The USD to PKR exchange rate is remaining under close watch as Pakistan’s import payments, remittances and foreign trade activities are continuing to influence demand for the US dollar. On Tuesday, the interbank market is showing the US dollar at Rs 278.55 for buying and Rs 279.05 for selling. In the open market, the dollar is being traded at Rs 279.05 for buying and Rs 279.75 for selling.
The dollar is continuing to play a central role in Pakistan’s economy because most international trade payments, petroleum imports and external financial transactions are linked with the US currency. A relatively stable dollar rate is supporting business confidence and helping importers manage payment costs more effectively.
The current exchange rate trend is also affecting inflation expectations in Pakistan, particularly in sectors dependent on imported raw materials, fuel and machinery. Export-orientated industries are closely monitoring the rupee-dollar parity as it directly impacts export competitiveness and foreign earnings entering the country.
