Latest rate of dollar in Pakistan today on 8th March,2022

In today’s interbank market, the Pakistani Rupee (PKR) fell to a new all-time low versus the US Dollar (USD). During today’s open market session, it lost 47 paisas versus the US dollar after reaching an intra-day low of Rs. 179.20.

After losing 64 paisas and ending at 178.13 in the interbank market on Monday, 7 March, it declined by 0.27 percent versus the US dollar and concluded at Rs. 178.61 today.

During the current fiscal year, the Pakistani Rupee has lost 13.37 percent, or PKR 21.07, versus the US Dollar. On a calendar-year-to-date (CYTD) basis, it has lost 1.18 percent, and 14.74 percent from its peak on 14 May, owing to significant inflationary pressures and uncertainty about the State Bank of Pakistan’s (SBP) monetary policy statement.