The Pakistani Rupee (PKR) began Monday’s trading session on a stable note against the US Dollar (USD), as the currency market resumed activity after the weekend with a cautious but optimistic outlook. Traders are closely watching for key economic developments, especially updates related to external financing and fiscal planning ahead of the upcoming budget.
The interbank market opened with a slight adjustment from last week’s closing, reflecting mild corporate demand and consistent dollar supply from remittances and export settlements.
Open market rates remained stable, with modest demand from travelers and small importers. Currency dealers report sufficient availability of USD in the retail segment.
The rupee is expected to trade sideways to slightly positive, barring any major surprises. With domestic fundamentals holding firm and no major global disruptions, the PKR is likely to maintain its current range throughout today’s session.
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