Interbank Dollar Rate Falls, Open Market Remains Stable

Interbank dollar rate falls in Pakistan, while the open market shows no major change.

The US dollar dropped slightly in the interbank market on Thursday. The rate came down to Rs 279.95 per dollar.

At the same time, the open market stayed stable. The dollar continued to trade at Rs 281 per dollar due to balanced demand and supply.

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Currency experts say this small decline in the interbank rate signals short-term relief for the Pakistani rupee. They add that it reduces immediate pressure on the local currency.

Market observers believe stability in the open market reflects controlled trading conditions. They do not expect sharp movement in the coming days.

Overall, Interbank dollar rate falls offers mild support to the rupee, while open market stability keeps currency conditions steady.