Inter bank USD to PKR
On 14 July 2023, according to State Bank of Pakistan data, inter bank US dollar to pkr exchange rate is 277.59
PKR lost 1.13 rupees against dollar.
Open market USD to PKR exchange rate
In open market 1 USD to PKR exchange rate closed at Rs. 283.
Pakistani currency is a free floating currency whose value against USD is determined by supply and demand factors in the market.
Pakistani currency is also affected by economic instability, interest rate, trade imbalance, low remmitences, debt obligations and dwindling foriegn direct investment.
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