Karachi, October 16, 2025 – The US Dollar (USD) maintained a firm position against the Pakistani Rupee (PKR) in today’s open market trading. As of 9:05 AM Pakistan Standard Time (PST), the buying rate of one Dollar stood at Rs 281.63, while the selling rate was recorded at Rs 282.15.
These figures represent the early morning update and may change throughout the day based on the movement of global markets, trade flows, and foreign currency demand. The Dollar remains the most widely traded foreign currency in Pakistan, serving as a benchmark for international trade, investment, and remittance transactions.
The buying rate indicates the amount that banks or exchange companies pay customers when purchasing foreign currency, while the selling rate shows the price they charge when selling it. The difference between these two rates reflects operational costs, service margins, and market volatility.
The Dollar-to-Rupee parity is primarily determined by open market forces and Pakistan’s balance of payments. Factors such as changes in global oil prices, imports, exports, and foreign debt repayments can impact the Rupee’s strength against the Dollar. Additionally, the inflow of remittances and foreign investment plays a key role in stabilizing the currency exchange rate.
Currency rates may vary slightly depending on the city, exchange company, or bank. Therefore, individuals and businesses dealing in foreign currency are advised to check the latest Dollar rates before making any financial transactions or remittances.