On June 4, 2023, the buying rate of one US Dollar (USD) in Pakistani Rupees (PKR) in the open market was Rs 297.00, while the selling rate was Rs 300.00.
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PKR to remain under pressure against dollar next week
The Pakistani Rupee (PKR) is likely to remain under pressure against the US Dollar next week due to import payments and trade deficit concerns.
Furthermore, the upcoming announcement of the federal budget for 2023-2024 has heightened the demand for foreign currency. As the corporate sector approaches the end of their financial year on June 30, they are actively accumulating dollars for repatriation purposes.
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PKR to USD – Today Pakistani Rupee to US Dollar as of June 3, 2023
On June 3, 2023, the buying rate of one US Dollar (USD) in Pakistani Rupees (PKR) in the open market was Rs 297.00, while the selling rate was Rs 300.00.
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PKR Depreciates by 30 Paisas Against US Dollar Due to Rising Import Demand
The Pakistani Rupee (PKR) experienced a depreciation of 30 paisas against the US dollar on Friday, primarily due to an increased demand for import and corporate payments.
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PKR to USD – Today Pakistani Rupee to US Dollar as of June 2, 2023
On June 2, 2023, the buying rate of one US Dollar (USD) in Pakistani Rupees (PKR) in the open market was Rs 290.00, while the selling rate was Rs 298.00.
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Rupee inches up by 9 paisas against dollar in interbank
The Pakistani Rupee (PKR) has gained 9 paisas against dollar in interbank foreign exchange market on Thursday.
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PKR to USD – Today Pakistani Rupee to US Dollar as of June 1, 2023
On June 1, 2023, the buying rate of one US Dollar (USD) in Pakistani Rupees (PKR) in the open market was Rs 308.00, while the selling rate was Rs 311.00.
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SBP’s Decision Sparks Optimism: Dollar Expected to See Significant Fall in Pakistan
The recent circular issued by the State Bank of Pakistan (SBP) on May 31, 2023, allowing Authorized Dealers to purchase US Dollar from the Interbank for settlement of card-based cross-border transactions with IPS, has been welcomed by Zafar Paracha, the General Secretary of the Exchange Companies Association of Pakistan (ECAP).
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PKR faces slight loss against dollar in interbank
The interbank foreign exchange market on Wednesday, witnessed a depreciation of 12 paisas in the Pakistani Rupee (PKR) against the US Dollar. This decline was primarily influenced by increased demand for the dollar and the prevailing political uncertainty.
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PKR to USD – Today Pakistani Rupee to US Dollar as of May 31, 2023
On May 31, 2023, the buying rate of one US Dollar (USD) in Pakistani Rupees (PKR) in the open market was Rs 309.00, while the selling rate was Rs 312.00.
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