KARACHI, March 22, 2022 – The State Bank of Pakistan (SBP) has disclosed the exchange rates for Tuesday, March 22, 2022. These rates are established on the weighted average rates of commercial banks and are presented for informational purposes only, as stated 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 March 22, 2022:
• AED (United Arab Emirates Dirham):
• Buying: PKR 49.3830
• Selling: PKR 49.4941
• AUD (Australian Dollar):
• Buying: PKR 133.9584
• Selling: PKR 134.2569
• CAD (Canadian Dollar):
• Buying: PKR 143.8997
• Selling: PKR 144.2150
• CHF (Swiss Franc):
• Buying: PKR 193.5316
• Selling: PKR 193.9560
• CNY (Chinese Yuan):
• Buying: PKR 28.5104
• Selling: PKR 28.5726
• EUR (Euro):
• Buying: PKR 199.1346
• Selling: PKR 199.5964
• GBP (British Pound):
• Buying: PKR 237.9791
• Selling: PKR 238.5257
• JPY (Japanese Yen):
• Buying: PKR 1.5055
• Selling: PKR 1.5089
• SAR (Saudi Riyal):
• Buying: PKR 48.3295
• Selling: PKR 48.4335
• USD (United States Dollar):
• Buying: PKR 181.2587
• Selling: PKR 181.6815
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.
