Karachi: The US dollar is trading steadily in Pakistan’s open market today as economic activity is continuing to show mixed signals. According to the latest market update, the US dollar is being bought at Rs. 281.00 and sold at Rs. 283.05.
Market observers are noting that the dollar is remaining important for Pakistan due to imports, foreign trade, and remittances. Overseas Pakistanis working in the United States are closely watching these rates, as even a slight movement is affecting the value of money sent back home. Importers and businesses are also keeping a careful eye, as the dollar is directly impacting fuel, machinery, and essential goods prices.
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