On Wednesday, the US Dollar to Pakistani Rupee (USD to PKR) exchange rate experienced a significant decline, settling at Rs283.61 at the time of closing.
The interbank rate of the American currency saw a notable drop of 17 paisas as it depreciated 0.06%.
Interbank closing #ExchangeRate for today https://t.co/NWrbjVkR3B#SBPExchangeRate pic.twitter.com/NyVjQLfMyD
— SBP (@StateBank_Pak) December 13, 2023
In the open market, the Dollar was being sold for Rs284.50 for selling and Rs281.50 for buying purposes.
According to the State Bank of Pakistan (SBP), Tuesday witnessed a decrease of 12 paisas in the interbank value of the US Dollar, closing at Rs283.78.
On the open market front, the US Dollar maintained stability at Rs284.50.
These fluctuations in the USD to PKR exchange rate reflect the dynamic nature of the currency market in Pakistan, with various factors influencing the value of the US Dollar against the Pakistani Rupee.
