The US Dollar (USD) continues to play a major role in Pakistan’s economy, influencing everything from import prices to fuel costs. Staying updated on the daily USD to PKR exchange rate helps businesses, investors, and individuals make informed financial decisions.Dollar Rate Today in Pakistan – Daily Market Summary.
Current USD to PKR Exchange Rate
As of 22 October 2025, the dollar rate in Pakistan stands approximately at:
- Interbank Rate: Rs. 280.45
- Open Market Rate: Rs. 282.30
(Note: Rates may vary slightly depending on banks and currency exchange companies.)
The difference between interbank and open market rates reflects liquidity, demand, and trading activities among local money exchangers.
Interbank vs Open Market Dollar Rate
The interbank rate is the official rate used by banks for large transactions and is regulated by the State Bank of Pakistan (SBP).
The open market rate, on the other hand, is determined by currency dealers and money exchangers based on daily demand and supply.
When the open market rate rises faster than the interbank rate, it usually indicates a higher demand for physical dollars — often from importers or travelers.
Daily Price Fluctuation and Trend Analysis
Over the past few weeks, the dollar has seen moderate fluctuations due to:
- Global oil price movements
- Political and economic uncertainties
- Import pressure and trade deficits
- IMF loan repayment schedules
The PKR (Pakistani Rupee) tends to stabilize when foreign remittances increase or when the SBP intervenes in the market by adjusting liquidity levels.
Impact of Dollar Rate on Local Economy and Imports
A rising dollar rate directly increases the cost of imports, making fuel, electronics, and industrial raw materials more expensive.
This, in turn, drives inflation and affects consumer purchasing power.
On the other hand, exporters and remittance receivers benefit from a higher dollar rate since they earn more PKR for each dollar they receive.
FAQ Section
Q1: Why does the dollar rate change daily?
Because exchange rates are influenced by market demand, global trade activities, and economic indicators such as inflation and interest rates.
Q2: Which source provides the most accurate exchange rate?
The State Bank of Pakistan (SBP) publishes the official interbank rate, while authorized exchange companies list open market rates that reflect real-time cash transactions.
Q3: Can individuals trade dollars legally in Pakistan?
Yes, individuals can buy or sell dollars legally through authorized exchange companies or banks. Black market trading is illegal and can result in penalties.
