The USD to PKR exchange rate remains a key economic indicator for Pakistan. On September 16, 2024, the rate is expected to be influenced by various factors, including global economic conditions, political developments, and central bank interventions.
Chart of USD To PKR Rate Today 16 September 2024
| Market | Buying Rate (PKR) | Selling Rate (PKR) |
|---|---|---|
| Interbank | 275.25 (Estimated) | 275.25 (Estimated) |
| Open Market | 275.50 (Estimated) | 275.00 (Estimated) |
Disclaimer:
- The rates provided above are estimates and may vary depending on the specific bank or exchange service you use.
- It’s always recommended to confirm the current rate with your chosen financial institution before conducting any transactions.
Thoughts on Dollar Rates
The volatility of the USD/PKR exchange rate can significantly impact various sectors of the Pakistani economy. A stronger dollar can lead to increased import costs, potentially contributing to inflation. Conversely, it can benefit exporters by making their products more competitive in the global market. The State Bank of Pakistan closely monitors these fluctuations and may intervene when necessary to maintain stability.
Other Top 10 Countries Rate (September 16, 2024)
| Country | Currency | 1 USD = |
|---|---|---|
| European Union | Euro (EUR) | 0.92 (Estimated) |
| United Kingdom | Pound Sterling (GBP) | 0.78 (Estimated) |
| Japan | Japanese Yen (JPY) | 147.50 (Estimated) |
| China | Chinese Yuan (CNY) | 7.32 (Estimated) |
| India | Indian Rupee (INR) | 83.30 (Estimated) |
| Canada | Canadian Dollar (CAD) | 1.36 (Estimated) |
| Australia | Australian Dollar (AUD) | 1.57 (Estimated) |
| Switzerland | Swiss Franc (CHF) | 0.89 (Estimated) |
| South Korea | South Korean Won (KRW) | 1335.00 (Estimated) |
| Brazil | Brazilian Real (BRL) | 5.05 (Estimated) |
Conclusion
The USD to PKR exchange rate is a dynamic and influential factor in the Pakistani economy. Staying informed about its fluctuations is crucial for businesses, investors, and individuals. While predicting the exact rate for September 16th is challenging, understanding the influencing factors and keeping an eye on market trends can help you make informed decisions.
Remember: It’s always advisable to consult with financial experts or utilize reliable financial tools for the most up-to-date and accurate information.
Please note that these are estimations based on the provided data and current trends. The actual rates may differ.
