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Gold Rate Today Lahore 22-May-2023: Gold Rates in Pakistan All Cities

Gold Rate Today Lahore 22-May-2023
Gold Rate Today Lahore 22-May-2023

Gold Rate Today Lahore 22-May-2023

Gold Rate Today Lahore 22-May-2023 – In today’s dynamic economic landscape, keeping track of currency exchange rates is essential for individuals and businesses alike. The exchange rate between the US Dollar (USD) and the Pakistani Rupee (PKR) holds particular significance for those involved in international trade or remittances. As of today, the Dollar rate in Pakistan stands at Rs. 285.82 per USD. This rate represents the interbank exchange rate at the beginning of the business day.

Interbank rates are set by financial institutions and play a crucial role in determining the overall currency value within a country. However, it is important to note that the rates provided by banks and forex exchange companies in the open market may slightly differ from the interbank rates. In the case of USD to PKR conversion, the open market rates are typically higher.

It is noteworthy that while incoming remittances are credited to customers’ accounts based on the interbank rate, outbound transactions are charged according to the open market rates. Banks generally charge customers using the open market rates when they purchase foreign currency, whereas they sell foreign currency to customers at interbank rates.

Dollar Rate in Pakistan (Dollar to PKR) Today

Gold Rate Today Lahore 22-May-2023

On Friday, 19 May 2023, the US Dollar rate against the Pakistani Rupee (PKR) at the closing of the interbank market was recorded as Rs. 285.82. The closing rate for USD to PKR on 22 May 2023 will be updated and available at the end of the business day. This update allows individuals and businesses to stay informed about any changes in the currency exchange rate.

To provide a comprehensive overview, the following table presents the US Dollar to PKR (Pakistani Rupee) exchange rate for today, 22 May 2023. Additionally, it highlights the appreciation or depreciation compared to the previous day. Please note that the table is updated at the close of the business day.

DateUSD to PKR Exchange RateChange (Compared to Previous Day)
22 May 23285.82

Gold Rate Today Lahore 22-May-2023

Gold Purity

10 Grams

Per Tola

18K Gold

Rs. 151768

Rs. 17780

21K Gold

Rs. 176530

Rs. 205970

22K Gold

Rs. 184900

Rs. 215800

24K Gold

Rs. 201950

Rs. 235500

Disclaimer: The State Bank of Pakistan (SBP) provides us with the official daily currency exchange rates for Dollar to PKR, SAR to PKR, GBP to PKR, and AED to PKR. We strive to ensure accurate and up-to-date information to assist you in making informed financial decisions.

In conclusion, staying informed about the USD to PKR exchange rate is crucial for individuals and businesses engaging in international transactions. Today, on 22 May 2023, the interbank rate stands at Rs. 285.82 per USD. While open market rates may differ slightly, banks follow a standardized approach for customer transactions. Monitoring exchange rates allows you to make informed decisions and effectively manage your financial endeavors.

Gold Rate Today Lahore 22-May-2023

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Gold Rate Today Lahore 22-May-2023

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