Today Dollar Rate in Pakistan
Today 15 Jul, 2025 dollar rate in Pakistan is 284.85 in interbank exchange rates which is given by State Bank of Pakistan. The open market dollar rate is 287.50. Recently, the Interbank rate decreased by PKR 0.10 0.035. Over the last 30 days, the Dollar to PKR conversion saw a growth of PKR 10.906 (3.715%).
Dollar Rate Live Updates
- At the end of fiscal year 2025, the State Bank of Pakistan's foreign exchange reserves stood at $14.51 billion.
- Foreign exchange reserves increased by $5.12 billion in fiscal year 2025.
- At the end of fiscal year 2024, the State Bank's foreign exchange reserves were $9.39 billion.
- Thus, another condition of the IMF was fulfilled: the State Bank's reserves exceeded the Fund's target of $14 billion.
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.
What Affects the Dollar Rate in Pakistan
Here are several elements that affect the rate of the dollar rate in Pakistan today, always including all other factors:
- Inflation: As the demand for a steady dollar becomes stronger due to inflation in Pakistan, so does the dollar's weakening of the Pakistani rupee.
- Oil Prices: When oil prices rise globally, it increases the dollar requirement of Pakistan, which is an oil importer.
- Governmental & Central Bank Actions: The stabilization of the currency is dependent on the foreign exchange reserves and interest rates policy of the government and the central bank. Remittance - the inflow of dollars into the country because overseas Pakistanis send it to the country as income. Over the past years, it has helped some years in relieving some pressure.
- Economic Conditions: Investors' confidences are affected by the country's balance of payments, as well as some debt levels and its political stability. Currently, the external debt of Pakistan has crossed $131 billion.
From a Historical Perspective: Dollar Rate Trends
PKR has stayed between Rs 283 and 286 per USD around mid-2025. In June 2025, the 30-day average fell between ₨ 283 and 285.
Over the last year, one USD varied:
- Low: 280 to 282.
- High: 285 to 286.
The rupee has stayed under constant pressure even in the face of central bank efforts, fluctuating against the dollar to pkr today.
What is the Dollar rate today?
The Dollar rate today is RS. 284.85, it is a live conversion rate in Pakistan.
What is the rate of $1 in Pakistan?
The rate of $1 in Pakistan is 284.85 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 287.50, it may vary and is different from the Interbank rate.
What is the dollar buying and selling rate?
Today live dollar buying rate is 284.35 & selling rate is 288. 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 288 as per the Dollar to PKR Open Market exchange rate.