1 Dollar in Rupees Pakistan Today Open Market
Exchange Rate Update
As of today, the exchange rate of the US dollar (USD) to the Pakistani rupee (PKR) in the open market is an important piece of information for anyone looking to send or receive money internationally.
Current Exchange Rate
1 USD = 157.50 PKR
Please note that the exchange rate may fluctuate constantly and this rate may not be valid at the time of reading. It is always best to check with a reliable currency exchange dealer or a bank for the most up-to-date rates.
Open Market Exchange Rates in Pakistan
The open market exchange rate in Pakistan can vary depending on the location, with major cities like Karachi, Lahore, and Islamabad having different rates. The rates mentioned above are based on the average open market exchange rate in Pakistan.
Factors Affecting Exchange Rates
The exchange rate of the US dollar to the Pakistani rupee can be affected by various economic factors, including:
- Inflation: A high inflation rate in Pakistan can lead to a decrease in the value of the PKR, causing the exchange rate to fluctuate.
- Interest Rates: Changes in interest rates in the US or Pakistan can affect the exchange rate, as it influences the demand for a particular currency.
- Trade Deficit: A trade deficit in Pakistan can lead to a decrease in the value of the PKR, causing the exchange rate to rise.
Importance of Accurate Exchange Rates
Accurate exchange rates are crucial for individuals and businesses involved in international trade, travel, or money transfers. It helps them to make informed decisions about their financial transactions and avoid potential losses due to unfavorable exchange rates.
Stay updated with the latest exchange rates to make the most of your international transactions!
