Today's USD to PKR Price Update

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Summary

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

Definition

The U.S. Dollar (USD) is one of the world’s most dominant fiat currencies, while the Pakistani Rupee (PKR) is the official currency of Pakistan. The exchange rate between them reflects market conditions and the relative economic stability of both currencies.

Today’s Price

  • 1 USD = 279.69 PKR
  • 24h High: 279.7454 PKR
  • 24h Low: 278.803 PKR

Market Analysis

The USD/PKR pair is currently trading near its pivot point at 279.9, reflecting relatively stable conditions in the near term.

  • Technical levels: Key support levels at 279.5, 278.8, and 278.2; resistance levels at 280.5, 281.0, and 281.5
  • Risk note: USD/PKR is an exotic currency pair with low trading volume, which may result in wider bid-ask spreads and increased volatility
  • Trading opportunities: Watch for trading activity between the identified support and resistance zones for potential range-bound strategies

Conclusion

Continue to monitor the USD/PKR pair closely, integrating technical support and resistance levels with market sentiment. Given the pair’s characteristics as an exotic currency with limited liquidity, traders should exercise appropriate risk management when entering positions.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
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