KARACHI, November 24, 2021 – The State Bank of Pakistan (SBP) has unveiled the official exchange rates for November 24, 2021, providing a comprehensive overview of the market dynamics based on the weighted average rates of commercial banks.
These rates are instrumental in guiding businesses, investors, and individuals in understanding the current standing of the Pakistani Rupee against various foreign currencies.
In a statement issued on Wednesday, the SBP emphasized that the provided data is compiled and disseminated for informational purposes only. These exchange rates are indicative estimates quoted by diverse commercial banks to their clients, serving as benchmarks for commercial transactions.
The buying and selling rates for major currencies against the Pakistani Rupee, as quoted by commercial banks on November 24, 2021, are as follows:
• AED (United Arab Emirates Dirham):
• Buying: 47.5601 PKR
• Selling: 47.6720 PKR
• AUD (Australian Dollar):
• Buying: 125.9951 PKR
• Selling: 126.2896 PKR
• CAD (Canadian Dollar):
• Buying: 137.6915 PKR
• Selling: 138.0050 PKR
• CHF (Swiss Franc):
• Buying: 186.9906 PKR
• Selling: 187.4287 PKR
• CNY (Chinese Yuan):
• Buying: 27.3566 PKR
• Selling: 27.4166 PKR
• EUR (Euro):
• Buying: 195.2966 PKR
• Selling: 196.7675 PKR
• GBP (British Pound):
• Buying: 233.5713 PKR
• Selling: 234.1280 PKR
• JPY (Japanese Yen):
• Buying: 1.5183 PKR
• Selling: 1.5220 PKR
• SAR (Saudi Riyal):
• Buying: 46.5407 PKR
• Selling: 46.6483 PKR
• USD (United States Dollar):
• Buying: 174.5666 PKR
• Selling: 174.9894 PKR
These rates serve as essential benchmarks for businesses engaged in international trade, investors navigating the global financial landscape, and individuals planning international travel. The SBP has underscored that these rates are indicative and are subject to change based on market conditions.
Market participants are advised to stay abreast of these exchange rates, which play a pivotal role in determining the costs associated with international transactions, investments, and travel expenses. As the global economic landscape continues to evolve, the SBP remains committed to providing transparent and reliable information to facilitate informed decision-making in the realm of foreign exchange.
