4/12/2023 0 Comments Dollar to rupee live![]() You won’t receive this rate when sending money. The Pakistani rupee smashed all previous records against the US dollar on Friday, hitting a new interbank low of PKR 228 versus the dollar.Īccording to data supplied by the State Bank of Pakistan (SBP), the rupee plummeted as low as 229 during intraday trade before closing at PKR 228.27. 1.00 From USD INR Indian Rupee 1.00 US Dollar 79.85 9517 Indian Rupees 1 INR 0.0125220 USD We use the mid-market rate for our Converter. "Note that BoP (balance of payments) pressures on the currency have reduced, according to the SBP, which says that Pakistan has enough capital commitments to cover its dollar outflows for the next 12 months," he said. According to capital market expert Muhammad Saad Ali, the rupee has fallen due to increased political uncertainty in the Punjab region, as reported by local media. ![]() "Markets are responding to these shocks in an unduly broad-brush manner, without paying enough regard to Pakistan's relative strengths," said Murtaza Syed, acting governor of Pakistan's central bank.
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