Stay updated with the latest Dollar Rate Today in Pakistan. On 5 June 2023, the USD to PKR exchange rate is Rs. 285.68. Get real-time updates on the interbank rate and open market rates. Stay informed for international transactions.
USD to PKR: Dollar Rate Today – 5 June 2023
The exchange rate between the US Dollar (USD) and the Pakistani Rupee (PKR) is a topic of great significance for individuals and businesses involved in international transactions. As of 5 June 2023, the Dollar Rate in Pakistan stands at Rs. 285.68. This rate reflects the interbank rate at the beginning of the business day.
Understanding the Dollar Rate in Pakistan
It is important to note that while the interbank market and open market rates provided by banks or forex exchange companies may differ slightly, all incoming remittances are credited to customers’ accounts based on the interbank rate. Conversely, outward transactions are charged according to the prevailing open market rates. In essence, when customers purchase foreign currency, banks charge them based on open market rates, whereas they sell the same currency at interbank rates.
Current Dollar Rate in Pakistan
At the close of the interbank market on Friday, 2 June 2023, the US Dollar was valued at Rs. 285.68 against the Pakistani Rupee. The closing rate for USD to PKR on 5 June 2023 will be updated at the end of the business day.
USD to PKR Exchange Rate Comparison
Here is a table that provides the exchange rate for USD to PKR in Pakistan on 5 June 2023, along with the appreciation or depreciation compared to the previous day:
|EXCHANGE RATE (PKR)
|5 June 2023
|2 June 2023
Dollar to PKR Exchange Rate in Pakistan – 5 June 2023
Disclaimer: The exchange rates for Dollar to PKR, SAR to PKR, GBP to PKR, and AED to PKR are provided daily by the State Bank of Pakistan (SBP), the official banking regulator. We present these rates as a service to our readers.
In conclusion, staying informed about the Dollar Rate in Pakistan is crucial for anyone involved in foreign currency transactions. As of 5 June 2023, the interbank rate for USD to PKR stands at Rs. 285.68. It is important to remember that while banks may charge customers based on open market rates when purchasing foreign currency, incoming remittances are credited at the interbank rate.
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