USD to PKR: Dollar losses 62 paisas against Pakistani rupee

Komal FatimaWeb Editor

16th Oct, 2020. 11:56 am
Dollar Price in Pakistan

USD to PKR: The dollar lost 62 paisas in the interbank market against Pakistani rupees on Friday (today).

As per the new rates by the State Bank of Pakistan, the dollar fell from 163.48 to 162.86 in the interbank market.

Dollar prices fell by 30 paisas in the interbank market.

According to the exchange companies association, the dollar fell 30 paisas to 163.40 from 163.70.

How the exchange rate does affect the economy?

The monetary development of a nation and its currency exchange rates are closely related to each other. More noteworthy the currency exchange pace of a nation more noteworthy the monetary development of that nation. Worldwide financial specialists would purchase its merchandise and enterprises if the economy of the nation is strong. It ultimately contributes to the greater amount of its currency.

Today Dollar Price in Pakistan (USD to PKR). BOL News is a one-stop solution for the exchange rate in Pakistan, including open market currency exchange rate, interbank Currency exchange rate, and international forex rate.

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