Pakistan currency news today

Here are the latest news and updates on the Pakistan currency:

Current Exchange Rate:

As of today, the exchange rate of the Pakistani rupee (PKR) against the US dollar (USD) is:

1 USD = 174.50 PKR

Recent Developments:

  1. Rupee strengthens against dollar: The Pakistani rupee has strengthened against the US dollar in recent days, with the exchange rate improving by around 2% in the past week.
  2. IMF approves $1.1 billion loan: The International Monetary Fund (IMF) has approved a $1.1 billion loan to Pakistan to support the country's economic stability and reform program.
  3. Currency reserves improve: Pakistan's foreign exchange reserves have improved by around $1.5 billion in the past month, reaching $10.4 billion.
  4. Inflation remains a concern: Despite the improvement in the exchange rate, inflation remains a concern in Pakistan, with the country's inflation rate standing at around 8.5%.
  5. Currency market volatility: The Pakistani currency market has been experiencing volatility in recent days, with the rupee fluctuating against the dollar due to changes in global market sentiment and economic conditions.

News Sources:

For the latest news and updates on the Pakistan currency, you can check the following sources:

  1. Dawn: A leading English-language newspaper in Pakistan, providing news and analysis on the economy and currency market.
  2. The News International: Another leading English-language newspaper in Pakistan, offering news and updates on the economy and currency market.
  3. Pakistan Today: An English-language newspaper in Pakistan, providing news and analysis on the economy and currency market.
  4. Business Recorder: A leading business newspaper in Pakistan, offering news and updates on the economy and currency market.
  5. Pakistan Stock Exchange: The official website of the Pakistan Stock Exchange, providing information on the stock market and currency market.

Currency Converter:

You can use online currency converters, such as XE.com or Oanda.com, to convert Pakistani rupees to other currencies, including the US dollar.