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USD to PKR: Pakistani rupee continues upward momentum, gains Rs0.59 against dollar in inter-bank

12:18 PM | 27 Feb, 2023
USD to PKR: Pakistani rupee continues upward momentum, gains Rs0.59 against dollar in inter-bank
Source: File Photo

KARACHI – Pakistani rupee, which has been recovering after a major fall to a record low, continued its upward momentum on the first working day of the week against the dollar, appreciating nearly 0.23 percent in the inter-bank market.

During intra-day trading, the local currency hovered at 259.40 against the greenback, appreciating Rs0.59 in the inter-bank market.

The local currency of crisis hit Pakistan remained in a commanding position following an inflow of $700 million from China.

Rupee continued its upward trajectory spree since it hit its all-time low of over 276 earlier this month. Besides improvement in dwindling currency, the country’s foreign exchange reserves also increased after remaining critically low.

The development comes as cash-strapped Pakistan is getting close to secure bailout from the International Monetary Fund after taking stringent measures including tax increases to boost their beleaguered economy.

Daily Pakistan Global Web Desk

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US Dollar, Euro, Dirham, Pound, Riyal Rate in Pakistan Today - Currency Rates 20 July 2024

Pakistani rupee rates against US Dollar and other currencies on July 20, 2024 (Saturday) in open market.

USD to PKR Rate Today

US dollar was being quoted at 279.15 for buying and 280.85 for selling. Euro's buying rate remains stable at 301.35 and selling rate is 303.25.

British Pound rate is 354.85 for buying, and 358.35 for selling. UAE Dirham AED was at 76.5 and Saudi Riyal lowered to 73.70.

Currency Rates Today

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.15 280.85
Euro EUR 301.35 303.25
UK Pound Sterling GBP 354.85 358.35
U.A.E Dirham AED 76.5 77.25
Saudi Riyal SAR 73.7 74.42
Australian Dollar AUD 184.75 186.55
Bahrain Dinar BHD 741.15 749.15
Canadian Dollar CAD 203.5 205.5
China Yuan CNY 38.35 38.75
Danish Krone DKK 40.05 40.45
Hong Kong Dollar HKD 35.7 36.05
Indian Rupee INR 36.05 36.05
Japanese Yen JPY 1.91 1.99
Kuwaiti Dinar KWD 908.25 917.35
Malaysian Ringgit MYR 58.95 59.75
New Zealand Dollar NZD 169.24 171.24
Norwegians Krone NOK 26.04 26.34
Omani Riyal OMR 722.87 730.89
Qatari Riyal QAR 76.39 77.09
Singapore Dollar SGD 202 204
Swedish Korona SEK 26.4 26.7
Swiss Franc CHF 309.05 311.55
Thai Bhat THB 7.5 7.65

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