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Pakistani rupee strengthens against US Dollar today


Komal FatimaWeb Editor

21st Nov, 2020. 09:14 am
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Dollar hits Five-Month Low Vs PKR
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US Dollar has weakened against Pakistani rupees by 3 paisas in the interbank.

According to details, Dollar rates in Pakistan (buying rate) decreased from 160.7 to 160.3 in the interbank market.

The new rates of US dollar to Pakistani rupee is given below:

 Buying rateSelling rate
USD TO PKR160.3

161

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.

Also read: Gold Rate in Pakistan

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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