Rates

USD to PKR Exchange Rate – Opening Market Report (June 16, 2025)

The Pakistani Rupee (PKR) opened Monday’s trading session slightly softer against the US Dollar (USD), as cautious sentiment persists amid central bank rate-hold expectations and ongoing global economic developments. This morning’s activity reflects the market’s cautious approach ahead of key domestic macroeconomic updates.


💱 Interbank USD to PKR Opening Rates (June 16, 2025):

  • Buying Rate: PKR 282.55
  • Selling Rate: PKR 283.05

💵 Open Market USD to PKR Opening Rates (June 16, 2025):

  • Buying Rate: PKR 282.50
  • Selling Rate: PKR 285.15

📈 Morning Market Analysis:

  • Interbank Dynamics: A minimal spread in interbank quotes highlights stability, with central bank policy expectations holding markets steady.
  • Open Market Divergence: The wider premium indicates heightened demand on the open market, likely driven by importers and remittance inflows.
  • Key Triggers to Watch: Markets are awaiting updates on foreign exchange reserves, potential fiscal adjustments, and global monetary signals.
  • Intraday Range Outlook: Barring fresh economic developments, the PKR is expected to trade within a PKR 282.5–285.0 range today.

Stay Updated With Dailyforex.pk

saad

Recent Posts

GBP/USD Outlook: Pound Strengthens Near 1.3450 Amid Dovish Fed Remarks and Mixed UK Jobs Data

GBP/USD edges higher toward 1.3450 as dovish Fed comments support the Pound, despite mixed UK…

2 days ago

Crypto Price Forecast: Bitcoin Eyes Record High, Ethereum Targets $4K, Ripple Soars to New Peak

Bitcoin approaches record highs, Ethereum targets the $4,000 mark, and Ripple (XRP) hits a new…

2 days ago

EUR/USD Rises Above 1.1600 as Fed Dovish Tone Eases Market Jitters

EUR/USD climbs past 1.1600 as the Fed’s dovish stance calms market nerves, boosting demand for…

2 days ago

EUR/JPY Forecast: Bullish Momentum Holds Above 100-Day EMA, But Overbought RSI Signals Caution

EUR/JPY holds above the 100-day EMA, maintaining bullish momentum, though overbought RSI levels suggest a…

2 days ago

Gold Price Forecast: Bullish Momentum Builds as XAU/USD Bounces Off Key Support

Gold (XAU/USD) rebounds off key support, with bullish momentum building as traders watch for further…

2 days ago

USD/JPY and AUD/USD Forecast: Central Bank Policies and US Sentiment in Focus

USD/JPY and AUD/USD remain sensitive to Fed and BoJ policy signals, while US market sentiment…

2 days ago