KARACHI: Following are the rates of buying and selling of one US dollar (USD) in Pakistani Rupee (PKR) in the open market on March 25, 2022:
Buying: Rs 181.80 to the US Dollar
Selling: Rs 183.20 to the US Dollar
The buying rate means an exchange company or a bank buys foreign currency from a customer.
The selling rate means an exchange company or a bank sells the foreign currency from a customer.
The rate has been updated at 09:50 AM Pakistan Standard Time (PST).
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.
Meanwhile, exchange market experts said the Pakistani rupee remained under pressure against the US dollar due to rising import payments and increasing demand for the greenback in the local market. Currency dealers noted that fluctuations in the dollar rate directly affect inflation, fuel prices and import costs. They added that open market currency rates may vary during the day depending on market supply and demand conditions.