The USD to PKR exchange rate is an important economic indicator for Pakistan, affecting prices of goods and economic policy.
Current USD to PKR Rate
As of July 12, 2025, the interbank exchange rate stands at approximately PKR 284.46 for one US Dollar. The open market offers rates of PKR 284.60 (buying) and PKR 286.80 (selling). These fluctuations are influenced by dynamic supply and demand.
Key Factors Influencing the USD to PKR Rate
The PKR against the USD is influenced by various economic factors:
* **Current Account Balance**: A deficit negatively impacts the rate by increasing demand for dollars. * **Foreign Exchange Reserves**: Low reserves weaken the PKR position. * **Inflation Rates**: Higher inflation reduces the purchasing power of PKR. * **Interest Rates**: Higher rates attract investments, strengthening the currency. * **Foreign Direct Investment and Remittances**: Support the economy and bolster the PKR. * **Political Stability**: Instability causes capital flight and raises dollar demand.
Economic Impact of USD to PKR Rate on Pakistan
The USD to PKR rate has significant implications for the country's economy:
* **Impact on Imports**: A depreciating PKR raises the cost of imported goods. * **Impact on Exports**: A weaker PKR makes exports cheaper for foreign buyers. * **Inflationary Pressure**: Rising costs of imported goods lead to overall price increases. * **External Debt**: The depreciation increases the rupee value of foreign-denominated debt, raising financial burdens.
The USD to PKR exchange rate is a complex indicator reflecting multiple economic factors. Its stability is crucial for improving Pakistan's economic situation.