SBP issues customers exchange rates for September 15

SBP issues customers exchange rates for September 15

Karachi, September 15, 2021 – The State Bank of Pakistan (SBP) has announced the exchange rates for customers on Wednesday, September 15, 2021.

These rates, determined based on the weighted average rates of commercial banks, provide valuable insights into the current state of currency exchange.

In an official statement, the SBP clarified that the data is compiled and disseminated exclusively for informational purposes. These exchange rates are estimates quoted 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 15, 2021, are as follows:

• AED (United Arab Emirates Dirham):

• Buying: 46.1317 PKR

• Selling: 46.2260 PKR

• AUD (Australian Dollar):

• Buying: 123.9512 PKR

• Selling: 124.2058 PKR

• CAD (Canadian Dollar):

• Buying: 133.4400 PKR

• Selling: 133.7077 PKR

• CHF (Swiss Franc):

• Buying: 184.0550 PKR

• Selling: 184.4292 PKR

• CNY (Chinese Yuan):

• Buying: 26.3205 PKR

• Selling: 26.3729 PKR

• EUR (Euro):

• Buying: 199.9316 PKR

• Selling: 200.3536 PKR

• GBP (British Pound):

• Buying: 233.9559 PKR

• Selling: 234.4367 PKR

• JPY (Japanese Yen):

• Buying: 1.5455 PKR

• Selling: 1.5488 PKR

• SAR (Saudi Riyal):

• Buying: 45.1469 PKR

• Selling: 45.2386 PKR

• USD (United States Dollar):

• Buying: 169.2958 PKR

• Selling: 169.6591 PKR

These exchange rates are vital for businesses and individuals involved in cross-border transactions, offering a reference point for various financial dealings. The rates are indicative and are employed by banks for commercial transactions with their customers.

The foreign exchange market is dynamic, and fluctuations in exchange rates can impact the cost of goods and services. It is advisable for individuals and businesses to stay informed about the latest developments in the foreign exchange market to make well-informed financial decisions.

The State Bank of Pakistan remains committed to transparency, providing accurate and timely information to the public. These releases contribute to maintaining a stable and efficient financial environment in the country.

It is crucial for all stakeholders to keep abreast of changes in exchange rates, enabling them to navigate the complexities of international trade and finance with confidence.