KARACHI: Following are the rates of buying and selling of one US dollar (USD) in Pakistani Rupee (PKR) in the open market on August 8, 2021:

Buying: Rs 162.80 to the Dollar

Selling: Rs 163.80 to the Dollar

We update rates hourly so we can offer you the best USD to PKR.

The US Dollar /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.

Disclaimer: Team PKRevenue.com provides the available rates of the open market, which are subject to change every hour. Team PKRevenue.com provides the available exchange rates at the time of posting the story. So the team is not responsible for any inaccuracy of the data.

The US dollar remained a closely watched currency in Pakistan’s open market, with exchange rates influenced by demand and supply conditions. The difference between the buying and selling rates represents the spread maintained by exchange companies and other market participants. Dollar rates can change during the day in response to developments in foreign exchange markets, remittance flows, import payments and broader economic conditions. Customers planning currency transactions should therefore check the latest available rates before buying or selling dollars, as the quoted rate may differ from the rate available at the time of transaction.