KARACHI, March 15, 2022 – The State Bank of Pakistan (SBP) has released the exchange rates for Tuesday, March 15, 2022. These rates are based on the weighted average rates of commercial banks and are provided for informational purposes only, according to the SBP.
The SBP emphasized that the data represents estimates quoted by various commercial banks to their clients and serves 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 March 15, 2022:
• AED (United Arab Emirates Dirham):
• Buying: PKR 48.7479
• Selling: PKR 48.8589
• AUD (Australian Dollar):
• Buying: PKR 128.5575
• Selling: PKR 128.8454
• CAD (Canadian Dollar):
• Buying: PKR 139.4673
• Selling: PKR 139.7846
• CHF (Swiss Franc):
• Buying: PKR 190.4761
• Selling: PKR 190.8995
• CNY (Chinese Yuan):
• Buying: PKR 28.0661
• Selling: PKR 28.1262
• EUR (Euro):
• Buying: PKR 196.5311
• Selling: PKR 196.9920
• GBP (British Pound):
• Buying: PKR 233.3365
• Selling: PKR 233.8691
• JPY (Japanese Yen):
• Buying: PKR 1.5126
• Selling: PKR 1.5161
• SAR (Saudi Riyal):
• Buying: PKR 47.7019
• Selling: PKR 47.8094
• USD (United States Dollar):
• Buying: PKR 178.9312
• Selling: PKR 179.3540
The SBP’s provision of exchange rates plays a crucial role in ensuring transparent and efficient foreign exchange transactions in Pakistan. These rates are fundamental 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.
