Karachi, August 4, 2025 – The exchange rate between the Pakistani Rupee (PKR) and the US Dollar (USD) opened with a slight variation in the open market as trading began on Monday.
At 9:00 AM Pakistan Standard Time, the buying rate for one US Dollar was recorded at Rs 284.48, while the selling rate stood at Rs 285.30. These rates reflect the value at which currency exchange companies and banks are conducting transactions with the public at the start of the trading day.
The exchange rate between the dollar and the rupee is primarily determined by open market dynamics, including the demand for foreign currency, remittance inflows, and import payments. In this context, the buying rate refers to the price at which the dollar is purchased by an exchange company or bank from a customer, while the selling rate is the price at which the dollar is sold to a customer in exchange for rupees.
Given Pakistan’s reliance on the US Dollar for international trade and debt obligations, any shifts in global economic conditions, geopolitical factors, or domestic market sentiment can directly influence the rupee-dollar parity. Exchange rates may also vary depending on the location and specific financial institution handling the transaction.