{"id":7729,"date":"2021-03-29T11:47:04","date_gmt":"2021-03-29T11:47:04","guid":{"rendered":"https:\/\/dailyrapidnews.com\/eng\/?p=7729"},"modified":"2021-03-29T11:47:04","modified_gmt":"2021-03-29T11:47:04","slug":"dollar-slides-to-its-lowest-level-in-almost-two-years","status":"publish","type":"post","link":"https:\/\/dailyrapidnews.com\/eng\/2021\/03\/29\/dollar-slides-to-its-lowest-level-in-almost-two-years\/","title":{"rendered":"Dollar slides to its lowest level in almost two years"},"content":{"rendered":"<div align=\"center\">\n<div class=\"cw\" align=\"left\">\n<p>The dollar was selling at Rs154.10 at the inter-bank, which is nearly a two-year low. The last time dollar was selling below this level was on June 14, 2019.<\/p>\n<p>\u201cThe market sentiments are that that the dollar will further shred its value more,\u201d said Zafar Paracha, Secretary Exchange Companies Association of Pakistan (ECAP).<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-7731\" src=\"https:\/\/dailyrapidnews.com\/eng\/wp-content\/uploads\/2021\/03\/Dollar-slides-to-its-lowest-level-in-almost-two-years-rapidnews.jpg\" alt=\"Dollar-slides-to-its-lowest-level-in-almost-two-years-rapidnews\" width=\"1200\" height=\"675\" srcset=\"https:\/\/dailyrapidnews.com\/eng\/wp-content\/uploads\/2021\/03\/Dollar-slides-to-its-lowest-level-in-almost-two-years-rapidnews.jpg 1200w, https:\/\/dailyrapidnews.com\/eng\/wp-content\/uploads\/2021\/03\/Dollar-slides-to-its-lowest-level-in-almost-two-years-rapidnews-300x169.jpg 300w, https:\/\/dailyrapidnews.com\/eng\/wp-content\/uploads\/2021\/03\/Dollar-slides-to-its-lowest-level-in-almost-two-years-rapidnews-1024x576.jpg 1024w, https:\/\/dailyrapidnews.com\/eng\/wp-content\/uploads\/2021\/03\/Dollar-slides-to-its-lowest-level-in-almost-two-years-rapidnews-768x432.jpg 768w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p>The dollar rate fell by Rs4 or 2.4% during March from Rs158.10.<\/p>\n<p>\u201cWhen the market behaves this way, the selling begins which further puts the dollar under pressure. The same thing happens when the market expects the dollar to rise, people start buying, and subsequently dollar rate increases.\u201d<\/p>\n<p>He added that these market sentiments are due to improved inward remittances and lower outward remittances.<\/p>\n<p>\u201cDollar may further lose its value and it can go down to as low as Rs152,\u201d he said.<\/p>\n<p>Paracha said the Naya Pakistan Certificate offers a lucrative 7% interest rate, which was increasing the flow of dollars into the country.<\/p>\n<p>Head of Research at BMA Capital Faizan Ahmed also said that he sees the dollar fluctuating between Rs152 and Rs155.<\/p>\n<p>\u201cThe market was expecting that current account deficit would be high in February, something around $500 million but it actually came out at only $50 million. It also played a role in the falling rates of dollar recently,\u201d Ahmed said.<\/p>\n<p>During the first eight months of the fiscal year 2021, the current account showed a surplus of $881 million as compared to a deficit of $2.74 billion in the same period last year.<\/p>\n<p>Ahmed added that inward remittances have also fared better, contrary to market expectations.<\/p>\n<p>The remittances stood at $18.7 billion in the first eight months of FY2021 (July to February), which was 24% higher than the remittances during the same period last year.<\/p>\n<p>Meanwhile, Ahmed said that Pakistan is going to issue Euro bonds to the tune of $3 billion in the international market, which along with inflows from the World Bank and IMF, will further shore up dollar reserves.<\/p>\n<p>The State Bank of Pakistan announced that remittances sent through Roshan Digital Accounts had crossed $650 million in eight months.<\/p>\n<p>\u201cI believe Roshan Digital Accounts has immense potential. The response so far is low because people are learning\u2014both the overseas depositors and bank staff involved. The State Bank needs to conduct more awareness programmes to tap its actual potential,\u201d said Paracha. \u201cAccording to my assessment, remittances and investment through Roshan Digital Accounts can increase to $1 billion every month within a couple of years.<\/p>\n<p>Meanwhile, Ahmed said that Pakistan may issue Euro bonds soon in the international market, which may also improve foreign exchange reserves and subsequently strengthen the rupee.<\/p>\n<\/div>\n<\/div>\n<div class=\"col-md-12 desk\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The dollar was selling at Rs154.10 at the inter-bank, which is nearly a two-year low.<\/p>\n","protected":false},"author":1,"featured_media":7730,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[2],"tags":[],"class_list":["post-7729","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.4.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Dollar drops to its lowest level in almost two years | Rapid News<\/title>\n<meta name=\"description\" content=\"The dollar was selling at Rs154.10 at the inter-bank, which is nearly a two-year low. The last time dollar was selling below this level was\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dailyrapidnews.com\/eng\/2021\/03\/29\/dollar-slides-to-its-lowest-level-in-almost-two-years\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dollar drops to its lowest level in almost two years | Rapid News\" \/>\n<meta property=\"og:description\" content=\"The dollar was selling at Rs154.10 at the inter-bank, which is nearly a two-year low. The last time dollar was selling below this level was\" \/>\n<meta property=\"og:url\" content=\"https:\/\/dailyrapidnews.com\/eng\/2021\/03\/29\/dollar-slides-to-its-lowest-level-in-almost-two-years\/\" \/>\n<meta property=\"og:site_name\" content=\"Rapid News\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-29T11:47:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/dailyrapidnews.com\/eng\/wp-content\/uploads\/2021\/03\/Dollar-slides-to-its-lowest-level-in-almost-two-years-rapidnews-dailyrapid.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"533\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/dailyrapidnews.com\/eng\/#website\",\"url\":\"https:\/\/dailyrapidnews.com\/eng\/\",\"name\":\"Rapid News\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/dailyrapidnews.com\/eng\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/dailyrapidnews.com\/eng\/2021\/03\/29\/dollar-slides-to-its-lowest-level-in-almost-two-years\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/dailyrapidnews.com\/eng\/wp-content\/uploads\/2021\/03\/Dollar-slides-to-its-lowest-level-in-almost-two-years-rapidnews-dailyrapid.jpg\",\"contentUrl\":\"https:\/\/dailyrapidnews.com\/eng\/wp-content\/uploads\/2021\/03\/Dollar-slides-to-its-lowest-level-in-almost-two-years-rapidnews-dailyrapid.jpg\",\"width\":800,\"height\":533,\"caption\":\"Dollar-slides-to-its-lowest-level-in-almost-two-years-rapidnews-dailyrapid\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/dailyrapidnews.com\/eng\/2021\/03\/29\/dollar-slides-to-its-lowest-level-in-almost-two-years\/#webpage\",\"url\":\"https:\/\/dailyrapidnews.com\/eng\/2021\/03\/29\/dollar-slides-to-its-lowest-level-in-almost-two-years\/\",\"name\":\"Dollar drops to its lowest level in almost two years | Rapid News\",\"isPartOf\":{\"@id\":\"https:\/\/dailyrapidnews.com\/eng\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/dailyrapidnews.com\/eng\/2021\/03\/29\/dollar-slides-to-its-lowest-level-in-almost-two-years\/#primaryimage\"},\"datePublished\":\"2021-03-29T11:47:04+00:00\",\"dateModified\":\"2021-03-29T11:47:04+00:00\",\"author\":{\"@id\":\"https:\/\/dailyrapidnews.com\/eng\/#\/schema\/person\/950b57c7996a13e09938c5e45be30a5c\"},\"description\":\"The dollar was selling at Rs154.10 at the inter-bank, which is nearly a two-year low. The last time dollar was selling below this level was\",\"breadcrumb\":{\"@id\":\"https:\/\/dailyrapidnews.com\/eng\/2021\/03\/29\/dollar-slides-to-its-lowest-level-in-almost-two-years\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/dailyrapidnews.com\/eng\/2021\/03\/29\/dollar-slides-to-its-lowest-level-in-almost-two-years\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/dailyrapidnews.com\/eng\/2021\/03\/29\/dollar-slides-to-its-lowest-level-in-almost-two-years\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/dailyrapidnews.com\/eng\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Dollar slides to its lowest level in almost two years\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/dailyrapidnews.com\/eng\/#\/schema\/person\/950b57c7996a13e09938c5e45be30a5c\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/dailyrapidnews.com\/eng\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/b833642ff3b2364918fd2b384cafa111bc9b39a668c6435fe2488d01d4ce563e?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/b833642ff3b2364918fd2b384cafa111bc9b39a668c6435fe2488d01d4ce563e?s=96&d=mm&r=g\",\"caption\":\"admin\"},\"sameAs\":[\"https:\/\/dailyrapidnews.com\/eng\"],\"url\":\"https:\/\/dailyrapidnews.com\/eng\/author\/admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Dollar drops to its lowest level in almost two years | Rapid News","description":"The dollar was selling at Rs154.10 at the inter-bank, which is nearly a two-year low. The last time dollar was selling below this level was","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/dailyrapidnews.com\/eng\/2021\/03\/29\/dollar-slides-to-its-lowest-level-in-almost-two-years\/","og_locale":"en_US","og_type":"article","og_title":"Dollar drops to its lowest level in almost two years | Rapid News","og_description":"The dollar was selling at Rs154.10 at the inter-bank, which is nearly a two-year low. The last time dollar was selling below this level was","og_url":"https:\/\/dailyrapidnews.com\/eng\/2021\/03\/29\/dollar-slides-to-its-lowest-level-in-almost-two-years\/","og_site_name":"Rapid News","article_published_time":"2021-03-29T11:47:04+00:00","og_image":[{"width":800,"height":533,"url":"https:\/\/dailyrapidnews.com\/eng\/wp-content\/uploads\/2021\/03\/Dollar-slides-to-its-lowest-level-in-almost-two-years-rapidnews-dailyrapid.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebSite","@id":"https:\/\/dailyrapidnews.com\/eng\/#website","url":"https:\/\/dailyrapidnews.com\/eng\/","name":"Rapid News","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/dailyrapidnews.com\/eng\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"ImageObject","@id":"https:\/\/dailyrapidnews.com\/eng\/2021\/03\/29\/dollar-slides-to-its-lowest-level-in-almost-two-years\/#primaryimage","inLanguage":"en-US","url":"https:\/\/dailyrapidnews.com\/eng\/wp-content\/uploads\/2021\/03\/Dollar-slides-to-its-lowest-level-in-almost-two-years-rapidnews-dailyrapid.jpg","contentUrl":"https:\/\/dailyrapidnews.com\/eng\/wp-content\/uploads\/2021\/03\/Dollar-slides-to-its-lowest-level-in-almost-two-years-rapidnews-dailyrapid.jpg","width":800,"height":533,"caption":"Dollar-slides-to-its-lowest-level-in-almost-two-years-rapidnews-dailyrapid"},{"@type":"WebPage","@id":"https:\/\/dailyrapidnews.com\/eng\/2021\/03\/29\/dollar-slides-to-its-lowest-level-in-almost-two-years\/#webpage","url":"https:\/\/dailyrapidnews.com\/eng\/2021\/03\/29\/dollar-slides-to-its-lowest-level-in-almost-two-years\/","name":"Dollar drops to its lowest level in almost two years | Rapid News","isPartOf":{"@id":"https:\/\/dailyrapidnews.com\/eng\/#website"},"primaryImageOfPage":{"@id":"https:\/\/dailyrapidnews.com\/eng\/2021\/03\/29\/dollar-slides-to-its-lowest-level-in-almost-two-years\/#primaryimage"},"datePublished":"2021-03-29T11:47:04+00:00","dateModified":"2021-03-29T11:47:04+00:00","author":{"@id":"https:\/\/dailyrapidnews.com\/eng\/#\/schema\/person\/950b57c7996a13e09938c5e45be30a5c"},"description":"The dollar was selling at Rs154.10 at the inter-bank, which is nearly a two-year low. The last time dollar was selling below this level was","breadcrumb":{"@id":"https:\/\/dailyrapidnews.com\/eng\/2021\/03\/29\/dollar-slides-to-its-lowest-level-in-almost-two-years\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/dailyrapidnews.com\/eng\/2021\/03\/29\/dollar-slides-to-its-lowest-level-in-almost-two-years\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/dailyrapidnews.com\/eng\/2021\/03\/29\/dollar-slides-to-its-lowest-level-in-almost-two-years\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/dailyrapidnews.com\/eng\/"},{"@type":"ListItem","position":2,"name":"Dollar slides to its lowest level in almost two years"}]},{"@type":"Person","@id":"https:\/\/dailyrapidnews.com\/eng\/#\/schema\/person\/950b57c7996a13e09938c5e45be30a5c","name":"admin","image":{"@type":"ImageObject","@id":"https:\/\/dailyrapidnews.com\/eng\/#personlogo","inLanguage":"en-US","url":"https:\/\/secure.gravatar.com\/avatar\/b833642ff3b2364918fd2b384cafa111bc9b39a668c6435fe2488d01d4ce563e?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/b833642ff3b2364918fd2b384cafa111bc9b39a668c6435fe2488d01d4ce563e?s=96&d=mm&r=g","caption":"admin"},"sameAs":["https:\/\/dailyrapidnews.com\/eng"],"url":"https:\/\/dailyrapidnews.com\/eng\/author\/admin\/"}]}},"jetpack_featured_media_url":"https:\/\/dailyrapidnews.com\/eng\/wp-content\/uploads\/2021\/03\/Dollar-slides-to-its-lowest-level-in-almost-two-years-rapidnews-dailyrapid.jpg","featured_image_urls":{"full":["https:\/\/dailyrapidnews.com\/eng\/wp-content\/uploads\/2021\/03\/Dollar-slides-to-its-lowest-level-in-almost-two-years-rapidnews-dailyrapid.jpg",800,533,false],"thumbnail":["https:\/\/dailyrapidnews.com\/eng\/wp-content\/uploads\/2021\/03\/Dollar-slides-to-its-lowest-level-in-almost-two-years-rapidnews-dailyrapid-150x150.jpg",150,150,true],"medium":["https:\/\/dailyrapidnews.com\/eng\/wp-content\/uploads\/2021\/03\/Dollar-slides-to-its-lowest-level-in-almost-two-years-rapidnews-dailyrapid-300x200.jpg",300,200,true],"medium_large":["https:\/\/dailyrapidnews.com\/eng\/wp-content\/uploads\/2021\/03\/Dollar-slides-to-its-lowest-level-in-almost-two-years-rapidnews-dailyrapid-768x512.jpg",640,427,true],"large":["https:\/\/dailyrapidnews.com\/eng\/wp-content\/uploads\/2021\/03\/Dollar-slides-to-its-lowest-level-in-almost-two-years-rapidnews-dailyrapid.jpg",640,426,false],"1536x1536":["https:\/\/dailyrapidnews.com\/eng\/wp-content\/uploads\/2021\/03\/Dollar-slides-to-its-lowest-level-in-almost-two-years-rapidnews-dailyrapid.jpg",800,533,false],"2048x2048":["https:\/\/dailyrapidnews.com\/eng\/wp-content\/uploads\/2021\/03\/Dollar-slides-to-its-lowest-level-in-almost-two-years-rapidnews-dailyrapid.jpg",800,533,false],"cream-magazine-thumbnail-2":["https:\/\/dailyrapidnews.com\/eng\/wp-content\/uploads\/2021\/03\/Dollar-slides-to-its-lowest-level-in-almost-two-years-rapidnews-dailyrapid.jpg",675,450,false],"cream-magazine-thumbnail-3":["https:\/\/dailyrapidnews.com\/eng\/wp-content\/uploads\/2021\/03\/Dollar-slides-to-its-lowest-level-in-almost-two-years-rapidnews-dailyrapid.jpg",720,480,false],"cream-magazine-thumbnail-4":["https:\/\/dailyrapidnews.com\/eng\/wp-content\/uploads\/2021\/03\/Dollar-slides-to-its-lowest-level-in-almost-two-years-rapidnews-dailyrapid.jpg",450,300,false]},"author_info":{"display_name":"admin","author_link":"https:\/\/dailyrapidnews.com\/eng\/author\/admin\/"},"category_info":"<a href=\"https:\/\/dailyrapidnews.com\/eng\/category\/business\/\" rel=\"category tag\">Business<\/a>","tag_info":"Business","comment_count":"0","jetpack-related-posts":[{"id":2110,"url":"https:\/\/dailyrapidnews.com\/eng\/2021\/01\/20\/us-dollar-sold-at-rs161-in-pakistan-on-jan-20\/","url_meta":{"origin":7729,"position":0},"title":"US dollar sold at Rs161 in Pakistan on Jan 20","date":"January 20, 2021","format":false,"excerpt":"The buying rate of the US dollar was Rs160.3, while its selling rate was Rs161 on Wednesday, January 20. Earlier on Tuesday, the rupee extended losses against the dollar for the second straight session, dealers said. The rupee closed at 160.61 against the dollar, compared with Monday\u2019s closing of 160.52\u2026","rel":"","context":"In &quot;Business&quot;","img":{"alt_text":"closing-rates-us-dollar-pakistan-january-2021-dailyrapidnews-rapidnews","src":"https:\/\/i0.wp.com\/dailyrapidnews.com\/eng\/wp-content\/uploads\/2021\/01\/closing-rates-us-dollar-pakistan-january-2021-dailyrapidnews-rapidnews.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":685,"url":"https:\/\/dailyrapidnews.com\/eng\/2021\/01\/01\/u-s-dollar-into-pakistani-rupee-exchange-rate\/","url_meta":{"origin":7729,"position":1},"title":"U.S. Dollar into Pakistani Rupee Exchange Rate","date":"January 1, 2021","format":false,"excerpt":"The buying and selling rates of the US dollar will remain unchanged on Friday, as the foreign exchange market will be shut on account of the bank holiday on January 1. However, on Thursday, the rupee strengthened for the second straight session, helped by tepid demand for the dollar from\u2026","rel":"","context":"In &quot;Business&quot;","img":{"alt_text":"USD-PKR-dollar-rates-pakistan-dailyrapid-dailyrapidnews-exchange-exchangerate","src":"https:\/\/i0.wp.com\/dailyrapidnews.com\/eng\/wp-content\/uploads\/2021\/01\/USD-PKR-dollar-rates-pakistan-dailyrapid-dailyrapidnews-exchange-exchangerate.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":1843,"url":"https:\/\/dailyrapidnews.com\/eng\/2021\/01\/18\/us-dollar-sold-at-rs160-8-on-january-18\/","url_meta":{"origin":7729,"position":2},"title":"US dollar sold at Rs160.8 on January 18","date":"January 18, 2021","format":false,"excerpt":"The buying rate of the US dollar was Rs160, while its selling rate was Rs160.7 on Monday, January 18 at the opening of Pakistan's currency market. Pakistani rupee will likely remain stable or marginally weaken against the US dollar this week as demand for the hard currency from importers increases.\u2026","rel":"","context":"In &quot;Business&quot;","img":{"alt_text":"currency-rates-forex-currency-buying-selling-rapid-news-gold-rate-prices-pakistan-rapid-news-rapidnews-dailyrapidnews","src":"https:\/\/i0.wp.com\/dailyrapidnews.com\/eng\/wp-content\/uploads\/2021\/01\/currency-rates-forex-currency-buying-selling-rapid-news-gold-rate-prices-pakistan-rapid-news-rapidnews-dailyrapidnews.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":7305,"url":"https:\/\/dailyrapidnews.com\/eng\/2021\/03\/25\/latest-dollar-rate-in-pakistan-on-march-25\/","url_meta":{"origin":7729,"position":3},"title":"Latest Dollar Rate In Pakistan On March 25","date":"March 25, 2021","format":false,"excerpt":"Today\u2019s\u00a0USD to PKR\u00a0(Dollar Price in Pakistan Rupee) exchange rate given below. All Currency prices are updated every hour to offer you the best US Dollar to Pakistani Rupee conversion. US Dollar to PKR conversion depends on open market rates which are set by the currency exchange dealers of Pakistan. Find\u2026","rel":"","context":"In &quot;Business&quot;","img":{"alt_text":"Latest-Dollar-Rate-In-Pakistan-On-March25-rapidnews","src":"https:\/\/i0.wp.com\/dailyrapidnews.com\/eng\/wp-content\/uploads\/2021\/03\/Latest-Dollar-Rate-In-Pakistan-On-March25-rapidnews-e1616678875183.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":18105,"url":"https:\/\/dailyrapidnews.com\/eng\/2022\/06\/06\/dollar-rate-in-pakistan\/","url_meta":{"origin":7729,"position":4},"title":"Today&#8217;s Dollar Rate in Pakistan","date":"June 6, 2022","format":false,"excerpt":"The current dollar rate in Pakistan is PKR 197.5 in the Pakistani currency exchange market. Buying and selling rates in Pakistan fluctuate on a daily basis due to various economic factors. Bank exchange rates for USD dollars are always slightly lower than currency exchange rates or open market rates.","rel":"","context":"In &quot;Business&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2318,"url":"https:\/\/dailyrapidnews.com\/eng\/2021\/01\/22\/us-dollar-being-sold-in-pakistan-at-rs161-3-on-january-22\/","url_meta":{"origin":7729,"position":5},"title":"US dollar being sold in Pakistan at Rs161.3 on January 22","date":"January 22, 2021","format":false,"excerpt":"The buying rate of the US dollar was Rs160.6, while its selling rate was Rs161.3 on Friday, January 22. On Thursday the rupee ended slightly weaker at 160.75 against the dollar in the open market. It had finished at 160.70 in the previous session. \u201cThe rupee continued to post gains\u2026","rel":"","context":"In &quot;Business&quot;","img":{"alt_text":"closing-rates-us-dollar-pakistan-january-2021-dailyrapidnews-rapidnews","src":"https:\/\/i0.wp.com\/dailyrapidnews.com\/eng\/wp-content\/uploads\/2021\/01\/closing-rates-us-dollar-pakistan-january-2021-dailyrapidnews-rapidnews.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/posts\/7729","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/comments?post=7729"}],"version-history":[{"count":1,"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/posts\/7729\/revisions"}],"predecessor-version":[{"id":7732,"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/posts\/7729\/revisions\/7732"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/media\/7730"}],"wp:attachment":[{"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/media?parent=7729"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/categories?post=7729"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/tags?post=7729"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}