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 academic interest. As of September 6, 2023, the exchange rate between the United States Dollar (USD) and the Pakistani Rupee (PKR) stands at Rs. 307.10. 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’s interbank market and open market is marginally elevated as of September 6, 2023, as reported by banks and forex exchange entities.
Nevertheless, incoming remittances are allocated to clients’ accounts according to the interbank rate, whilst outgoing transactions are subject to charges depending on open market rates. In essence, financial institutions levy fees on their clientele based on prevailing market rates for the acquisition of foreign currency, while conversely selling it at interbank rates.
The closing rate of the US Dollar against the Pakistani Rupee (PKR) in the interbank market on Tuesday, September 5, 2023, was recorded as Rs. 307.10. The revised closing rate for the conversion of USD to PKR on September 6, 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 on 6 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 table is updated at the conclusion of the business day.
USD to PKR Exchange Rate in Pakistan Today
| DATE | EXCHANGE RATE (PKR) | CHANGE (PKR) |
|---|---|---|
| 6 September 2023 | Rs. 307.10 | – |
| 5 September 2023 | Rs. 307.10 |