The Pakistani Rupee (PKR) opened Tuesday’s trading session on a stable and steady note against the US Dollar (USD), maintaining its resilience as the market awaits key updates on the upcoming federal budget and external financing. With no major fluctuations overnight, the forex market is expected to remain calm during early hours of trading.
The interbank market opened with slight firmness, supported by ongoing remittance inflows and stable supply-demand dynamics in the banking sector.
Open market activity remains stable, with dealers reporting consistent demand from travelers, students, and small businesses. Dollar liquidity is adequate, and no supply issues have been reported.
The PKR is expected to trade range-bound with a neutral to slightly positive tone, assuming no surprise external factors. Forex dealers anticipate a calm session driven by normal institutional flows and routine demand from the open market.
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