Today Dollar Rate in Pakistan
Today 06 Mar, 2025 dollar rate in Pakistan is 279.70 in interbank exchange rates which is given by State Bank of Pakistan. The open market dollar rate is 280. Recently, the Interbank rate decreased by PKR 0.35 0.125. 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.
Knowing the Currency Exchange of Pakistan
The dollar rate in Pakistan is an important factor affecting the economy; it is indirectly related to trade, investment, and remittances. Today dollar rate affects consumers, exporters, and importers in great detail considering the high inflation risk and high cost imposed by imported goods. Also, the State Bank of Pakistan (SBP) monitors foreign exchange trends and applies regulatory measures to stabilize the operation of the open market closely. The SBP intends to stabilize exchange rate fluctuations. Also, ensures market stability, and supports sustainable economic growth through adjustments in monetary policy and foreign reserve management.
The fluctuations in the dollar rate today also affect Pakistan’s balance of payments. When the rupee depreciates against the dollar, it impacts the costs incurred on debt repayments and imports. A stronger rupee may enhance purchasing power, but this may threaten competitiveness in exports. Further, foreign remittances from Overseas Pakistanis, which form an important source of foreign currency, are also affected by the exchange rate fluctuations, thereby affecting household incomes and national reserves.
What is the Dollar rate today?
The Dollar rate today is RS. 279.70, it is a live conversion rate in Pakistan.
What is the rate of $1 in Pakistan?
The rate of $1 in Pakistan is 279.70 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 280, it may vary and is different from the Interbank rate.
What is the dollar buying and selling rate?
Today live dollar buying rate is 279.20 & selling rate is 281.50. 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 281.50 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 281.50 in the Pakistani currency exchange market.