The Pakistani rupee has strengthened against US Dollar by 2 rupees in the interbank on Sunday (today).
According to details; Dollar rates in Pakistan (buying rate) increased from 158.1 to 157.9 in the interbank market today.
The new rates of US dollar to Pakistani rupee is given below:
- USD to PKR (Buying rate) = 157.9
- USD to PKR (selling rate) = 158.5
How the exchange rate does affect the economy?
The monetary development of a nation and its currency exchange rates are also closely related to each other.
More noteworthy the currency exchange pace of a nation more noteworthy the monetary development of that nation.
Worldwide financial specialists would also purchase its merchandise and enterprises if the economy of the nation is strong.
In Fact, It ultimately contributes to the greater amount of its currency.
Rangeinn is a one-stop solution for the exchange rate in Pakistan; including
The writer is Freelancer, associated with Medical Profession ,working towards PhD in Healthcare Management.