Rates

USD to PKR Exchange Rate – Opening Market Report (May 19, 2025)

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.

💱 Interbank USD to PKR Opening Rates (May 19, 2025):

Buying Rate: PKR 279.70
Selling Rate: PKR 279.95

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.

💸 Open Market USD to PKR Opening Rates (May 19, 2025):

Buying Rate: PKR 281.80
Selling Rate: PKR 283.60

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.

📊 Forex Market Overview – May 19, 2025

The PKR continues to show resilience, trading in a tight band amid balanced market flows.
Pakistan’s foreign exchange reserves and controlled import activity are helping stabilize the currency.
Traders are anticipating key fiscal updates, as budget 2025–26 discussions intensify in the coming weeks.

🔍 Key Drivers to Watch Today

Any statements from the Ministry of Finance or State Bank of Pakistan on fiscal direction or external financing.
Trends in international oil prices, which may affect the trade balance and dollar demand.
Global sentiment toward the US Dollar, especially ahead of U.S. economic reports and Fed commentary this week.

🔮 PKR Outlook for Today

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.

Yasher Rizwan