What is the Price of Dollar Today?
This rate is subject to fluctuations due to various economic, political, and market-driven factors. Understanding these dynamics is crucial for individuals and businesses engaged in international transactions, investments, or those monitoring economic indicators. Historical Context of USD to PKR Exchange Rate The USD to PKR exchange rate has experienced notable fluctuations over the past year. In November 2024, the exchange rate was approximately 277.32 PKR for 1 USD. By February 2025, the rate had risen to around 279.59 PKR per USD. This upward trend indicates a depreciation of the Pakistani Rupee against the US Dollar , influenced by various economic and geopolitical factors Factors Influencing the USD to PKR Exchange Rate Several key factors contribute to the fluctuations in the USD to PKR exchange rate: 1. Economic Indicators Inflation Rates : Higher inflation in Pakistan relative to the US can lead to a depreciation of the PKR. Interest Rates : Differences in interest rates set by...