USD TO PKR

Karachi: The US dollar is continuing to trade firmly in Pakistan’s open market today as import payments and overseas remittances are keeping demand active. In the open market, the US dollar is currently buying at Rs. 280.80 and selling at Rs. 282.75.
Market activity is showing that Pakistani businesses are relying on the dollar for trade settlements, while families are closely watching the rate because millions of Pakistanis working in the United States and other dollar-linked economies are regularly sending money back home.
The stable inflow of remittances is supporting household spending in Pakistan, while students and travelers are also monitoring the dollar’s movement. The present trend is indicating that the currency is holding a balanced position with no sudden pressure.
Economists are observing that the dollar is remaining the backbone of Pakistan’s external transactions, and its performance is directly influencing inflation expectations. Citizens are staying alert as even small movements in the dollar are affecting fuel, electronics and daily imports.