Karachi, October 13, 2021 – The State Bank of Pakistan (SBP) has released the latest exchange rates for various foreign currencies against the Pakistani Rupee (PKR) on Wednesday, October 13, 2021.
These rates, based on 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 solely 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: 46.5644 PKR
• Selling: 46.6587 PKR
• AUD (Australian Dollar):
• Buying: 125.4305 PKR
• Selling: 125.6818 PKR
• CAD (Canadian Dollar):
• Buying: 137.2061 PKR
• Selling: 137.4767 PKR
• CHF (Swiss Franc):
• Buying: 183.9093 PKR
• Selling: 184.2728 PKR
• CNY (Chinese Yuan):
• Buying: 26.5453 PKR
• Selling: 26.5959 PKR
• EUR (Euro):
• Buying: 197.4409 PKR
• Selling: 197.8532 PKR
• GBP (British Pound Sterling):
• Buying: 232.6015 PKR
• Selling: 233.0074 PKR
• JPY (Japanese Yen):
• Buying: 1.5059 PKR
• Selling: 1.5091 PKR
• SAR (Saudi Riyal):
• Buying: 45.5710 PKR
• Selling: 45.6617 PKR
• USD (United States Dollar):
• Buying: 170.8866 PKR
• Selling: 171.2499 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.
