Rates

USD to PKR Exchange Rate – Opening Market Report (May 22, 2025)

The Pakistani Rupee (PKR) opened Thursday’s trading session with a firm and stable position against the US Dollar (USD), continuing to reflect market confidence amid controlled economic conditions and steady forex reserves. Traders remain cautious as they await updates on the upcoming federal budget and international economic cues.


💱 Interbank USD to PKR Opening Rates (May 22, 2025):

  • Buying Rate: PKR 279.85
  • Selling Rate: PKR 280.10

The interbank market opened with a slight upward adjustment, reflecting moderate demand from importers and consistent inflows from remittances and export settlements.


💸 Open Market USD to PKR Opening Rates (May 22, 2025):

  • Buying Rate: PKR 282.00
  • Selling Rate: PKR 283.80

The open market showed no signs of volatility, with exchange dealers reporting normal activity and sufficient USD availability for retail and travel-related needs.


📊 Forex Market Overview – May 22, 2025

  • The PKR continues to trade in a tight and stable range, supported by strong fundamentals and calm global currency trends.
  • Market participants are awaiting concrete signals from the government regarding budget 2025–26, especially concerning external borrowing and subsidy policies.
  • The global US Dollar Index is showing slight strength, but not enough to pressure emerging market currencies significantly.

🔍 Key Factors to Monitor Today

  • Announcements or briefings from the Finance Ministry or SBP regarding economic direction or budget strategy.
  • Oil and commodity price fluctuations, which can impact the trade balance and dollar demand.
  • Any changes in IMF funding discussions or macroeconomic reforms.

🔮 PKR Outlook for the Day

The rupee is expected to trade range-bound with a stable bias, as no major external or domestic shocks are anticipated today. Traders are likely to hold current positions and await more clarity in the lead-up to the budget announcement.

Hamza Shah

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