The USD/PKR exchange rate is a very important economic indicator in Pakistan. It affects imports, exports, remittances, inflation, and overall financial planning. The interbank rate is still about ₨284.38 per 1 USD as of July 13–14, 2025. This is in line with both domestic and international currency changes.
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Today’s Exchange Rates: Interbank vs. Open Market Market Type Rate Approx. (₨/USD) Notes
Interbank 284.38 Banking transactions that are official
Investopedia Open Market 284–288 Spot trade; some stores are selling for as much as ₨289
🔹 Banks and big financial institutions utilise the interbank rate, which is often better. 🔹 The open-market rate shows the daily cash exchange, which is sometimes a little higher because of transaction expenses.
🧭 Changes in the last few weeks and the last week
The Pakistani rupee got a little stronger after a drop earlier in July. It ended a five-day losing trend on July 11, closing at ₨284.46, up by ₹0.10 (about 0.04%).
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The Pakistani Post
In the week leading up to July 12, USD/PKR stayed in a narrow range:
₨283.79 on July 6
July 10: 284.61
July 12: ₨284.38 Wise +2 Exchange Rate Guru +2
The value of the US dollar is +2.
The exchange rate for the US dollar
This stability is due to balanced inflows, especially remittances, and the State Bank of Pakistan’s (SBP) stricter monetary policies.
📌 Why the Dollar Rate Matters: Important Effects on RemittancesZ
Pakistani people living abroad depend on these rates to know how much their money is worth. When the PKR is stronger, the value of each dollar goes higher, and when it is weaker, the value of each rupee goes down.
Costs of Imports and Inflation
When the USD gets stronger, it makes important imports like fuel, machinery, and raw materials more expensive. This raises expenses and inflation.
Competitiveness in Exports
A PKR that is a little weaker makes Pakistani goods more competitive on the world market, which helps textile and agricultural exporters.
Interest Rates and Monetary Policy
The SBP keeps the value of the currency stable by changing interest rates and intervening in the foreign exchange market. Changes in the exchange rate have a direct effect on inflation targets and the cost of borrowing.
Investor Confidence A stable USD/PKR rate makes it easier for foreign investors to put money into Pakistan and makes it easier to get international loans on good terms.
🌍 Global and Economic Context: The economy is getting better.
There are indicators that Pakistan’s economy is stabilising. After a lot of ups and downs during the 2022–2024 crisis, inflation fell to single digits by mid-2025, and reserves rose to about $9.4 billion Wikipedia. This rebound helps keep the currency stable.
The “Daronomics” Effect
Past finance ministers’ economic strategies stressed controlled currency stability over free float. These policies still affect how the SBP makes decisions.
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ProPakistani +15 Wikipedia.
🔍 Mid-Term Outlook: What to Expect Continued Stability? If inflation stays low (about 1–4%) and the SBP keeps a tight grip on things, the USD/PKR may stay around ₨284–285, unless something unexpected happens.
Things that could go wrong
Fluctuations in global oil prices
Sudden outflows of capital
Unstable politics
Any of them could put a drain on reserves and make the PKR weaker.
Chances
More money sent home and help from the IMF may help lessen bad swings. PKR could go up if exports go up and there is a chance of foreign investment (like the China-Pakistan Economic Corridor).
What This Means for Pakistanis Who Get Money: If the USD maintains high (around ₨284+), you can see little gains.
Importers: Costs are still high, thus import bills will probably stay high.
Exporters: A stable or slightly weaker PKR is good for selling goods abroad.
Consumers: Inflation pressures have abated, but imported items are still more expensive.
What to remember and what experts say
For corporations, investors, and individuals who are interested, keep an eye on these actions:
Keep an eye on weekly interbank and open-market rates.
Use trustworthy sites like currencyrate.today, exchange-rates.org, or ECAP updates.
Look at SBP Announcements
Changes in interest rates generally come before changes in USD/PKR.
Think about forward contracts
If a business deals with a lot of imports and exports, it should hedge its risk.
Plan Your Remittances Carefully If you get a lot of money from abroad, you should exchange it at the right periods.
🧾 Last Words
Keep up with what’s going on in the world
PKR can be affected by oil prices, events in the world, and changes in interest rates around the world.
As of mid-July 2025, the interbank rate for USD/PKR is constant at roughly ₨284.38, while the open market rate is a little higher at ₨284–288. The rupee’s value is now higher because the economy is strong, the SBP controls it, and remittances keep coming in.
It’s nevertheless important for common people and businesses to keep an eye on these rates and the financial and policy situation. The current stability gives importers time to plan their purchases, exporters time to take advantage of their competitive edge, and investors time to assess risk.
Dollar rate in Pakistan today, USD to PKR, currency exchange in Pakistan, dollar rupee rate in July 2025,