Pakistani rupee has weakened against US Dollar by 7 paisas in the interbank on Wednesday.
According to details, Dollar rates in Pakistan (buying rate) increased from 160.09 to 160.7 in the interbank market today.
The new rates of US dollar to Pakistani rupee is given below:
|Buying rate||Selling rate|
|USD TO PKR||160.7||161.6
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.