The Indian Rupee (INR) held its ground against the Pakistani Rupee (PKR) on May 6th, 2024. According to the State Bank of Pakistan (SBP), the official exchange rate closed at approximately Rs. 3.33 per INR, reflecting a slight decline of 1 paisa compared to the previous day.
INR to PKR Open Market Rate Differs
It’s important to note that this rate represents the official interbank closing rate set by the SBP. In contrast, currency exchange rates in the open market may differ. For instance, the open market rate is Rs. 3.50 per INR.
Disclaimer
The information in this article is based on data from the State Bank of Pakistan and should not be considered the definitive exchange rate. The official rate is determined by the banking regulator.
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