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USDPKR

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    281.9376$
  • Previous Close
    281.9376$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

USDPKR.FOREX represents the foreign exchange rate between the US dollar (USD) and the Pakistani rupee (PKR). It indicates how many Pakistani rupees are required to purchase one US dollar. Fluctuations in this rate are influenced by a variety of factors including economic indicators in both the US and Pakistan, interest rate differentials, political stability, and global market sentiment. Traders and investors use this currency pair to speculate on the relative value of the USD against the PKR, aiming to profit from exchange rate movements.
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Factors

Economic Growth: Stronger US economy can strengthen USD; stronger Pakistani economy can weaken it.

Interest Rates: Higher US interest rates can attract foreign investment, increasing USD demand; vice versa for PKR.

Inflation: Higher US inflation can weaken USD; higher Pakistani inflation can weaken PKR even more.

Political Stability: Political turmoil in Pakistan can weaken PKR.

Trade Balance: A trade deficit in Pakistan can weaken PKR.

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