Karachi – The US Dollar continues to trade steadily against the Pakistani Rupee, reflecting ongoing pressure on the country’s external account position.
In the interbank market, the dollar is being bought at Rs. 278.65 and sold at Rs. 279.15. Meanwhile, in the open market, the US Dollar is trading at Rs. 279.00 (buying) and Rs. 279.80 (selling).
The dollar’s movement remains crucial for Pakistan’s import-driven economy, as a stronger USD increases the cost of essential imports including petroleum, machinery, and raw materials.
This directly contributes to inflation and raises production costs across multiple sectors.
At the same time, a relatively stable dollar provides some predictability for exporters and remittance inflows, helping maintain balance in foreign exchange reserves.
We welcome your contributions to The Pakistan Observer, Submit your blogs, articles, press releases, news story pitches and news features.
Please send your submissions to our News Room or Editorial team.
