Karachi: The US dollar is trading steadily in Pakistan’s open market today as demand for the greenback is remaining balanced amid ongoing import payments and remittance inflows. Market data is showing that the US dollar is being bought at Rs 280.75 and sold at Rs 283 per dollar.
The exchange rate is reflecting cautious sentiment as Pakistan is continuing to manage external financing needs while exporters and overseas Pakistanis are supporting foreign exchange inflows. Workers living in the United States are continuing to send remittances to their families in Pakistan, which is helping to stabilize dollar availability.
Businesses are closely watching the dollar’s movement as it directly affects fuel prices, import bills, and inflation trends. The dollar is remaining the most influential currency for Pakistan’s economy, and its current stability is offering short-term relief to traders and consumers alike.
