Rates

USD to PKR Exchange Rate – Opening Market Report (May 2, 2025)

The Pakistani Rupee (PKR) opened Friday’s forex trading session on a stable note against the US Dollar (USD), continuing its trend of consistency as traders monitor key global economic data and fiscal developments. With the first trading week of May underway, the market remains cautious but stable.

💱 Interbank USD to PKR Opening Rates (May 2, 2025):

Buying Rate: PKR 279.15
Selling Rate: PKR 279.40

The interbank market opened with marginal changes from the previous day, signaling balanced demand and adequate liquidity across commercial banks.

💸 Open Market USD to PKR Opening Rates (May 2, 2025):

Buying Rate: PKR 281.10
Selling Rate: PKR 282.90

Open market rates continue to reflect minor retail-driven demand, with no major volatility seen in early morning trade.

📊 Morning Forex Market Overview – May 2, 2025

The rupee’s movement remains in a tight trading range, supported by steady remittance inflows and manageable import payments.
Dealers report a calm start to the day, with no sharp shifts in interbank activity.
Traders remain watchful of international market movements, especially US data expected later today.

🔍 Key Market Drivers Today

US PCE inflation data is due later, which could impact global dollar strength.
Crude oil prices are steady, helping anchor the rupee against external shocks.
Local demand is expected to pick up slightly ahead of the weekend.

🔮 PKR Outlook for the Day

The rupee is likely to trade within a narrow range today unless disrupted by sharp external developments. Market sentiment remains neutral to slightly positive, with confidence in Pakistan’s short-term currency stability improving.

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USD to PKR rate today – May 2, 2025. Check the latest interbank and open market dollar exchange rates in Pakistan. Read today’s full forex opening update on DailyForex.pk.

Yasher Rizwan