Today Dollar Rate in Pakistan
Today 14 May, 2024 dollar rate in Pakistan is 278.50 in interbank exchange rates which is given by State Bank of Pakistan. The open market dollar rate is 277.5. Recently, the Interbank rate decreased by PKR 0.05 0.018. Over the last 30 days, the Dollar to PKR conversion saw a growth of PKR 10.906 (3.715%).
Today, the dollar rate has eased in the Interbank during business today;
Today's dollar rate became 278 rupees after decreasing by 1 rupee.
Yesterday, the dollar rate in Pakistan closed at 279 rupees in the interbank.
On the other hand, today dollar rate became 281 rupees after decreasing by 1 rupee in the open market.
At the close of business yesterday, the dollar rate in Pakistan was at Rs 282 in the open market.
Open Market Rates in Pakistan
Open Market Dollar rate in Pakistan is generally associated with the free flow of trading; there are no barriers or restrictions in the buying and selling of goods between the countries and the countries will have an equal chance to demand and supply their products. On the other, in an open market, there is no tax or tariff. However, the interest that is bear on trade will be determined by the government, Federal Reserves.
Dollar Rate Today in Pakistan is incredibly facing serious setbacks as inflation strikes the country.
Currencies Conversion
Likewise the trading of goods money exchanging is also relatively significant because for buying and selling products with other countries it is necessary to convert open market rates with other countries. Exchanging of currencies such as Dollar to PKR rate in Pakistan also referred as Foreign Exchange rates. The Dollar rate in Pakistan is Recognised under two names, Buying & Selling Rates. Apart from that, the International banks have the sole proprietorship to fix the currency conversion rate in the worldwide market while the Central Bank will regulate the national currency and keep the balance between the buying and selling of goods by monitoring Foreign Exchange Fixing. In Pakistan, the State Bank of Pakistan is the Central Bank and sets this foreign rate on a daily basis.
What is the Dollar rate today?
The Dollar rate today is RS. 278.50, it is a live conversion rate in Pakistan.
What is the rate of $1 in Pakistan?
The rate of $1 in Pakistan is 278.50 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 277.5, it may vary and is different from the Interbank rate.
What is the dollar buying and selling rate?
Today dollar buying rate is 278.30 & selling rate is 280. 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 280 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 280 in the Pakistani currency exchange market.