KARACHI, November 25, 2021 – The State Bank of Pakistan (SBP) has disclosed the official exchange rates for November 25, 2021, reflecting the weighted average rates of commercial banks.
These rates, crucial for businesses and individuals engaged in international transactions, provide a snapshot of the market trends and the Pakistani Rupee’s standing against various foreign currencies.
In a statement issued on Thursday, the SBP clarified that the data is compiled and disseminated solely for informational purposes. These exchange rates are indicative estimates quoted by diverse commercial banks to their clients and are meant to guide commercial transactions.
The buying and selling rates for major currencies against the Pakistani Rupee, as quoted by commercial banks on November 25, 2021, are as follows:
• AED (United Arab Emirates Dirham):
• Buying: 47.6201 PKR
• Selling: 47.7306 PKR
• AUD (Australian Dollar):
• Buying: 125.9148 PKR
• Selling: 126.2133 PKR
• CAD (Canadian Dollar):
• Buying: 138.1732 PKR
• Selling: 138.4872 PKR
• CHF (Swiss Franc):
• Buying: 187.2197 PKR
• Selling: 187.6456 PKR
• CNY (Chinese Yuan):
• Buying: 27.3977 PKR
• Selling: 27.4577 PKR
• EUR (Euro):
• Buying: 196.0359 PKR
• Selling: 196.5059 PKR
• GBP (British Pound):
• Buying: 233.3041 PKR
• Selling: 233.8486 PKR
• JPY (Japanese Yen):
• Buying: 1.5147 PKR
• Selling: 1.5183 PKR
• SAR (Saudi Riyal):
• Buying: 46.5984 PKR
• Selling: 46.7066 PKR
• USD (United States Dollar):
• Buying: 174.7804 PKR
• Selling: 175.2032 PKR
These rates are crucial indicators for businesses involved in cross-border trade, investors, and individuals planning international travel. The SBP has emphasized that these rates are indicative and serve as a reference point for commercial transactions.
Market participants are advised to stay informed about these exchange rates, as they play a pivotal role in influencing the costs associated with international transactions, investments, and travel expenses. The dynamic nature of the global economy is reflected in the fluctuation of exchange rates, and these published rates provide valuable insights for decision-making.
As the SBP continues to foster transparency in the foreign exchange market, these regularly issued exchange rates contribute to a more informed and resilient financial ecosystem, allowing economic stakeholders to navigate the complexities of the international monetary landscape effectively.
