remain the key theme unless global volatility picks up.
Daily Updated with Daily Forex Pakistan.
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