The interbank rate for USD to PKR on 3 October 2023 is Rs. 286.76. This is the rate at which banks buy and sell foreign currency among themselves. However, the open market rates provided by banks or forex exchange companies are slightly higher than the interbank rate.
It is important to note that all incoming remittances are credited to customers’ accounts based on the interbank rate, while outward transactions are charged as per open market rates. In other words, banks charge customers on open market rates when buying foreign currency and sell the same at interbank rates.
USD to PKR Exchange Rate in Pakistan Today
|DATE||EXCHANGE RATE (PKR)||CHANGE (PKR)|
|3 October 2023||Rs. 286.76||–|
|2 October 2023||Rs. 286.76|
The US Dollar rate was Rs. 286.76 against Pakistani Rupee (PKR) at the closing of the interbank market on Monday (2 October 2023). The new closing rate for USD to PKR for 3 October 2023 will be updated at the end of the business day.
The USD to PKR exchange rate fluctuates on a daily basis, so it is important to check the latest rate before making any currency transactions. You can find currency exchange rates online, at banks, and at currency exchange bureaus.