The currency exchange is a constantly changing market. Knowing the current Dollar Rate in Pakistan is essential. This information impacts trade, investment, and personal finance. We provide the latest, verified rates for your reference.
What is the Interbank Dollar Rate?
The interbank rate is the official rate. It is also called the State Bank of Pakistan (SBP) rate. Today, the interbank Dollar Rate in Pakistan is PKR 280.90. This rate was last updated on December 3, 2025. This is the rate banks use for large, official transactions. It serves as the baseline for all currency exchanges.
Understanding the Open Market Rate
The open market rate differs from the interbank rate. This is the price you get from currency exchangers. It reflects supply and demand in the local trading market. The open market Dollar Rate in Pakistan is often higher. Currently, the US dollar price in the open market is PKR 281.45. This difference is due to various market factors.
Recent Shifts in Dollar-PKR Exchange
The Pakistan Rupee (PKR) often sees daily fluctuations. During the most recent trading session, the rate shifted slightly. The dollar rate moved from PKR 280.90 to PKR 280.40. These minor movements are common in a volatile currency market. Traders and investors closely monitor these changes.
H3: Interbank vs. Open Market: The Key Difference
It is important to understand the exchange rate difference. The bank exchange rate is typically lower. This is always compared to the currency exchange or open market rate. For example, the open market might sell at PKR 281.45. Banks may offer a slightly reduced rate for official use. Always check both before making a transaction. This helps you get the best value for your dollars. Stay informed about the current Dollar Rate in Pakistan for smarter decisions.
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