Karachi: The US Dollar (USD) continues to hold strong against the Pakistani Rupee (PKR) as of today’s latest currency rates. The buying rate is reported at Rs. 288, while the selling rate is at Rs. 288.5 in the open market. This slight upward movement of the dollar reflects continued pressure on the local currency, particularly due to Pakistan’s heavy reliance on imports priced in USD.
The US Dollar remains the most influential foreign currency in Pakistan due to its central role in international trade, remittances, and foreign reserves. Any fluctuations in the USD/PKR rate directly impact fuel prices, electronics, and overall inflation.
