The US dollar to Pakistani rupee (USD/PKR) rate is one of the most-watched numbers in the country. As of 22 June 2026, the dollar is trading at roughly Rs 279 in the open market, with the interbank rate close behind. Here is what the rate means, what moves it, and why a stable rupee matters for property and gold buyers. (Rates change daily and differ slightly between interbank, open market and dealers — check a live source for the exact figure.)
USD to PKR rate today
| Market | Approx. rate (per USD) |
|---|---|
| Interbank | ~ Rs 279 |
| Open market | ~ Rs 279–280 |
Interbank vs open market — what is the difference?
The interbank rate is the price at which banks trade dollars with each other; it is the benchmark you see quoted by the State Bank. The open-market rate is what you pay at a currency dealer for physical cash, and it is typically slightly higher. For most people buying small amounts of cash, the open-market rate is the relevant one.
What moves the rupee?
- Foreign exchange reserves — healthier reserves support a stronger rupee.
- Remittances & exports — more dollars coming in strengthens the currency.
- IMF & external financing — programme inflows boost confidence.
- Imports & demand for dollars — higher import bills pressure the rupee.
- Market sentiment & politics — uncertainty can trigger quick moves.
Why a stable dollar matters for property & gold
A stable rupee keeps imported construction inputs (and gold, which is dollar-priced) from spiking, which helps keep building costs and asset prices predictable. For overseas Pakistanis, the rate also decides how far their remitted dollars stretch when buying a plot back home — a stable rate makes planning a purchase much easier.
Frequently Asked Questions
What is the USD to PKR rate today?
As of 22 June 2026, the US dollar is around Rs 279 in Pakistan. The exact figure changes daily and varies between interbank and open market.
Why is the open-market dollar rate higher than interbank?
The open-market rate is for physical cash at currency dealers and includes their margin, so it usually sits a little above the interbank benchmark.
What makes the rupee go up or down?
Mainly foreign reserves, remittances and exports, import demand, IMF/external inflows, and overall market sentiment.
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