SBP issues customers exchange rates for September 09

SBP issues customers exchange rates for September 09

Karachi, September 09, 2021 – The State Bank of Pakistan (SBP) has released the exchange rates for customers on Thursday, September 09, 2021.

These rates, determined based on the weighted average rates of commercial banks, play a crucial role in guiding individuals and businesses involved in cross-border transactions.

The SBP, in an official statement, emphasized that the data is compiled and disseminated exclusively for informational purposes. These exchange rates are estimates provided by various commercial banks to their clients, serving as benchmarks for commercial transactions.

The indicative exchange rates for various currencies against the Pakistani Rupee (PKR) on September 09, 2021, are as follows:

• AED (United Arab Emirates Dirham):

• Buying: 45.5951 PKR

• Selling: 45.6894 PKR

• AUD (Australian Dollar):

• Buying: 123.1291 PKR

• Selling: 123.3873 PKR

• CAD (Canadian Dollar):

• Buying: 131.6570 PKR

• Selling: 131.9273 PKR

• CHF (Swiss Franc):

• Buying: 181.9117 PKR

• Selling: 182.2787 PKR

• CNY (Chinese Yuan):

• Buying: 25.9386 PKR

• Selling: 25.9891 PKR

• EUR (Euro):

• Buying: 197.8361 PKR

• Selling: 198.2553 PKR

• GBP (British Pound):

• Buying: 230.3781 PKR

• Selling: 230.8566 PKR

• JPY (Japanese Yen):

• Buying: 1.5198 PKR

• Selling: 1.5230 PKR

• SAR (Saudi Riyal):

• Buying: 44.6243 PKR

• Selling: 44.7152 PKR

• USD (United States Dollar):

• Buying: 167.3294 PKR

• Selling: 167.6927 PKR

These exchange rates serve as valuable references for businesses and individuals engaged in international trade, providing a basis for various financial transactions. The rates are indicative and are utilized by banks for commercial dealings with their customers.

In a constantly evolving global economic landscape, staying informed about changes in exchange rates is imperative for making well-informed financial decisions. The State Bank of Pakistan remains committed to transparency, providing timely and accurate information to the public, contributing to a stable and efficient financial environment in the country.

Individuals and businesses are advised to stay updated on the latest developments in the foreign exchange market, as fluctuations in exchange rates can impact the cost of goods and services in the international market. The SBP’s regular disclosures contribute to maintaining a transparent and stable financial system in Pakistan.