1 Dollar in Pakistani Rupees Today Open Market
Exchange Rate Update
As of the current market, the exchange rate of 1 USD (United States Dollar) in PKR (Pakistani Rupee) is:
1 USD = 160.50 PKR
This exchange rate is subject to change and may fluctuate based on various economic factors and market conditions.
Open Market Exchange Rates
The open market exchange rate is the rate at which banks and currency exchange dealers buy and sell currencies. This rate is typically more competitive than the official exchange rate set by the State Bank of Pakistan.
Here are the current open market exchange rates for 1 USD in PKR:
Buying Rate: 159.50 PKR Selling Rate: 161.50 PKR
Please note that these rates are subject to change and may vary depending on the location and the currency exchange dealer.
Factors Affecting Exchange Rates
The exchange rate of 1 USD in PKR is influenced by various factors, including:
Economic Indicators
- Inflation rate
- Interest rate
- GDP growth rate
- Trade balance
Political and Geopolitical Factors
- Political stability
- Government policies
- Global events and crises
Supply and Demand
- Demand for dollars from importers and travelers
- Supply of dollars from exporters and foreign investors
Central Bank Intervention
- State Bank of Pakistan's intervention in the foreign exchange market
- Monetary policy decisions
Stay updated with the latest exchange rates and market trends to make informed decisions about your currency transactions.
Disclaimer: The exchange rates mentioned in this article are subject to change and may not reflect the exact rates at the time of reading. Please check with a reliable currency exchange dealer or website for the most up-to-date rates.