Rates

USD to PKR Exchange Rate – Opening Market Report (May 20, 2025)

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.

💱 Interbank USD to PKR Opening Rates (May 20, 2025):

Buying Rate: PKR 279.75
Selling Rate: PKR 280.00

The interbank market opened with slight firmness, supported by ongoing remittance inflows and stable supply-demand dynamics in the banking sector.

💸 Open Market USD to PKR Opening Rates (May 20, 2025):

Buying Rate: PKR 281.85
Selling Rate: PKR 283.65

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.

📊 Forex Market Overview – May 20, 2025

The rupee continues to perform within a tight and controlled range, backed by moderate dollar demand and healthy reserves.
Market sentiment remains neutral as investors await updates on Pakistan’s budget strategy and IMF program progress.
The global US Dollar Index remains steady, minimizing external pressure on the PKR for now.

🔍 Key Drivers to Monitor Today

Anticipated fiscal policy announcements ahead of the national budget.
IMF-related developments and external debt servicing updates.
International commodity prices, especially crude oil, which influence Pakistan’s trade balance.

🔮 PKR Outlook for Today

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.

Stay Updated with Daily Forex Pakistan.

Yasher Rizwan