Karachi – The US Dollar is maintaining a steady position in Pakistan’s financial landscape today. In the interbank market, the greenback is trading at a buying rate of Rs. 279.00 and a selling rate of Rs. 279.50. Meanwhile, the open market shows a slight spread with a buying rate of Rs. 279.00 and a selling rate of Rs. 280.10.
This narrow gap between the two markets is a positive sign for the economy, as it discourages informal channels and encourages the flow of official documentation. For Pakistan’s textile and IT sectors, this stability is crucial for long-term contract pricing. While the cost of imported fuel remains sensitive to these rates, the current equilibrium is helping the industrial sector manage production costs without the fear of sudden price shocks.
