The current exchange rate between the United States Dollar (USD) and the Pakistani Rupee (PKR) on September 12, 2023 stands at Rs. 301.16. The provided information pertains to the interbank exchange rate between the United States Dollar and the Pakistani Rupee, specifically at the commencement of the current business day.
It is noteworthy to acknowledge that the exchange rate between the US Dollar and the Pakistani Rupee in Pakistan, specifically on 12 September 2023, exhibits a minor increase in both the interbank market and open market rates as reported by banks and forex exchange entities.
Nonetheless, the allocation of incoming remittances to clients’ accounts is determined by the interbank rate, whilst outward transactions are subject to charges depending on open market rates. In essence, financial institutions impose charges on their clientele based on prevailing open market rates while purchasing foreign currency, while selling the same currency at interbank rates.
The closing rate of the US Dollar against the Pakistani Rupee (PKR) in the interbank market on Monday, September 11, 2023, was recorded as Rs. 301.16. The revised closing rate for the USD to PKR exchange on September 12, 2023, will be made available at the conclusion of the business day.
Presented below is the current exchange rate between the United States Dollar (USD) and the Pakistani Rupee (PKR) in Pakistan on the 12th of September, 2023. Additionally, the table includes the respective appreciation and depreciation values in comparison to the preceding day. It is important to note that the data is updated at the conclusion of the business day.
USD to PKR Exchange Rate in Pakistan Today
| DATE | EXCHANGE RATE (PKR) | CHANGE (PKR) |
|---|---|---|
| 12 September 2023 | Rs. 301.16 | – |
| 11 September 2023 | Rs. 301.16 |