USD Strengthens to 281.20 PKR – July 17, 2025
On July 17, 2025, the US dollar edged higher against the Pakistani rupee, trading at approximately 281.20 PKR. The uptick reflects sustained global demand for the dollar and ongoing interest rate differentials between the US and Pakistan.
The dollar recorded a slight gain compared to its position earlier in the week, hovering just above 281 PKR. Elevated interest rates in the US and muted economic signals from Pakistan have kept pressure on the local currency, prompting importers and businesses to seek dollar coverage.
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Foreign exchange specialists suggest the dollar’s continued strength is driven by investors seeking safe-haven assets amid global uncertainty. One analyst noted that unless Pakistan achieves a noteworthy improvement in foreign exchange reserves or secures substantial external funding inflows, the rupee may remain under pressure. Conversely, positive development—such as improved trade balances or renewed investor confidence—could help stabilise the local currency.
• The dollar is likely to retain its upward momentum if interest rate gaps persist and geopolitical uncertainty remains high.
• Importers and remittance recipients should consider using forward contracts or other hedging tools to manage currency risk.
• A sustained inflow of foreign exchange—buying on remittances, exports, or international aid—could help cap further appreciation of the dollar.
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