Islamabad: As of today, March 8, 2024, the dollar rate in Pakistan is PKR 279 on both the interbank and Pakistani currency exchange markets. There are 278.79 rupees to one dollar.
The daily fluctuations in buying and selling forex rates in Pakistan are caused by various factors related to the economy. The US dollar’s bank exchange rate is consistently a little less than that of the open market or currency exchange.
Read More: Pakistani rupee slightly increases versus the US dollar in interbank
Euro is 303.2 for buying and 306.2 for selling. While the British pound rate is 352 for buying and 356 for selling
Read More: USD to PKR: Dollar raises against rupee in inter-bank market
DATE | BUYING | SELLING |
---|---|---|
08 Mar 24 | PKR278.79 | PKR279.29 |
Open Market Rates in Pakistan
Communal Market The dollar rate in Pakistan is typically linked to the free flow of trade; both countries have an equal opportunity to supply and demand their products, and there are no obstacles or limitations on the purchasing and selling of goods between them.
On the other hand, there are neither taxes nor tariffs in an open market. On the other hand, the Federal Reserve, an arm of the government, will set the interest rate on trade. Dollar Rate Today in Pakistan is severely suffering due to the country’s ongoing inflation.