1 Dollar in Pakistani Rupee Today
The value of the US dollar against the Pakistani rupee is constantly fluctuating due to various economic and political factors. In this article, we will provide you with the latest exchange rate and give you an overview of the recent trends in the currency market.
Current Exchange Rate
As of the current date, the exchange rate is:
1 USD = 157.50 PKR
Please note that the exchange rate may vary depending on the currency exchange service provider, banks, or online currency conversion platforms.
Recent Trends in USD to PKR Exchange Rate
In recent months, the Pakistani rupee has been under pressure due to various economic factors, including a widening trade deficit and declining foreign exchange reserves. As a result, the value of the rupee has depreciated against the US dollar.
In the last six months, the exchange rate has fluctuated between 155 PKR and 163 PKR per USD. The current rate is slightly higher than the average rate over the past year, which was around 154 PKR per USD.
Factors Affecting the USD to PKR Exchange Rate
Several factors influence the exchange rate between the US dollar and the Pakistani rupee, including:
- Trade Deficit: Pakistan's trade deficit has been widening, putting pressure on the rupee.
- Foreign Exchange Reserves: A decline in foreign exchange reserves can lead to a depreciation of the rupee.
- Inflation Rate: High inflation rates in Pakistan can lead to a decrease in the value of the rupee.
- Political Stability: Political instability can lead to a decrease in investor confidence, causing the rupee to depreciate.
Conclusion
The exchange rate between the US dollar and the Pakistani rupee is constantly changing due to various economic and political factors. As of now, the exchange rate is 1 USD = 157.50 PKR. It is essential to keep an eye on the latest exchange rates and trends to make informed decisions related to foreign exchange transactions.
