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Get latest US Dollar (USD) exchange rate, PKR conversion, forex news, currency trends, daily market updates, and global financial insights.

  • Pakistani Rupee to US Dollar on September 13, 2022

    Pakistani Rupee to US Dollar on September 13, 2022

    KARACHI: Following are the rates of buying and selling of one US dollar (USD) in Pakistani Rupee (PKR) in the open market on September 13, 2022:

    Buying: Rs 235.00 to the US Dollar

    Selling: Rs 236.00 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 09:00 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.

    Pakistani Rupee to US Dollar on September 12, 2022

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    Pakistani Rupee to Saudi Riyal on September 13, 2022

    KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on September 13, 2022:

    Buying: Rs 63.00 to the Saudi Riyal

    Selling: Rs 63.60 to the Saudi Riyal

    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 for foreign currency from a customer.

    The rate has been updated at 09:00 AM Pakistan Standard Time (PST).

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

    Pakistani Rupee to Saudi Riyal on September 12, 2022

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    Pakistani Rupee to Euro on September 13, 2022

    KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on September 13, 2022:

    Buying: Rs 240.00 to the Euro

    Selling: Rs 242.40 to the Euro

    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 for foreign currency from a customer.

    The rate has been updated at 09:00 AM Pakistan Standard Time (PST).

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

    Pakistani Rupee to Euro on September 12, 2022

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    Pakistani Rupee to UK Pound Sterling on September 13, 2022

    KARACHI: Following are the rates of buying and selling of one UK Pound Sterling (GBP) in Pakistani Rupee (PKR) in the open market on September 13, 2022:

    Buying: Rs 277.00 to the UK Pound Sterling

    Selling: Rs 279.80 to the UK Pound Sterling

    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 09:00 AM Pakistan Standard Time (PST).

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

    Pakistani Rupee to UK Pound Sterling on September 12, 2022

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    Pakistani Rupee to UAE Dirham on September 13, 2022

    KARACHI: Following are the rates of buying and selling of one UAE Dirham (AED) in Pakistani Rupee (PKR) in the open market on September 13, 2022:

    Buying: Rs 64.70 to the UAE Dirham

    Selling: Rs 65.35 to the UAE Dirham

    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 09:00 AM Pakistan Standard Time (PST).

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

    Pakistani Rupee to UAE Dirham on September 12, 2022

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    Pakistani Rupee to Canadian Dollar on September 13, 2022

    KARACHI: Following are the rates of buying and selling of one Canadian Dollar (CAD) in Pakistani Rupee (PKR) in the open market on September 13, 2022:

    Buying: Rs 182.00 to the Canadian Dollar

    Selling: Rs 184.00 to the Canadian 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 for foreign currency from a customer.

    The rate has been updated at 09:00 AM Pakistan Standard Time (PST).

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

    Pakistani Rupee to Canadian Dollar on September 12, 2022

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    Disclaimer: Team PKRevenue.com provides the available rates of the open market, which are subject to change every hour. The given rates are opening for the day. 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.

  • PKR falls for 7th straight day; dollar jumps to Rs229.82

    PKR falls for 7th straight day; dollar jumps to Rs229.82

    The free-fall in Pakistani Rupee (PKR) continued for 7th straight day against dollar on Monday as the US dollar jumped to Rs229.82 in interbank foreign exchange market.

    The exchange rate recorded a decline of Rs1.64 in rupee value to end at Rs229.82 to the dollar from last Friday’s closing of Rs228.18 in interbank foreign exchange market.

    READ MORE: Rupee weakens sixth straight day; dollar ends PKR 228.18

    The rupee has witnessed a continuous depreciation against the greenback even after the inflows received from the International Monetary Fund (IMF). The local currency has recorded Rs11.22 against the foreign currency during the past seven sessions. The local unit was at Rs218.60 to the dollar on September 01, 2022.

    It is worth mentioning that Pakistan received $1.1 billion from the IMF under Extended Fund Facility (EFF) on August 31, 2022 following the executive board of the IMF approved the loan program on August 29, 2022.

    READ MORE: Pakistani Rupee weakens; Dollar jumps to PKR 225.42 at interbank

    Currency experts said that the rupee was under immense pressure due to high import payment demand and losses to the economy due to floods.

    They said that high import payments by end of this quarter and corporate payments put pressure on the rupee value.

    The rupee fell to the record low of Rs239.94 to the dollar on July 28, 2022.

    READ MORE: Dollar strengthens to PKR 223.42 at interbank closing

    The rupee made some recovery against the greenback after the IMF fund was transferred to the State Bank of Pakistan (SBP). However, the removal of sanction on import of luxury and non-essential items the rupee again started free fall.

    The currency experts said that although the IMF inflows would help the further inflows under bilateral and multilateral sources. However, the devastation of floods has changed the economic environment scenario.

    READ MORE: Dollar continues upward journey; ends at PKR 221.42 in interbank

    The torrential rains and flash floods have inflicted a loss of $10 billion to Pakistan’s economy. The devastation will prompt the country to make imports in the coming days, especially for agriculture products. The rupee also fell due to continuous depletion in foreign exchange reserves of the country.

  • Pakistani Rupee to US Dollar on September 12, 2022

    Pakistani Rupee to US Dollar on September 12, 2022

    KARACHI: Following are the rates of buying and selling of one US dollar (USD) in Pakistani Rupee (PKR) in the open market on September 12, 2022:

    Buying: Rs 232.00 to the US Dollar

    Selling: Rs 234.00 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 09:00 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.

    Pakistani Rupee to US Dollar on September 11, 2022

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    Pakistani Rupee to Saudi Riyal on September 12, 2022

    KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on September 12, 2022:

    Buying: Rs 62.50 to the Saudi Riyal

    Selling: Rs 63.12 to the Saudi Riyal

    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 for foreign currency from a customer.

    The rate has been updated at 09:00 AM Pakistan Standard Time (PST).

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

    Pakistani Rupee to Saudi Riyal on September 11, 2022

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    Pakistani Rupee to Euro on September 12, 2022

    KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on September 12, 2022:

    Buying: Rs 236.00 to the Euro

    Selling: Rs 238.30 to the Euro

    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 for foreign currency from a customer.

    The rate has been updated at 09:00 AM Pakistan Standard Time (PST).

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

    Pakistani Rupee to Euro on September 11, 2022

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    Pakistani Rupee to UK Pound Sterling on September 12, 2022

    KARACHI: Following are the rates of buying and selling of one UK Pound Sterling (GBP) in Pakistani Rupee (PKR) in the open market on September 12, 2022:

    Buying: Rs 272.00 to the UK Pound Sterling

    Selling: Rs 274.70 to the UK Pound Sterling

    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 09:00 AM Pakistan Standard Time (PST).

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

    Pakistani Rupee to UK Pound Sterling on September 11, 2022

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    Pakistani Rupee to UAE Dirham on September 12, 2022

    KARACHI: Following are the rates of buying and selling of one UAE Dirham (AED) in Pakistani Rupee (PKR) in the open market on September 12, 2022:

    Buying: Rs 64.00 to the UAE Dirham

    Selling: Rs 64.64 to the UAE Dirham

    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 09:00 AM Pakistan Standard Time (PST).

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

    Pakistani Rupee to UAE Dirham on September 11, 2022

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    Pakistani Rupee to Canadian Dollar on September 12, 2022

    KARACHI: Following are the rates of buying and selling of one Canadian Dollar (CAD) in Pakistani Rupee (PKR) in the open market on September 12, 2022:

    Buying: Rs 180.00 to the Canadian Dollar

    Selling: Rs 182.00 to the Canadian 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 for foreign currency from a customer.

    The rate has been updated at 09:00 AM Pakistan Standard Time (PST).

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

    Pakistani Rupee to Canadian Dollar on September 11, 2022

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    Disclaimer: Team PKRevenue.com provides the available rates of the open market, which are subject to change every hour. The given rates are opening for the day. 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.

  • PKR plunges Rs9.43 or 4.31% against dollar since IMF transfers

    PKR plunges Rs9.43 or 4.31% against dollar since IMF transfers

    KARACHI: Pakistani Rupee (PKR) has plunged by Rs9.43 against the US dollar since the country received tranche from the International Monetary Fund (IMF).

    The country received a tranche of $1.16 billion from the IMF under Extended Fund (EFF) loan program on August 31, 2022.

    The fund transfer was made possible after the IMF Executive Board approved resumption of Pakistan loan program on August 29, 2022.

    READ MORE: Rupee weakens sixth straight day; dollar ends PKR 228.18

    The government was hopeful of improvement in economic indicators once the money is received from the IMF.

    However, in contrast the PKR fell sharply since the IMF funds transferred to the State Bank of Pakistan (SBP).

    The exchange rate was Rs218.75 to the dollar on August 31, 2022, the day when the money was received by Pakistan. However, since then the rupee fell by Rs9.43 or 4.31 per cent to Rs228.18 to the dollar on September 09, 2022 in interbank foreign exchange market.

    READ MORE: Pakistani Rupee weakens; Dollar jumps to PKR 225.42 at interbank

    Currency experts said that the dollar demand was increased due to massive imports for flood relief program and removal of import ban on luxury and non-essential items under IMF pressure.

    Pakistan is facing catastrophic floods, which incurred huge losses both human and monetary. To an estimate, the country has suffered about $12 billion – $15 billion due to floods devastation.

    A large scale relief operations have been started from both local and international agencies along with the government. This relief operations require huge amount of imported goods in the country.

    READ MORE: Dollar strengthens to PKR 223.42 at interbank closing

    Pakistan’s apex tax agency i.e. Federal Board of Revenue (FBR) recently issued notifications to allow exemption from duty and taxes on import of goods for flood relief operations. Besides, the FBR also directed the customs authorities to ensure clearance of goods imported under PM flood relief program within 24 hours.

    Furthermore, the rupee is also under pressure after the government withdrew the ban on import of luxury and non-essential goods to prevent depreciation in rupee value and cut import bill to support balance of payment.

    The government imposed the ban on import of luxury and non-essential items on May 19, 2022. The ban yielded results as the trade deficit and current account deficit narrowed in subsequent months.

    However, the government on August 20, 2022 removed this ban in order to satisfy the IMF for continuation of loan program.

    READ MORE: Dollar continues upward journey; ends at PKR 221.42 in interbank

    It is pertinent to mention that the foreign exchange reserves of the country improved after the inflows received by the State Bank. However, repayment pressure and already significant decline failed to improve the market sentiments.

    Pakistan’s foreign exchange reserves have increased by $1.07 billion. The foreign exchange reserves of Pakistan increased to $14.473 billion by week ended September 02, 2022 as compared with reserves position of $13.403 billion a week ago i.e. August 26, 2022.

    READ MORE: Pakistan’s FX reserves increase by $1.07bn after IMF inflows

    The country’s foreign exchange reserves hit all-time high of $27.228 billion on August 27, 2021. Since then the foreign exchange reserves have declined by $12.755 billion.

    The official reserves of State Bank of Pakistan (SBP) also recorded an increase of $1.103 billion to $8.8 billion by week ended September 02, 2022 as compared with $7.697 billion a week ago.

    During the week ended, SBP received US$ 1,166 million from IMF under EFF program. After accounting for external debt and other payments, SBP reserves increased by US$ 1,103 million to US$ 8,799.9 million.

    The foreign exchange reserves held by the central bank witnessed a record high at $20.146 billion by week ended August 27, 2021. Since then the official reserves of the SBP dropped by $11.346 billion.

  • Pakistani Rupee to US Dollar on September 11, 2022

    Pakistani Rupee to US Dollar on September 11, 2022

    KARACHI: Following are the rates of buying and selling of one US dollar (USD) in Pakistani Rupee (PKR) in the open market on September 11, 2022:

    Buying: Rs 232.00 to the US Dollar

    Selling: Rs 234.00 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 08:00 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.

    Pakistani Rupee to US Dollar on September 10, 2022

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    Pakistani Rupee to Canadian Dollar on September 11, 2022

    KARACHI: Following are the rates of buying and selling of one Canadian Dollar (CAD) in Pakistani Rupee (PKR) in the open market on September 11, 2022:

    Buying: Rs 180.00 to the Canadian Dollar

    Selling: Rs 182.00 to the Canadian 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 for foreign currency from a customer.

    The rate has been updated at 08:00 AM Pakistan Standard Time (PST).

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

    Pakistani Rupee to Canadian Dollar on September 10, 2022

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    Pakistani Rupee to UAE Dirham on September 11, 2022

    KARACHI: Following are the rates of buying and selling of one UAE Dirham (AED) in Pakistani Rupee (PKR) in the open market on September 11, 2022:

    Buying: Rs 64.00 to the UAE Dirham

    Selling: Rs 64.64 to the UAE Dirham

    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 08:00 AM Pakistan Standard Time (PST).

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

    Pakistani Rupee to UAE Dirham on September 10, 2022

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    Pakistani Rupee to UK Pound Sterling on September 11, 2022

    KARACHI: Following are the rates of buying and selling of one UK Pound Sterling (GBP) in Pakistani Rupee (PKR) in the open market on September 11, 2022:

    Buying: Rs 272.00 to the UK Pound Sterling

    Selling: Rs 274.70 to the UK Pound Sterling

    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 08:00 AM Pakistan Standard Time (PST).

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

    Pakistani Rupee to UK Pound Sterling on September 10, 2022

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    Pakistani Rupee to Euro on September 11, 2022

    KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on September 11, 2022:

    Buying: Rs 236.00 to the Euro

    Selling: Rs 238.30 to the Euro

    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 for foreign currency from a customer.

    The rate has been updated at 08:00 AM Pakistan Standard Time (PST).

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

    Pakistani Rupee to Euro on September 10, 2022

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    Pakistani Rupee to Saudi Riyal on September 11, 2022

    KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on September 11, 2022:

    Buying: Rs 62.50 to the Saudi Riyal

    Selling: Rs 63.12 to the Saudi Riyal

    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 for foreign currency from a customer.

    The rate has been updated at 08:00 AM Pakistan Standard Time (PST).

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

    Pakistani Rupee to Saudi Riyal on September 10, 2022

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    Disclaimer: Team PKRevenue.com provides the available rates of the open market, which are subject to change every hour. The given rates are opening for the day. 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.

  • Pakistani Rupee to US Dollar on September 10, 2022

    Pakistani Rupee to US Dollar on September 10, 2022

    KARACHI: Following are the rates of buying and selling of one US dollar (USD) in Pakistani Rupee (PKR) in the open market on September 10, 2022:

    Buying: Rs 232.50 to the US Dollar

    Selling: Rs 234.50 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 08:00 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.

    Pakistani Rupee to US Dollar on September 09, 2022

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    Pakistani Rupee to Canadian Dollar on September 10, 2022

    KARACHI: Following are the rates of buying and selling of one Canadian Dollar (CAD) in Pakistani Rupee (PKR) in the open market on September 10, 2022:

    Buying: Rs 178.00 to the Canadian Dollar

    Selling: Rs 180.00 to the Canadian 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 for foreign currency from a customer.

    The rate has been updated at 08:00 AM Pakistan Standard Time (PST).

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

    Pakistani Rupee to Canadian Dollar on September 09, 2022

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    Pakistani Rupee to UAE Dirham on September 10, 2022

    KARACHI: Following are the rates of buying and selling of one UAE Dirham (AED) in Pakistani Rupee (PKR) in the open market on September 10, 2022:

    Buying: Rs 63.50 to the UAE Dirham

    Selling: Rs 64.20 to the UAE Dirham

    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 08:00 AM Pakistan Standard Time (PST).

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

    Pakistani Rupee to UAE Dirham on September 09, 2022

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    Pakistani Rupee to UK Pound Sterling on September 10, 2022

    KARACHI: Following are the rates of buying and selling of one UK Pound Sterling (GBP) in Pakistani Rupee (PKR) in the open market on September 10, 2022:

    Buying: Rs 272.00 to the UK Pound Sterling

    Selling: Rs 274.70 to the UK Pound Sterling

    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 08:00 AM Pakistan Standard Time (PST).

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

    Pakistani Rupee to UK Pound Sterling on September 09, 2022

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    Pakistani Rupee to Euro on September 10, 2022

    KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on September 10, 2022:

    Buying: Rs 234.00 to the Euro

    Selling: Rs 236.30 to the Euro

    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 for foreign currency from a customer.

    The rate has been updated at 08:00 AM Pakistan Standard Time (PST).

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

    Pakistani Rupee to Euro on September 09, 2022

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    Pakistani Rupee to Saudi Riyal on September 10, 2022

    KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on September 10, 2022:

    Buying: Rs 62.00 to the Saudi Riyal

    Selling: Rs 62.70 to the Saudi Riyal

    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 for foreign currency from a customer.

    The rate has been updated at 08:00 AM Pakistan Standard Time (PST).

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

    Pakistani Rupee to Saudi Riyal on September 09, 2022

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    Disclaimer: Team PKRevenue.com provides the available rates of the open market, which are subject to change every hour. The given rates are opening for the day. 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.

  • Rupee weakens sixth straight day; dollar ends PKR 228.18

    Rupee weakens sixth straight day; dollar ends PKR 228.18

    KARACHI: The Pakistani Rupee (PKR) weakened for the sixth straight day as the US dollar ended PKR 228.18 closing of interbank foreign exchange market on Friday.

    The exchange rate recorded a decline of Rs2.76 in rupee value to end at Rs228.18 to the dollar from previous day’s closing of Rs225.42 in the interbank foreign exchange market.

    READ MORE: Pakistani Rupee weakens; Dollar jumps to PKR 225.42 at interbank

    The rupee has witnessed a continuous depreciation against the greenback even after the inflows received from the International Monetary Fund (IMF). The local currency has recorded Rs9.58 against the foreign currency during the past six sessions. The local unit was at Rs218.60 to the dollar on September 01, 2022.

    It is worth mentioning that Pakistan received $1.1 billion from the IMF under Extended Fund Facility (EFF) on August 31, 2022 following the executive board of the IMF approved the loan program on August 29, 2022.

    READ MORE: Dollar strengthens to PKR 223.42 at interbank closing

    Currency experts said that the rupee was under immense pressure due to high import payment demand and losses to the economy due to floods.

    They said that high import payments by end of this quarter and corporate payments put pressure on the rupee value.

    The rupee fell to the record low of Rs239.94 to the dollar on July 28, 2022.

    READ MORE: Dollar continues upward journey; ends at PKR 221.42 in interbank

    The rupee made some recovery against the greenback after the IMF fund was transferred to the State Bank of Pakistan (SBP). However, the removal of sanction on import of luxury and non-essential items the rupee again started free fall.

    The currency experts said that although the IMF inflows would help the further inflows under bilateral and multilateral sources. However, the devastation of floods has changed the economic environment scenario.

    READ MORE: Dollar ends up to PKR 219.86 on September 05, 2022

    The torrential rains and flash floods have inflicted a loss of $10 billion to Pakistan’s economy. The devastation will prompt the country to make imports in the coming days, especially for agriculture products. The rupee also fell due to continuous depletion in foreign exchange reserves of the country.

  • Pakistani Rupee to US Dollar on September 09, 2022

    Pakistani Rupee to US Dollar on September 09, 2022

    KARACHI: Following are the rates of buying and selling of one US dollar (USD) in Pakistani Rupee (PKR) in the open market on September 09, 2022:

    Buying: Rs 232.00 to the US Dollar

    Selling: Rs 233.00 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 09:00 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.

    Pakistani Rupee to US Dollar on September 08, 2022

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    Pakistani Rupee to Saudi Riyal on September 09, 2022

    KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on September 09, 2022:

    Buying: Rs 61.20 to the Saudi Riyal

    Selling: Rs 61.70 to the Saudi Riyal

    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 for foreign currency from a customer.

    The rate has been updated at 09:00 AM Pakistan Standard Time (PST).

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

    Pakistani Rupee to Saudi Riyal on September 08, 2022

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    Pakistani Rupee to Euro on September 09, 2022

    KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on September 09, 2022:

    Buying: Rs 231.00 to the Euro

    Selling: Rs 234.50 to the Euro

    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 for foreign currency from a customer.

    The rate has been updated at 09:00 AM Pakistan Standard Time (PST).

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

    Pakistani Rupee to Euro on September 08, 2022

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    Pakistani Rupee to UK Pound Sterling on September 09, 2022

    KARACHI: Following are the rates of buying and selling of one UK Pound Sterling (GBP) in Pakistani Rupee (PKR) in the open market on September 09, 2022:

    Buying: Rs 267.00 to the UK Pound Sterling

    Selling: Rs 271.50 to the UK Pound Sterling

    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 09:00 AM Pakistan Standard Time (PST).

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

    Pakistani Rupee to UK Pound Sterling on September 08, 2022

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    Pakistani Rupee to UAE Dirham on September 09, 2022

    KARACHI: Following are the rates of buying and selling of one UAE Dirham (AED) in Pakistani Rupee (PKR) in the open market on September 09, 2022:

    Buying: Rs 62.70 to the UAE Dirham

    Selling: Rs 63.30 to the UAE Dirham

    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 09:00 AM Pakistan Standard Time (PST).

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

    Pakistani Rupee to UAE Dirham on September 08, 2022

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    Pakistani Rupee to Canadian Dollar on September 09, 2022

    KARACHI: Following are the rates of buying and selling of one Canadian Dollar (CAD) in Pakistani Rupee (PKR) in the open market on September 09, 2022:

    Buying: Rs 175.00 to the Canadian Dollar

    Selling: Rs 178.00 to the Canadian 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 for foreign currency from a customer.

    The rate has been updated at 09:00 AM Pakistan Standard Time (PST).

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

    Pakistani Rupee to Canadian Dollar on September 08, 2022

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    Disclaimer: Team PKRevenue.com provides the available rates of the open market, which are subject to change every hour. The given rates are opening for the day. 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.

  • Pakistani Rupee weakens; Dollar jumps to PKR 225.42 at interbank

    Pakistani Rupee weakens; Dollar jumps to PKR 225.42 at interbank

    KARACHI: Pakistani Rupee (PKR) continued to weaken against the dollar and lost Rs2 on Thursday to end the exchange rate at Rs225.42 in interbank foreign exchange market.

    The exchange rate recorded a depreciation of Rs2 to Rs225.42 in rupee value against the dollar from previous day’s closing of Rs223.42 in the interbank foreign exchange market.

    READ MORE: Dollar strengthens to PKR 223.42 at interbank closing

    Currency experts said that the rupee was under immense pressure due to high dollar demand for import payment.

    They said that the floods played havoc to Pakistan economy. The country suffered about $10 billion losses due to the floods.

    The experts said that the high imports are l likely due to the devastation of standing crops and other human losses.

    It is pertinent to mention that the rupee fell to the record low at Rs239.94 against the dollar on July 28, 2022.

    READ MORE: Dollar continues upward journey; ends at PKR 221.42 in interbank

    The rupee made some recovery against the greenback after the IMF fund was transferred to the State Bank of Pakistan (SBP). However, the removal of sanction on import of luxury and non-essential items the rupee again started free fall.

    It is worth mentioning that the rupee made recovery during the last week owing to inflows of $1.16 billion from the International Monetary Fund (IMF).

    The IMF executive board on August 29 approved seventh and eighth review for Pakistan and allowed transfer of $1.1 billion as tranche, which was received by the State Bank of Pakistan (SBP) on August 31, 2022.

    The currency experts said that although the IMF inflows would help the further inflows under bilateral and multilateral sources. However, the devastation of floods has changed the economic environment scenario.

    The torrential rains and flash floods have inflicted a loss of $10 billion to Pakistan’s economy.

    The devastation will prompt the country to make imports in the coming days, especially for agriculture products.

    The rupee also fell due to continuous depletion in foreign exchange reserves of the country.

    The foreign exchange (FX) reserves of Pakistan have declined by $119 million to $13.40 billion by the week ended August 26, 2022. The foreign exchange reserves of the country were at $13.522 billion by the week ended August 19, 2022.

    READ MORE: Dollar ends up to PKR 219.86 on September 05, 2022

    The country’s foreign exchange reserves hit an all-time high of $27.228 billion on August 27, 2021. Since then the foreign exchange reserves have declined by $13.825 billion.

    The official foreign exchange reserves of the State Bank witnessed a decline of $113 million to $7.697 billion by the week ended August 26, 2022 as against $7.810 billion a week ago.

    The foreign exchange reserves held by the central bank witnessed a record high at $20.146 billion by the week ended August 27, 2021. Since then the official reserves of the SBP dropped by $12.449 billion.

    READ MORE: Dollar jumps to PKR 218.98 at interbank closing on Sept 02, 2022

    The central bank however said it had received proceeds of $1.16 billion (equivalent of SDR 894 million) from IMF under the Extended Fund Facility (EFF) on August 31, 2022 which would be included in SBP’s foreign exchange reserve position for the week ending on September 02, 2022.

  • Pakistani Rupee to US Dollar on September 08, 2022

    Pakistani Rupee to US Dollar on September 08, 2022

    KARACHI: Following are the rates of buying and selling of one US dollar (USD) in Pakistani Rupee (PKR) in the open market on September 08, 2022:

    Buying: Rs 231.00 to the US Dollar

    Selling: Rs 233.00 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 07:00 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.

    Pakistani Rupee to US Dollar on September 07, 2022

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    Pakistani Rupee to Saudi Riyal on September 08, 2022

    KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on September 08, 2022:

    Buying: Rs 61.50 to the Saudi Riyal

    Selling: Rs 63.00 to the Saudi Riyal

    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 for foreign currency from a customer.

    The rate has been updated at 07:00 AM Pakistan Standard Time (PST).

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

    Pakistani Rupee to Saudi Riyal on September 07, 2022

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    Pakistani Rupee to Euro on September 08, 2022

    KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on September 08, 2022:

    Buying: Rs 229.80 to the Euro

    Selling: Rs 234.80 to the Euro

    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 for foreign currency from a customer.

    The rate has been updated at 07:00 AM Pakistan Standard Time (PST).

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

    Pakistani Rupee to Euro on September 07, 2022

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    Pakistani Rupee to UK Pound Sterling on September 08, 2022

    KARACHI: Following are the rates of buying and selling of one UK Pound Sterling (GBP) in Pakistani Rupee (PKR) in the open market on September 08, 2022:

    Buying: Rs 265.50 to the UK Pound Sterling

    Selling: Rs 272.00 to the UK Pound Sterling

    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 07:00 AM Pakistan Standard Time (PST).

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

    Pakistani Rupee to UK Pound Sterling on September 07, 2022

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    Pakistani Rupee to UAE Dirham on September 08, 2022

    KARACHI: Following are the rates of buying and selling of one UAE Dirham (AED) in Pakistani Rupee (PKR) in the open market on September 08, 2022:

    Buying: Rs 63.50 to the UAE Dirham

    Selling: Rs 65.50 to the UAE Dirham

    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 07:00 AM Pakistan Standard Time (PST).

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

    Pakistani Rupee to UAE Dirham on September 07, 2022

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    Pakistani Rupee to Canadian Dollar on September 08, 2022

    KARACHI: Following are the rates of buying and selling of one Canadian Dollar (CAD) in Pakistani Rupee (PKR) in the open market on September 08, 2022:

    Buying: Rs 175.00 to the Canadian Dollar

    Selling: Rs 179.50 to the Canadian 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 for foreign currency from a customer.

    The rate has been updated at 07:00 AM Pakistan Standard Time (PST).

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

    Pakistani Rupee to Canadian Dollar on September 07, 2022

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    Disclaimer: Team PKRevenue.com provides the available rates of the open market, which are subject to change every hour. The given rates are opening for the day. 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.