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Pakistani rupee Markets

PKR Currency Update - Our review of Pakistani rupee forecasts and news plus charts and historic rates. Check PKR Trends over various time periods.

 

The USD to PKR exchange rate appears bearish in the near term.

Key drivers include:

  • The expected Federal Reserve rate cuts, which may weaken the USD and enhance selling pressure.
  • Fitch Ratings' forecast for gradual depreciation of the PKR, predicting it could reach 285 PKR per USD by mid-2026.
  • Recent economic stability in Pakistan, suggesting confidence in the PKR might support its value against the USD.

In the upcoming months, the USD to PKR is likely to trade within a stable range, not deviating significantly from current levels.

Upside risks could arise from improved US consumer sentiment, potentially supporting the USD. Conversely, the downside risk involves increased pressures on the PKR due to anticipated economic challenges and international influences.

Recent trading showed the USD at 280.1, only slightly below its 3-month average, highlighting a period of relative stability amidst these fluctuations.

 

US dollar to Pakistani rupee - USD/PKR Trend

 
USD to PKR at 280.1 is just 0.5% below its 3-month average of 281.5, having traded in a stable 1.5% range from 279.8 to 283.9
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1 USD =
280.23We compare provider deals to this wholesale mid-market rate. Read more
PKR
 
1d0.0%
 
 
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