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The US Dollar (USD) continues to play a crucial role in Pakistan’s financial market, influencing import costs, petroleum prices, and overall inflation. On 1 March, the Pakistani Rupee showed minor movement against the dollar, indicating relatively stable currency trading across local exchange markets.
Currency investors, traders, and businesses closely monitor daily updates released through the State Bank of Pakistan (SBP) and open market dealers.
USD to PKR Exchange Rate Today
According to the latest foreign exchange data, the Dollar rate in Pakistan is recorded as:
| Market Type | USD to PKR Rate |
|---|---|
| Interbank Rate | Rs. 279.70 |
| Open Market Buying | Rs. 280.40 |
| Open Market Selling | Rs. 282.30 |
The Rupee continues to trade within the Rs.279–282 range, showing controlled volatility.
Market Trend Overview
Interbank Market
Banks maintained steady trading due to regulated monetary measures by the State Bank of Pakistan.
Open Market Activity
Higher demand from importers and travelers kept open market prices slightly elevated.
Major Factors Affecting Dollar Price
- Foreign exchange reserves position
- Overseas remittances inflow
- Global oil import payments
- International USD strength
- Monetary policy decisions
Economic Impact in Pakistan
Changes in the USD to PKR exchange rate directly affect fuel prices, electronics imports, and food inflation, making daily dollar monitoring essential for businesses and consumers.