The exchange rate of the US dollar against the Pakistani rupee stands at Rs279.9 for buying and Rs281.6 for selling in the open market.
Other major currencies have also experienced fluctuations. The Euro is being bought at Rs303.10 and sold at Rs290, while the British Pound stands at Rs346.5 for buying and Rs350 for selling. The UAE Dirham is available at Rs75.4 for buying and Rs76.05 for selling.
In regional currencies, the Chinese Yuan is trading at Rs39.6 for buying and Rs40 for selling, while the Indian Rupee remains at Rs3.34 for buying and Rs3.45 for selling. The Japanese Yen is at Rs1.92 for buying and Rs1.98 for selling.
Currency rates in Pakistan fluctuate based on international market trends, trade activities, and economic factors. The exchange rate of the dollar significantly impacts inflation, import costs, and overall economic stability. Experts advise businesses and individuals dealing in foreign currency to monitor market trends closely before making transactions.
The Pakistani Rupee has remained under pressure due to external debt payments, trade deficits, and global economic conditions. However, government policies and foreign exchange reserves play a key role in stabilizing the currency market.
For additional information and precise currency conversion calculations, feel free to use our reliable currency conversion tool on our website.
Disclaimer: Exchange rates are subject to frequent fluctuations. Always verify rates with trusted financial institutions or authorized currency exchanges.