Karachi – The US dollar remained steady in Pakistan’s currency markets on Monday, reflecting continued pressure on the rupee amid import demand and external payment obligations.
In the interbank market, the US dollar was recorded at Rs 278.40 (buying) and Rs 278.90 (selling). Meanwhile, in the open market, the greenback was being traded at Rs 278.80 (buying) and Rs 279.55 (selling).
Market analysts say the rupee is still adjusting to external account pressures, while remittance inflows continue to provide partial support. Traders expect short-term stability unless import demand increases further.
Financial observers note that Pakistan’s currency movement remains closely tied to energy imports and IMF-linked fiscal adjustments.
