The Pakistani Rupee (PKR) opened the new trading week on a stable note against the US Dollar (USD), as the market begins Monday’s session with cautious optimism. With the federal budget season approaching and IMF-related developments expected, traders are closely monitoring economic signals while the currency maintains a tight trading range.
The interbank market opened flat, with no significant movement from Friday’s close. The rupee remains supported by steady remittance inflows and export-related conversions.
The open market also reflects stability, with moderate demand from retail and small business customers. Dealers report smooth availability of dollars and no unusual volatility.
The rupee is expected to remain range-bound with a neutral bias unless global or domestic events spark a shift. With no immediate shocks in view, PKR stability is likely to continue throughout today’s session.
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