Rates

USD to PKR Exchange Rate – Opening Market Report (May 12, 2025)

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.


💱 Interbank USD to PKR Opening Rates (May 12, 2025):

  • Buying Rate: PKR 279.40
  • Selling Rate: PKR 279.65

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 USD to PKR Opening Rates (May 12, 2025):

  • Buying Rate: PKR 281.50
  • Selling Rate: PKR 283.30

Open market rates remained stable, with modest demand from travelers and small importers. Currency dealers report sufficient availability of USD in the retail segment.


📊 Forex Market Overview – May 12, 2025

  • The rupee continues to display resilience, trading within a narrow range as investor sentiment stays balanced.
  • Remittance inflows and manageable import payments support overall currency stability.
  • The global dollar index held steady over the weekend, offering no external pressure on the PKR at the start of the week.

🔍 Key Market Drivers to Watch

  • Updates on IMF program progress and Pakistan’s upcoming federal budget are expected to shape sentiment in the coming days.
  • Global oil prices and commodity trends may influence import costs and dollar demand.
  • International markets await U.S. inflation and interest rate guidance, which could impact the broader dollar trend.

🔮 PKR Outlook for Today

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.

Yasher Rizwan

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