Google Shows Wrong USD To PKR Rate: Rs. 186.73

Foreign Exchange Market

Google showed an incorrect exchange rate for Pakistani Rupee against US Dollar. The rate displayed was Rs. 186.73 on 7 June 2023. People were confused by this. But it was just a glitch at Google's end. The local currency has not actually recovered.

The Pakistan Rupee (PKR) ended really low, at a record low of Rs. 286.56 against the US Dollar (USD) on June 6, 2023 (Tuesday), in the interbank market. The open market rate for the US dollar is even higher, at over Rs. 300.

Want to know the current USD to PKR exchange rate in Pakistan? The rate as of June 6th, 2023 can be found by clicking the link above.

The Pakistani Rupee is falling against the US Dollar. The reason is economic uncertainty and a decrease in foreign exchange reserves. The State Bank of Pakistan has $4 billion in foreign reserves. Pakistan's total foreign exchange is less than $10 billion.

Google's glitch caused confusion regarding the Pakistani Rupee's exchange rate. The current rate was shown at Rs. 186.73. People were left wondering about the accuracy of this rate.

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