KARACHI, April 01, 2022 – The State Bank of Pakistan (SBP) has published the exchange rates for customers on Friday, April 01, 2022.
These rates are based on the weighted average rates provided by commercial banks and are issued for informational purposes only, according to an official statement by the SBP.
The SBP clarified that the data represents estimates quoted by various commercial banks to their clients, serving as indicative exchange rates for commercial transactions between banks and customers.
Here are the buying and selling rates for major foreign currencies in Pakistan Rupees (PKR) as of April 01, 2022:
• AED (United Arab Emirates Dirham):
• Buying: PKR 50.1121
• Selling: PKR 50.2233
• AUD (Australian Dollar):
• Buying: PKR 137.5205
• Selling: PKR 137.8229
• CAD (Canadian Dollar):
• Buying: PKR 147.0430
• Selling: PKR 147.3607
• CHF (Swiss Franc):
• Buying: PKR 199.1917
• Selling: PKR 199.6351
• CNY (Chinese Yuan):
• Buying: PKR 28.9654
• Selling: PKR 29.0277
• EUR (Euro):
• Buying: PKR 203.5086
• Selling: PKR 203.9730
• GBP (British Pound):
• Buying: PKR 241.5383
• Selling: PKR 242.0745
• JPY (Japanese Yen):
• Buying: PKR 1.5030
• Selling: PKR 1.5064
• SAR (Saudi Riyal):
• Buying: PKR 49.0371
• Selling: PKR 49.1445
• USD (United States Dollar):
• Buying: PKR 183.9338
• Selling: PKR 184.3566
The SBP’s provision of exchange rates plays a vital role in ensuring transparent and efficient foreign exchange transactions in Pakistan. These rates are crucial benchmarks for businesses and individuals involved in international trade and finance.
Customers are advised to stay informed with their respective banks for real-time rates before engaging in any foreign currency transactions due to the dynamic nature of foreign exchange markets. The SBP remains committed to fostering stability and transparency in the foreign exchange market, ensuring a fair and reliable system for businesses and individuals participating in cross-border transactions.