Karachi, September 17, 2021 – The State Bank of Pakistan (SBP) has disclosed the exchange rates for customers on Friday, September 17, 2021.
These rates, calculated based on the weighted average rates of commercial banks, offer crucial insights into the currency exchange landscape.
In an official statement, the SBP emphasized that the data is compiled and disseminated solely 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 17, 2021, are as follows:
• AED (United Arab Emirates Dirham):
• Buying: 45.7519 PKR
• Selling: 45.8462 PKR
• AUD (Australian Dollar):
• Buying: 122.6256 PKR
• Selling: 122.8759 PKR
• CAD (Canadian Dollar):
• Buying: 132.5810 PKR
• Selling: 132.8518 PKR
• CHF (Swiss Franc):
• Buying: 181.1514 PKR
• Selling: 181.5259 PKR
• CNY (Chinese Yuan):
• Buying: 26.0704 PKR
• Selling: 26.1210 PKR
• EUR (Euro):
• Buying: 197.7041 PKR
• Selling: 198.1244 PKR
• GBP (British Pound):
• Buying: 231.7278 PKR
• Selling: 232.2147 PKR
• JPY (Japanese Yen):
• Buying: 1.5284 PKR
• Selling: 1.5316 PKR
• SAR (Saudi Riyal):
• Buying: 44.7779 PKR
• Selling: 44.8727 PKR
• USD (United States Dollar):
• Buying: 167.9020 PKR
• Selling: 168.2653 PKR
These exchange rates serve as crucial references for businesses, travelers, and individuals involved in cross-border transactions. The rates are indicative and are used by banks for commercial transactions with their customers.
The State Bank of Pakistan, in its commitment to transparency, provides accurate and timely information to the public. These releases contribute to maintaining a stable and efficient financial environment in the country.
It’s important to note that exchange rates can be subject to fluctuations due to market dynamics. Individuals and businesses are advised to stay informed about the latest developments in the foreign exchange market to make well-informed financial decisions.
The State Bank of Pakistan remains vigilant in ensuring the smooth functioning of the financial system and facilitating transparent and efficient currency transactions in the country.
