The Pakistani Rupee (PKR) opened Wednesday’s trading session with a firm tone against the US Dollar (USD), maintaining its recent stability amid calm trading conditions and steady forex inflows. As traders focus on upcoming economic data and external financing talks, the rupee is expected to stay within a tight range in early trading hours.
💱 Interbank USD to PKR Opening Rates (May 14, 2025):
- Buying Rate: PKR 279.50
- Selling Rate: PKR 279.75
The interbank market opened slightly stronger, showing resilience supported by continuous remittance inflows and export-related dollar supplies. No aggressive dollar buying was reported from importers during early hours.
💸 Open Market USD to PKR Opening Rates (May 14, 2025):
- Buying Rate: PKR 281.60
- Selling Rate: PKR 283.40
The open market remains stable, with rates reflecting moderate demand from retail clients, travelers, and small businesses. Currency dealers confirm smooth dollar availability and no panic buying activity.
📊 Forex Market Overview – May 14, 2025
- The rupee has been trading in a stable band, helped by a favorable trade balance and rising foreign remittances.
- Import pressure remains under control as the government continues to manage external accounts carefully.
- Internationally, the US Dollar Index is trading sideways, offering no strong headwinds for the PKR.
🔍 Key Influences to Watch Today
- Developments in IMF negotiations and any policy statements from Pakistan’s finance ministry.
- Trends in global oil prices, which can directly impact import costs and dollar demand.
- Scheduled release of US CPI data, which may affect global USD sentiment and capital flows.
🔮 PKR Forecast for Today
The Pakistani Rupee is expected to trade range-bound with a stable bias, as no major disruptions are anticipated. Currency markets may become more active in the second half of the week following international economic data releases.
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