Today’s interbank data reveals a stabilized yet firm posture for the US Dollar, which remains the anchor of Pakistan’s trade economy. With a buying rate of Rs278.80, the Greenback continues to dictate the cost of essential imports. For businesses and policy-makers, the narrow spread between buying and selling (only 50 paisas) indicates a healthy level of liquidity in the banking system.
Meanwhile, the UK Pound Sterling at Rs377.29 reflects ongoing volatility in European markets, a key factor for Pakistan’s textile exporters who rely on strong purchasing power from the West.
