Today Dollar Rate in Pakistan
Today 05 May, 2025 dollar rate in Pakistan is 281.35 in interbank exchange rates which is given by State Bank of Pakistan. The open market dollar rate is 281.35. Recently, the Interbank rate decreased by PKR 0.00 0. Over the last 30 days, the Dollar to PKR conversion saw a growth of PKR 10.906 (3.715%).
Dollar Rate today, Live Updates
The dollar became 278 rupees 45 paise in the interbank exchange.
At the close of business yesterday, the dollar was 278 rupees 42 paise at interbank.
Open Market Rates In Pakistan
The open market dollar rate in Pakistan normally mirrors free trade, whereby products can travel without restrictions between countries creating equal supply and demand opportunities. Trade in an open-market system carries no taxes or tariffs. Trading activities' relevant interest rates are determined by the federal government and the Federal Reserve nonetheless. Pakistan's increasing inflation is causing great problems for the dollar rate today.
Currencies Conversion
Just like trading things, converting currencies is known for international business. Open market rates should be at par with the currencies of other nations to make world trade a reality. The exchange of currencies like the dollar rate in Pakistan is called foreign currency exchange rates. Now the exchange dollar price in Pakistan is categorized under two heads of buying and selling rates. While the international banks control the global currency conversion rates, the national currency is controlled by the Central Bank ensuring balanced foreign exchange with the regulating trade. In Pakistan, foreign exchange rates are defined and announced daily by the State Bank of Pakistan.
Factors Influencing Dollar Rate in Pakistan
The dollar rate in Pakistan depends on multiple important variables with inflation serving as the primary force. The rise in product costs due to inflation generates greater foreign currency demand specifically for dollars. A weaker rupee results from these actions which drives the dollar rate higher. As an oil-importing nation Pakistan depends on global oil prices which directly affect the power of the dollar currency. The international market price increase for oil creates pressure on Pakistan to pay for imports with more dollars thus weakening its rupee currency.
Government policies influence the dollar exchange rate stability through adjustments of foreign reserves and import fee regulations and changes in financial policy measures. The State Bank of Pakistan (SBP) operates through regular monitoring of these market factors to guide foreign exchange practices that stabilize rupee market value.
Foreign remittances from Overseas Pakistanis create major influences on the dollar rate by the market. The extensive flow of remittance money into Pakistan serves as an essential foreign exchange resource that promotes stability in the currency exchange rate. The market supply of dollars increases as remittance levels grow which results in decreased pressure on the value of the rupee. The market's dollar supply decreases when remittances decrease which results in an upward movement of the exchange rate. The Government and the SBP jointly operate market regulation systems to control such exchange rate variations. Both global market aspects such as oil prices alongside external market forces alongside domestic economic conditions influence the current dollar to rupee exchange rate in Pakistan. The analysis of market factors enables accurate projections about exchange-rate movements and their economic consequences.
What is the Dollar rate today?
The Dollar rate today is RS. 281.35, it is a live conversion rate in Pakistan.
What is the rate of $1 in Pakistan?
The rate of $1 in Pakistan is 281.35 in the Interbank exchange rate as an official rate by the State Bank of Pakistan.
What is the dollar rate in Pakistan today open market?
The dollar rate in Pakistan today open market is 281.35, it may vary and is different from the Interbank rate.
What is the dollar buying and selling rate?
Today live dollar buying rate is 280.85 & selling rate is 282.85. It may also vary depending on the currency exchange or financial institution.
How much is 1 USD to PKR Open Market?
1 USD is equivalent to 282.85 as per the Dollar to PKR Open Market exchange rate.
What is the correct rate of the dollar in Pakistan?
The correct rate of the dollar in Pakistan is PKR 282.85 in the Pakistani currency exchange market.