Customers’ exchange rates on February 15, 2022

Customers’ exchange rates on February 15, 2022

Karachi, February 15, 2022 – The State Bank of Pakistan (SBP) has published the latest exchange rates for various foreign currencies against the Pakistani Rupee (PKR) on Tuesday, February 15, 2022.

These rates, based on the weighted average rates of commercial banks, serve as vital information for businesses and individuals engaged in international transactions.

The SBP clarified that the data is compiled and disseminated purely for informational purposes. These exchange rates represent estimates quoted by various commercial banks to their clients, providing a benchmark for commercial transactions.

Here are the buying and selling rates for major foreign currencies in PKR, as indicated by commercial banks:

• AED (United Arab Emirates Dirham):

• Buying: 47.8458 PKR

• Selling: 47.9568 PKR

• AUD (Australian Dollar):

• Buying: 124.8987 PKR

• Selling: 125.1860 PKR

• CAD (Canadian Dollar):

• Buying: 137.8082 PKR

• Selling: 138.1256 PKR

• CHF (Swiss Franc):

• Buying: 190.0809 PKR

• Selling: 190.5108 PKR

• CNY (Chinese Yuan):

• Buying: 27.6592 PKR

• Selling: 27.7187 PKR

• EUR (Euro):

• Buying: 198.8073 PKR

• Selling: 199.2824 PKR

• GBP (British Pound Sterling):

• Buying: 237.6609 PKR

• Selling: 238.2230 PKR

• JPY (Japanese Yen):

• Buying: 1.5226 PKR

• Selling: 1.5262 PKR

• SAR (Saudi Riyal):

• Buying: 46.8109 PKR

• Selling: 46.9201 PKR

• USD (United States Dollar):

• Buying: 175.6154 PKR

• Selling: 176.0382 PKR

The SBP underscores that these rates are indicative and subject to market fluctuations and external economic factors. Therefore, businesses and individuals involved in international transactions are advised to stay informed about these exchange rates to make well-informed financial decisions.

The central bank also emphasizes the importance of transparency in foreign exchange dealings, urging commercial banks to adhere to the quoted rates for commercial transactions. This commitment aims to maintain a stable and efficient financial environment, fostering trust and confidence in the foreign exchange market.

As Pakistan continues to navigate the global economic landscape, the SBP remains dedicated to providing accurate and timely information, supporting financial stability, and facilitating international trade for the benefit of the Pakistani economy. Stakeholders are encouraged to consult official channels and financial institutions for the most up-to-date exchange rate information.