Karachi, August 10, 2021 – The State Bank of Pakistan (SBP) has released the latest exchange rates for various foreign currencies against the Pakistani Rupee (PKR) on Tuesday, August 10, 2021.
These rates, determined by the weighted average rates of commercial banks, provide essential information for businesses and individuals engaged in international transactions.
The SBP clarified that the data is compiled and disseminated exclusively for informational purposes. These exchange rates represent estimates quoted by various commercial banks to their clients, serving as reference points 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: 44.5525 PKR
• Selling: 44.6467 PKR
• AUD (Australian Dollar):
• Buying: 119.8589 PKR
• Selling: 120.1135 PKR
• CAD (Canadian Dollar):
• Buying: 130.1086 PKR
• Selling: 130.3818 PKR
• CHF (Swiss Franc):
• Buying: 177.7313 PKR
• Selling: 178.0975 PKR
• CNY (Chinese Yuan):
• Buying: 25.2698 PKR
• Selling: 25.3232 PKR
• EUR (Euro):
• Buying: 191.9872 PKR
• Selling: 192.3977 PKR
• GBP (British Pound Sterling):
• Buying: 226.4061 PKR
• Selling: 226.8882 PKR
• JPY (Japanese Yen):
• Buying: 1.4815 PKR
• Selling: 1.4847 PKR
• SAR (Saudi Riyal):
• Buying: 43.6069 PKR
• Selling: 43.6976 PKR
• USD (United States Dollar):
• Buying: 163.5032 PKR
• Selling: 163.8665 PKR
The SBP emphasizes that these rates are indicative and subject to market fluctuations and external economic factors. Therefore, businesses and individuals involved in international transactions are encouraged to stay informed about these exchange rates to make well-informed financial decisions.
Furthermore, the central bank underscores 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 navigates 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 advised to consult official channels and financial institutions for the most up-to-date exchange rate information.