Kuwaiti dinar equals 916.95 Pakistani rupees in Karachi

The Kuwaiti dinar held steady against the Pakistani rupee in the open market today, maintaining a rate of 916.95 PKR. This stability reflects consistent financial flows between the two countries. The fixed exchange rate benefits Pakistani expatriates in Kuwait by preserving remittance purchasing power. Robust Kuwaiti oil revenues and Pakistan's efforts to stabilize foreign reserves contribute to the dinar's strength. The Kuwaiti dinar, the world's most valuable currency, is tied to a basket of currencies and the oil economy. The Pakistani rupee is influenced by inflation and trade deficits.