In Karachi’s money market, screens light up early. Dealers murmur numbers over weak cups of tea, checking charts that shift every few seconds. The currency exchange rate today of Pakistani Rs (PKR) is steady but restless. Against the USD, EURO, INR, and RUBAL, the rupee is holding, though every trader knows that stability never stays long.
By mid-morning, some banks in the interbank market reported light activity. Others hinted at importer demand inching up. The smell of diesel and the hum of traffic outside Money Exchange Road mix with the sound of calculators clicking — another typical trading day.
| Currency | 1 PKR = | Approximate Value | Market Type |
| USD (US Dollar) | 0.00353 | ≈ Rs 283.1 per USD | Interbank |
| EURO (Eurozone) | 0.00302 | ≈ Rs 330.4 per EURO | Interbank |
| INR (Indian Rupee) | 0 | ≈ Rs 3.18 per INR | Regional |
| RUB (Russian Ruble) | 0 | ≈ Rs 3.37 per RUB | Forex |
| Open Market Rate | Slightly higher | Rs 284–285 per USD | Retail Segment |
PKR to USD – Dollar Exchange Rate Today
The PKR to USD exchange rate opened near Rs 283 per dollar. Slight movement, nothing dramatic. Traders say payments from oil importers increased slightly after shipments cleared customs. A few banks reported slower inflows of remittances in early trade, adding mild pressure on the rupee. Still, the overall tone stayed calm. Some called it a “breather” after last week’s heavy trade.
PKR to EURO – Euro Exchange Rate Update
The PKR to EURO rate hovered close to Rs 330.4 per euro. Dealers in Lahore mentioned light buying for education fees and small travel transfers. The euro’s movement matched its global track — firm in morning sessions, mild cooling later. Exporters handling EU contracts said conversions were steady, not rushed. By noon, market talk softened as the rate stayed unchanged for hours.
PKR to INR – Indian Rupee Comparison
The PKR to INR exchange rate stood near Rs 3.18 per Indian rupee. Though the two currencies are not directly traded, money changers in border towns track them quietly. A few traders pointed out that both Pakistan and India face similar dollar pressure due to rising oil costs. Informal remittance flows near Punjab and Sindh borders remain active. The gap between interbank and unofficial rates narrowed slightly this week, giving a rare moment of relief to traders.
PKR to RUB – Russian Ruble Rate
The PKR to RUB rate stayed close to Rs 3.37 per ruble. Small movements, mostly linked to energy trade settlements. Importers using ruble payment routes through intermediary banks reported no major delay this week. Some dealers in Islamabad said ruble demand picks up when oil consignments arrive but fades once invoices clear. It’s quiet business — slow, predictable, yet becoming a regular part of Pakistan’s trading map.
PKR Market – Factors Influencing the Rupee
The rupee’s position today looks calm, but several moving parts keep it in check. Every tick tells a story — some local, some global.
Main drivers affecting today’s exchange rates:
- Oil Prices: Slight rise in Brent crude increased import pressure.
- Inflation: Domestic prices stayed high, keeping liquidity tight.
- Remittances: Regular inflows balanced small outflows from importers.
- Dollar Demand: U.S. data kept global dollar demand firm.
- Reserves: Stable reserves at the State Bank supported trader confidence.
Market experts in Karachi described the rupee’s mood as “carefully quiet.” There’s no panic, but no celebration either. Everyone seems to be waiting — for the next policy decision, for the next shipment, for the next rate slip.
Expert Opinion / Market Reaction
Analysts predict the currency exchange rate of Pakistani Rs will stay within the current band in coming days. The rupee’s balance depends largely on how remittances perform this month. Most expect PKR to USD to hover between Rs 282 and Rs 285, with little room for surprise. For now, traders pack their files, switch off monitors, and call it a day — the numbers may change tomorrow, but the rhythm of the market never does.
READ: Breaking And Daily Currency Exchange Rates