Related Articles
US Dollar and Pakistani Rupee
The exchange rate between the US dollar (USD) and the Pakistani rupee (PKR) is an important economic indicator for both countries. The Pakistani rupee is the official currency of Pakistan and is issued by the State Bank of Pakistan.
The US dollar is the most widely used currency in international transactions, and is also the official currency of many countries. The exchange rate between the USD and the PKR is determined by a variety of factors, including economic and political conditions in both countries, the demand for the US dollar in international transactions, the supply of the PKR in the domestic economy, and the overall demand and supply of both currencies in the global economy.
The current exchange rate between the USD and the PKR is approximately 1 USD = 278.93 PKR.
This rate has remained relatively stable over the past few years, although it has seen some fluctuations due to political and economic events. For example, the exchange rate between the two currencies rose sharply in 2023 due to the coronavirus pandemic, before stabilizing again in 2023. The exchange rate between the USD and the PKR plays an important role in the economy of both countries.
For example, the exchange rate affects the cost of imported goods, the affordability of exports, and the exchange rate between the two currencies is often used as a benchmark for setting interest rates. In order to maintain stability in the
