How many Pakistani Rupees it takes to buy one US Dollar — the most-watched financial indicator in Pakistan.
Historical chart source: SBP EasyData — Monthly Average Interbank Rate. This is a separate, slower-moving series from the live rate above — it lags and smooths out same-day market moves.
The USD/PKR exchange rate shows how many Rupees are needed to buy one US Dollar. Pakistan operates a market-determined (floating) exchange rate, meaning the rate moves based on supply and demand for foreign currency.
This page shows two distinct figures: the interbank rate (refreshed intraday from Yahoo Finance market data) at the top, and a separate historical trend chart from the State Bank of Pakistan, which publishes a monthly average — useful for analyzing long-term trends, not for live trading decisions.
A weaker Rupee (rising USD/PKR) makes imports more expensive and inflates the cost of foreign debt repayments. A stronger Rupee (falling USD/PKR) makes imports cheaper but can hurt export competitiveness.
The exchange rate affects inflation directly — Pakistan imports a large share of its energy and raw materials in US Dollars, so Rupee depreciation quickly feeds into domestic prices.
It's also central to Pakistan's debt sustainability: a weaker Rupee increases the local-currency cost of servicing Pakistan's foreign-currency-denominated debt, which is a major fiscal concern.