Karachi: The US Dollar (USD) is trading at Rs. 282.50 for buying and Rs. 282.80 for selling in Pakistan’s open market today.
The dollar continues to hold the most significant position for Pakistan’s economy, as most international trade, including imports of fuel, machinery, and raw materials, is settled in dollars.
The exchange rate directly affects inflation, import costs, and the burden of external debt repayments.
A stable dollar rate is vital for Pakistan’s economic balance and for controlling prices of essential commodities in the local market.
