Karachi – The US Dollar remained relatively stable in Pakistan’s currency market on Saturday, reflecting a balanced demand and supply situation. In the open market, the dollar was recorded at Rs. 279.00 for buying and Rs. 279.80 for selling, while in the interbank market it stood at Rs. 278.70 (buying) and Rs. 279.20 (selling).
The stability of the dollar is significant for Pakistan’s import-driven economy, where a large portion of trade settlements, including oil and machinery imports, are conducted in USD. A stable exchange rate helps control inflationary pressure, particularly on fuel and essential commodities.
At the same time, exporters closely monitor the dollar’s movement, as even minor fluctuations can impact profit margins. Overall, the current trend suggests short-term stability, offering temporary relief to both consumers and businesses.
