INR/PKR
Market Open
14 Jun, 21:00
₨
2. 929492
+0.005258
+0.1798%
₨
1 Volume
₨ 2.924233
Previous Close Want to track INRPKR and more in your Portfolio? 🎯
Sign up for Marketlog, a portfolio tracker that will exceed your expectations!
INRPKR Overview
INRPKR denotes the exchange rate between the Indian Rupee and the Pakistani Rupee, showing how many Pakistani rupees one Indian rupee can buy. It tracks bilateral currency movements and is used to quote cross-border transactions and valuations between India and Pakistan.
The Indian Rupee (INR) is the sovereign currency of India, serving as legal tender across the country and used in its domestic economy. The Reserve Bank of India (RBI) is the issuing and monetary authority responsible for currency issuance, monetary policy, and maintaining financial stability.
The Pakistani Rupee (PKR) is Pakistan’s national currency and circulates as the primary medium of exchange within Pakistan. The State Bank of Pakistan (SBP) issues the PKR and oversees monetary policy, foreign reserves, and regulatory measures affecting the currency.
Supply and demand in foreign exchange markets primarily determine the INRPKR rate, with interest rate differentials, inflation trends, trade balances, remittances, capital flows, and central bank interventions all influencing price discovery. Geopolitical events, regulatory changes, and market sentiment can prompt rapid adjustments.
Movements in INRPKR matter for importers, exporters, remitters, and financial traders who use the rate for pricing, hedging, and speculative strategies. Investors and businesses monitor it to assess currency risk and to plan cross-border transactions.
The Indian Rupee (INR) is the sovereign currency of India, serving as legal tender across the country and used in its domestic economy. The Reserve Bank of India (RBI) is the issuing and monetary authority responsible for currency issuance, monetary policy, and maintaining financial stability.
The Pakistani Rupee (PKR) is Pakistan’s national currency and circulates as the primary medium of exchange within Pakistan. The State Bank of Pakistan (SBP) issues the PKR and oversees monetary policy, foreign reserves, and regulatory measures affecting the currency.
Supply and demand in foreign exchange markets primarily determine the INRPKR rate, with interest rate differentials, inflation trends, trade balances, remittances, capital flows, and central bank interventions all influencing price discovery. Geopolitical events, regulatory changes, and market sentiment can prompt rapid adjustments.
Movements in INRPKR matter for importers, exporters, remitters, and financial traders who use the rate for pricing, hedging, and speculative strategies. Investors and businesses monitor it to assess currency risk and to plan cross-border transactions.
INRPKR Chart
INRPKR FAQ
What is the current INR/PKR price?
The current rate is ₨2.929492, reflecting the latest available market price based on global forex liquidity and trading activity.
How much has the INR/PKR rate changed today?
The rate has changed by +0.005258 (+0.1798%) compared to the previous close, reflecting current forex market activity.
What was the previous closing rate?
The previous close was ₨2.924233, which serves as a reference point for measuring daily performance.
What does the daily range indicate?
The range shows the lowest and highest levels reached during the current trading session, helping assess volatility.
Why is INR/PKR moving up or down?
Movements in INR/PKR are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.
How is the percentage change calculated?
The percentage change (+0.1798%) is based on the difference between the current rate and the previous closing rate.
Is INR/PKR trending up or down right now?
If the current rate (₨2.929492) is above the previous close (₨2.924233), it indicates upward movement. If below, it suggests a downward trend.
Where can I track live rates and charts?
You can monitor real-time rates, charts, and key market data for INR/PKR directly on this page.
