KARACHI – On Tuesday, August 12, 2025, the exchange rate of the US dollar (USD) against the Pakistani Rupee (PKR) in the open market was recorded at Rs 283.66 for buying and Rs 284.90 for selling.
These rates, updated at 9:00 AM Pakistan Standard Time (PST), may fluctuate during the day depending on currency demand, supply, and broader market conditions.
The buying rate refers to the price at which an exchange company or bank purchases foreign currency from customers, while the selling rate is the price at which they offer it to buyers. This difference—known as the spread—accounts for operational costs, market volatility, and foreign exchange risks.
The US dollar holds a dominant position in Pakistan’s foreign exchange market as it is the most traded global currency. Demand for the dollar often increases due to import payments, international travel, and investment flows. Additionally, changes in US Federal Reserve policy, global oil prices, and geopolitical developments can all impact the dollar’s value against the PKR.
The USD/PKR parity is determined by open market conditions, remittance inflows, and international forex movements. Since rates may vary across cities and exchange companies, it is recommended that traders, travelers, and investors check updated dollar prices before completing any currency transactions to secure the best available rate.