USD to PKR, Exchange Rate - Zi-TnG
The USD to PKR exchange rate is a critical metric for traders, investors, and anyone involved in international transactions. Let’s delve into the details of this currency pair and explore its significance. 1. What Is USD to PKR? USD : The United States Dollar, denoted by the symbol “$,” is the official currency of the United States. PKR : The Pakistani Rupee, represented by the symbol “₨,” is the official currency of Pakistan. 2. Current Exchange Rate As of the latest data, 1 USD is equivalent to approximately 277.52 PKR 1 . This rate fluctuates daily due to various economic factors, geopolitical events, and market sentiment. 3. Factors Influencing the Exchange Rate Several factors impact the USD to PKR exchange rate: a. Economic Indicators Interest Rates : Central bank policies, such as the Federal Reserve’s decisions on interest rates, significantly affect the USD’s value. Inflation : High inflation erodes the purchasing power of a currency, leading to depreciation. Trade Bala