SBP issues customers exchange rates for September 20

SBP issues customers exchange rates for September 20

Karachi, September 20, 2021 – The State Bank of Pakistan (SBP) has issued the exchange rates for customers on Monday, September 20, 2021.

These rates, calculated based on the weighted average rates of commercial banks, provide valuable insights into the currency exchange scenario.

In an official statement, the SBP clarified that the data is compiled and disseminated purely 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 20, 2021, are as follows:

• AED (United Arab Emirates Dirham):

• Buying: 45.9050 PKR

• Selling: 46.0002 PKR

• AUD (Australian Dollar):

• Buying: 121.8879 PKR

• Selling: 122.1395 PKR

• CAD (Canadian Dollar):

• Buying: 131.6191 PKR

• Selling: 131.8887 PKR

• CHF (Swiss Franc):

• Buying: 180.7076 PKR

• Selling: 181.0770 PKR

• CNY (Chinese Yuan):

• Buying: 26.0844 PKR

• Selling: 26.1356 PKR

• EUR (Euro):

• Buying: 197.4079 PKR

• Selling: 197.8266 PKR

• GBP (British Pound):

• Buying: 230.9060 PKR

• Selling: 231.3829 PKR

• JPY (Japanese Yen):

• Buying: 1.5334 PKR

• Selling: 1.5367 PKR

• SAR (Saudi Riyal):

• Buying: 44.9302 PKR

• Selling: 45.0218 PKR

• USD (United States Dollar):

• Buying: 168.4706 PKR

• Selling: 168.8339 PKR

These exchange rates serve as vital 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.

Given the dynamic nature of exchange rates, individuals and businesses are encouraged to stay informed about the latest developments in the foreign exchange market.

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