The desk behind the figures

This page explains who publishes Open Rate Desk, what the desk measures, what it does not collect, and how it earns. It is written for a reader in Pakistan who is deciding whether to trust the rates shown on this site.

What the desk does

The Open Rate Desk is an independent editorial desk. It is not a broker, not an exchange, not a licensed adviser, and it holds no client money. Its single subject is one measurement: the gap between the State Bank's interbank rate and the open-market rate quoted by money changers. The interbank figure is the State Bank's own published number; the open-market figure is what a counter quotes. The desk reads these from named public sources, notes the date and hour of each reading, and republishes the difference. It does not estimate, adjust, or average the gap. The desk's work is reading, dating, and showing a spread that already exists in published prices.

The desk's responsibility is editorial, not financial. It chooses which public sources to read, how often to read them, and how to display them. Every table on this site names its source and links to it, so a reader can open the same page and see the same figure. If a figure is wrong, the desk corrects it and dates the correction. The desk does not trade, does not advise, and does not take a position. It does not forecast, recommend, or comment on whether a rate is fair. It only says what the gap was, at the hour it was read, and where the reading came from.

What the site measures

The desk measures one thing: the gap between two published dollar rates in Pakistan. The interbank rate is the State Bank of Pakistan's own published figure. The open-market rate is the money changer's counter quote. Both are taken from named public sources, with the date and hour of reading shown next to each figure. The gap is the difference between those two numbers, expressed in rupees and as a percentage. The desk does not estimate the gap; it calculates it from the two published rates. The desk does not add its own view of where the rate should be, or which direction it will move.

A reader should read the gap as a snapshot, not a promise. The interbank rate is a wholesale price used between banks. The open-market rate is a retail price quoted to a person walking into a money changer's office. They differ because they serve different buyers and different amounts. The desk shows that difference, day by day and hour by hour, with the source under each table. The reader can check the figure at its publisher. The desk does not guarantee that the same rate will be available to any particular reader, at any particular counter, at any particular moment.

Who publishes this site and what it measures

The site is published by the Open Rate Desk, an independent editorial desk. The desk is the publisher, and the desk is responsible for the figures. No person's name is attached to the desk, because no single person is the desk. The desk is a small team that reads public sources, records the date and hour, and publishes the gap. When a correction is needed, the desk makes the correction and dates it. When a reader writes to the contact address, the desk answers. The desk does not present an author, a reviewer, or a spokesperson, because the measurement is the desk's work, not one person's opinion.

The desk's subject is one measurement: the gap between the State Bank's interbank rate and the open-market rate quoted by money changers. The interbank figure is the State Bank's own published number. The open-market figure is what a counter quotes. The desk reads both from named public sources, with the date and hour shown. It does not estimate, forecast, or recommend. It only shows the difference that already exists in published prices. The desk's responsibility is to read carefully, date accurately, and correct promptly.

What the site does not collect

This site collects nothing of its own. It has no accounts, no login, no newsletter, and no comment form. It sets no cookie of its own, runs no analytics, and stores nothing in the reader's browser. A reader can open the site, read the figures, and close the tab. The site does not ask for a name, an email address, or a phone number. It does not track how long a reader stays, which pages a reader opens, or where a reader goes next. The desk's only record of a reader is the one that any web host keeps: a technical log of requests, which the hosting provider maintains for its own operational reasons.

The publisher does not read a reader's personal data out of those logs. The logs are the hosting provider's, not the desk's. The desk does not combine them with anything else, does not sell them, and does not use them to identify a reader. If a reader wants to know what the hosting provider logs, the reader should read the hosting provider's own privacy policy. The desk's privacy practice is simple: it collects nothing, it stores nothing, and it asks for nothing.

What the desk earns

The desk earns from one affiliate relationship. The site links to FxPro, a broker, through an affiliate link. If a reader clicks that link and opens an account at FxPro, the desk is paid a commission. The reader pays nothing to this site and nothing extra at the broker. The commission is paid by FxPro, not by the reader. The affiliate link is marked as such. The desk's only other source of support is the time of the people who run it. The desk does not sell subscriptions, does not charge for access, and does not accept payment from any money changer, bank, or other source whose rate it publishes.

The affiliate link does not change what the desk publishes. The desk's figures are read from the State Bank and from money changers' public quotes, not from FxPro. The desk does not recommend FxPro, does not advise anyone to open an account, and does not say that FxPro's rates are better or worse than any other broker's. The link is a commercial arrangement, disclosed on this page and on the terms page. A reader who does not want to use the link can simply not click it. The desk's measurement of the gap is independent of the affiliate relationship.

How to write about data questions

A reader who has a question about a figure should write to editor@openratedeskpk.pages.dev. That address reaches the desk. The desk reads every message, but it does not answer every question. It answers questions about a figure: where it came from, when it was read, how the gap was calculated, or whether a correction is needed. It does not answer questions about what a reader should do with the rate. It does not give investment advice, does not recommend a broker, and does not tell a reader whether to buy or sell dollars. The desk's only subject is the measurement, and the only questions it can answer are about the measurement.

A correction is the reason the address exists. If a reader sees a figure that is wrong, the reader should write and say which figure, which date, and which source. The desk checks the source, and if the figure is wrong, the desk corrects it and dates the correction. The desk does not argue with a reader about whether a rate is fair or whether the gap should be narrower. It only corrects a figure that does not match its source. The desk's promise is not that every figure is right, but that every figure can be checked, and every mistake will be fixed.

Leaving this site

The site links to the State Bank, to money changers' public pages, and to FxPro. When a reader follows an outbound link, the reader leaves this site and arrives at another operator's site. That operator has its own terms, its own privacy policy, and its own practices. The desk does not control that site, does not vouch for its accuracy, and is not responsible for what happens there. A reader who follows a link to the State Bank is reading the State Bank's own publication. A reader who follows a link to a money changer is reading that money changer's own quote. A reader who follows the affiliate link to FxPro is entering FxPro's site, under FxPro's terms.

The desk's responsibility ends at the link. The desk does not track what a reader does on another site, does not share any data with that site, and does not receive any data from it. The reader should read the other site's terms and privacy policy before using it. The desk's figures are what they are: a dated reading from a named public source. The desk does not guarantee that the same figure will appear on the other site at the same moment, or that the other site's service is suitable for any particular reader.

Responsibility and corrections

The desk is responsible for the figures on this site, and for nothing else. It is not responsible for what a money changer quotes at a counter, what the State Bank publishes on its own site, or what FxPro offers to a reader who opens an account. The desk's responsibility is to read the source carefully, note the date and hour, calculate the gap correctly, and display the source under the table. If the desk makes a mistake, the desk corrects it and dates the correction. The desk does not hide a correction, and it does not rewrite history. The corrected figure stands with the date of the correction.

The desk cannot promise that a figure will never be wrong. It can promise that a wrong figure will be fixed. The desk cannot promise that the gap will stay the same, or that the reader will get the same rate at a counter. It can promise that the figure shown is the figure read, at the hour shown, from the source named. The desk's work is a record, not a prediction. The record is as good as the reading, and the reading is as good as the source.

Reaching the desk and what is worth writing about

The desk's contact address is editor@openratedeskpk.pages.dev. It is the only address the desk publishes. A reader who writes to that address reaches the desk. The desk reads every message, but it answers only what it can answer: questions about a figure, a source, a date, or a correction. It does not answer questions about what a reader should do with the rate, whether the rupee will move, or which broker to choose. It does not give investment advice, and it does not recommend. The desk's subject is the measurement, and the measurement only.

A message is worth writing if it points to a figure that is wrong, a source that is misread, a date that is missing, or a calculation that is off. A message is not worth writing if it asks for a forecast, a recommendation, or an opinion. The desk does not publish forecasts, does not print a 'real' rate, and does not invent dealer quotes. It publishes the gap between two published rates, with the date and hour of each reading. That is the whole of the desk's work, and the whole of what the desk can answer.