Dollar loses 6 paisas against Pakistani rupee today

Komal FatimaWeb Editor

28th Oct, 2020. 09:44 am
USD TO PKR

USD to PKR: The dollar loses 5 paisas in the interbank market against Pakistani rupees on Tuesday (today).

As per the new rates by the State Bank of Pakistan, the dollar decreased from 160.91 to 160.3 (buying rate) in the interbank market.

On the other hand, dollar loses 5 paisas against Pakistani rupee (selling rate). The price decreased from 161.5 to 161.

Here is the new rates:

 Buying rateSelling rate
USD TO PKR160.6


161.3

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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