Today Dollar Rate in Pakistan - Live dollar rate updates 2025
Today Dollar rate in Pakistan stands at PKR PKR 281.15, based on the interbank rate provided by the State Bank of Pakistan. In the open market, the USD is trading at PKR 282.3, reflecting rates available in the country’s currency exchange markets. Forex buying and selling rates in Pakistan fluctuate daily due to multiple economic factors. Typically, the interbank exchange rate is slightly lower than the open market or currency exchange rate.
Dollar to PKR - Interbank
| Date | Buying | Selling |
|---|---|---|
| 04 Oct 25 | 281.15 | 281.65 |
Dollar to PKR - Open Market Rate
| Date | Buying | Selling |
|---|---|---|
| 04 Oct 25 | 282.3 | 282.4 |
Current Dollar Rate in Pakistan
Today 04 Oct, 2025 Dollar rate in Pakistan is PKR 281.65 in the interbank market, as reported by the State Bank of Pakistan. In the open market, the dollar is trading at PKR 282.3 Recently, the interbank rate dropped by PKR 0.05 0.018. Over the past 30 days, the USD to PKR exchange rate has increased by PKR 10.906 (3.715%).
US Dollar Rate Live Updates
As per the latest report from the State Bank of Pakistan (SBP), the country’s foreign exchange reserves have declined to $14.23 billion following the repayment of $72 million in external debt.
The SBP further stated that commercial banks’ reserves also dropped by $39.4 million, reaching $5.26 billion.
It is worth mentioning that on August 1, the total foreign exchange reserves stood at $19.49 billion.
Open Market Dollar Rates In Pakistan
today dollar rate in Pakistan in open market generally reflects the principles of free trade, where goods move across borders without barriers, allowing for balanced supply and demand. In such a system, trading is not subject to tariffs or taxes. However, interest rates influencing these trading activities are set by the federal government and the Federal Reserve. In recent times, rising inflation in Pakistan has been putting significant pressure on the dollar exchange rate.
What Impacts the Dollar Rate in Pakistan
Here are several factors influencing the today dollar rate in Pakistan , considering all other relevant elements:
- Inflation: When inflation rises in Pakistan, the demand for the US dollar typically increases, leading to a depreciation of the Pakistani rupee.
- Oil Prices: Since Pakistan imports oil, higher global oil prices raise the country’s dollar demand, putting additional pressure on the rupee.
- Government & Central Bank Policies: The stability of the currency depends on foreign exchange reserves, interest rate adjustments, and monetary policies implemented by the government and the State Bank of Pakistan.
- Remittances: The inflow of dollars from overseas Pakistanis sending money home helps ease pressure on the exchange rate, providing crucial support in some years.
- Economic Conditions: Investor confidence is influenced by factors such as Pakistan’s balance of payments, debt levels, and political stability. Currently, Pakistan’s external debt has exceeded $131 billion, further impacting economic stability.
Why the Dollar Exchange Rate Varies Between Local and Global Markets
The disparity between the dollar exchange rate in Pakistan and the international market stems from local economic factors such as supply and demand dynamics, inflation, and government monetary policies. In Pakistan, the dollar’s value is influenced by both the interbank rate and the open market rate, with the latter typically being higher due to stronger public demand and currency shortages.
Currency dealers purchase dollars at lower rates and sell them at a premium, creating a slight gap between buying and selling prices. Unlike global benchmarks, Pakistan’s exchange rate is heavily shaped by domestic conditions including import needs, remittance inflows, and investor sentiment, which play a decisive role in determining the rupee’s value.
Historical Trends of the Dollar Exchange Rate
The Pakistani rupee (PKR) has traded within a narrow range of Rs 283 to 286 per USD in mid-2025. By July 2025, the 30-day average further tightened to between ₨ 283 and 285.
Over the past year, the exchange rate has experienced fluctuations, with lows of 280–282 PKR per USD and highs of 285–286. Despite intervention efforts by the central bank, the rupee remains under persistent pressure, contributing to ongoing volatility in the PKR-USD exchange rate today.
How much is 1 USD to PKR Open Market?
The current open market exchange rate stands at 281.45 PKR for 1 USD.
What is the dollar buying and selling rate?
Today’s live dollar buying rate is PKR 281.15, while the selling rate stands at PKR 281.65 These rates may vary slightly depending on the currency exchange dealer or financial institution involved.
What is the dollar rate in Pakistan today open market?
The dollar rate in Pakistan today open market is 282.3, it may vary and is different from the Interbank rate.
What is the rate of $1 in Pakistan?
The rate of $1 in Pakistan is 281.65 in the Interbank exchange rate as an official rate by the State Bank of Pakistan.
What is the Dollar rate today?
The Dollar rate today is RS. 281.65, it is a live conversion rate in Pakistan.
“Disclaimer: The exchange rates displayed are sourced from various market providers. These rates are for informational purposes only and should not be considered financial advice. For accurate, up-to-date rates, please consult your local banks or authorized currency dealers.”