The US Dollar to Pakistani Rupee (USD to PKR) exchange rate experienced a significant decline, settling at Rs283.25 on Wednesday. The interbank exchange rate saw a notable drop of 53 paisas, bringing the midweek rate to Rs285.25. According to the State Bank of Pakistan (SBP), Tuesday witnessed a decrease of 12 paisas in the interbank value of the US Dollar, closing at Rs283.78. On the open market front, the US Dollar maintained stability at Rs284.50. These fluctuations in the USD to PKR exchange rate reflect the dynamic nature of the currency market in Pakistan, with various factors influencing the value of the US Dollar against the Pakistani Rupee.

Credit: Independent News Pakistan (INP)