Today's PKR to INR Price Update

Summary

This report provides the real-time exchange rate between the Pakistani Rupee (PKR) and the Indian Rupee (INR), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The Pakistani Rupee (PKR) and Indian Rupee (INR) are the primary fiat currencies of Pakistan and India respectively. The exchange rate between them reflects the relative economic strength and currency stability of both nations, serving as a key indicator for regional trade and investment flows.

Today’s Price

• 1 PKR = 0.319 INR
• 24h High: 0.32082 INR
• 24h Low: 0.31912 INR

Market Analysis

Recent PKR/INR price movement shows moderate volatility within a narrow range. Technical indicators suggest caution in the current market environment.

• Technical indicator: The 14-day Relative Strength Index (RSI) stands at 37.512, indicating a Sell signal and suggesting potential downside pressure
• Price forecast: Analytical projections indicate PKR/INR may move toward 0.3219 INR within one week and 0.3269 INR within four weeks
• Risk note: The current RSI reading suggests the pair may face near-term selling pressure

Conclusion

Continue to monitor the PKR/INR pair closely, incorporating technical indicators such as RSI, moving averages, and support/resistance levels into your trading strategy. Traders should remain cautious given the current bearish technical signals while watching for potential recovery opportunities aligned with forecasted resistance levels.