This report details the U.S. government’s foreign currency exchange rates, as mandated by Section 613 of Public Law 87-195. These rates ensure consistency across all government agency reporting on foreign currency holdings and transactions. This information is crucial for accurate reporting of U.S. dollar equivalents for various financial activities involving foreign currencies. The report encompasses all foreign currencies relevant to U.S. government interests, including the Pakistani Rupee (PKR), providing a crucial reference for understanding today’s USD to PKR exchange rate in Pakistan.
The exchange rates listed represent the rates at which the U.S. government acquires foreign currencies for official expenditures. These rates are reported by disbursing officers at each post on the last business day of the month preceding the report’s publication date. This ensures a standardized baseline for calculating the dollar exchange rate in Pakistan and other countries for official government transactions.
Specific instances where these published rates do not apply include situations governed by international agreements, conversions between foreign currencies, foreign currency sales for dollars, and transactions impacting dollar appropriations. Detailed guidance on these exceptions can be found in the Treasury Financial Manual.
This quarterly report provides exchange rates for the following three months. If fluctuations exceed 10%, the Treasury Department will issue amendments with revised effective dates. These amendments ensure the reported dollar exchange rate in Pakistan remains as accurate as possible for government reporting purposes. Amendments will also be issued for newly established foreign currencies.
All government agencies must utilize these rates for converting foreign currency balances and transactions into U.S. dollar equivalents, unless specific exceptions apply. It’s important to remember that these rates are not current market rates and should not be used for valuing transactions affecting dollar appropriations. While this report provides valuable context for understanding today’s USD to PKR exchange rate in Pakistan, it shouldn’t be used for real-time market transactions.
For those seeking today’s USD to PKR exchange rate in Pakistan for personal or commercial use, it’s recommended to consult a reliable financial institution or online currency converter for the most up-to-date information. These sources will provide real-time market rates, reflecting the current exchange rate for the Pakistani Rupee.