Karachi, October 25, 2021: The State Bank of Pakistan (SBP) has issued the official exchange rates for Monday, October 25, 2021.
These rates are formulated based on the weighted average rates provided by commercial banks. The SBP reiterated that the data is compiled and disseminated for informational purposes only.
The exchange rates act as crucial benchmarks for businesses and individuals involved in international trade and financial transactions. These rates, derived from the collective data of commercial banks, provide a snapshot of the prevailing market conditions.
Here are the exchange rates for major currencies as of October 25, 2021:
• United States Dollar (USD):
• Buying: PKR 174.1228
• Selling: PKR 174.4927
• Euro (EUR):
• Buying: PKR 202.9863
• Selling: PKR 203.4051
• British Pound (GBP):
• Buying: PKR 239.8470
• Selling: PKR 240.3354
• Canadian Dollar (CAD):
• Buying: PKR 140.9855
• Selling: PKR 141.2711
• Australian Dollar (AUD):
• Buying: PKR 130.3232
• Selling: PKR 130.5992
• Swiss Franc (CHF):
• Buying: PKR 190.1306
• Selling: PKR 190.5067
• Chinese Yuan (CNY):
• Buying: PKR 27.3197
• Selling: PKR 27.3712
• Japanese Yen (JPY):
• Buying: PKR 1.5326
• Selling: PKR 1.5357
• Saudi Riyal (SAR):
• Buying: PKR 46.4306
• Selling: PKR 46.5226
• UAE Dirham (AED):
• Buying: PKR 47.4380
• Selling: PKR 47.5348
The SBP emphasized that these rates are indicative and are provided by commercial banks as estimates to their clients. Customers are encouraged to verify the most up-to-date rates with their respective banks before undertaking any financial transactions.
The foreign exchange market is subject to constant fluctuations influenced by various economic factors. The transparent release of exchange rates by the State Bank of Pakistan contributes to a stable financial environment, enabling businesses and individuals to make well-informed decisions amid the evolving global economic landscape.
