The exchange rate between the United States Dollar (USD) and the Pakistan Rupee (PKR), often known as the dollar price in Pakistan Rupee, is of interest. As of September 5, 2023, the exchange rate between the United States Dollar (USD) and the Pakistani Rupee (PKR) stands at Rs. 305.64. 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 important to note that the exchange rate between the US Dollar and the Pakistani Rupee in Pakistan, specifically on September 5, 2023, exhibits a little increase in both the interbank market and open market rates as reported by banks and forex exchange organizations.
Nevertheless, inbound remittances are allocated to clients’ accounts according to the interbank rate, whilst outward transactions are subject to charges depending on the open market rates. In essence, financial institutions impose charges on their clientele based on prevailing open market rates for the purchase of foreign currency, while conversely selling it at interbank rates.
At the conclusion of the interbank market on Monday, September 4, 2023, the exchange rate between the United States Dollar (USD) and the Pakistani Rupee (PKR) stood at Rs. 305.64. The revised closing rate for the USD to PKR exchange on September 5, 2023, will be made available at the conclusion of the business day.
Presented below is the current exchange rate between the US Dollar and the Pakistani Rupee (PKR) in Pakistan as of 5 September 2023. Additionally, the table includes the respective appreciation or depreciation of the exchange rate 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) |
|---|---|---|
| 5 September 2023 | Rs. 305.64 | – |
| 4 September 2023 | Rs. 305.64 |