Karachi, September 27, 2021 – The State Bank of Pakistan (SBP) has released the official exchange rates for customers on Monday, September 27, 2021.
These rates, calculated based on the weighted average rates of commercial banks, play a pivotal role in guiding international trade and financial transactions.
In a statement, the SBP clarified that the provided data is compiled and disseminated solely for informational purposes. The exchange rates are estimates quoted by various commercial banks to their clients, serving as a reference for commercial transactions.
The indicative exchange rates for various currencies against the Pakistani Rupee (PKR) on September 27, 2021, are as follows:
• AED (United Arab Emirates Dirham):
• Buying: 46.1364 PKR
• Selling: 46.2315 PKR
• AUD (Australian Dollar):
• Buying: 123.2225 PKR
• Selling: 123.4722 PKR
• CAD (Canadian Dollar):
• Buying: 134.1048 PKR
• Selling: 134.3773 PKR
• CHF (Swiss Franc):
• Buying: 182.7460 PKR
• Selling: 183.1207 PKR
• CNY (Chinese Yuan):
• Buying: 26.2466 PKR
• Selling: 26.2975 PKR
• EUR (Euro):
• Buying: 198.4552 PKR
• Selling: 198.8733 PKR
• GBP (British Pound):
• Buying: 231.4646 PKR
• Selling: 231.9398 PKR
• JPY (Japanese Yen):
• Buying: 1.5301 PKR
• Selling: 1.5333 PKR
• SAR (Saudi Riyal):
• Buying: 45.1486 PKR
• Selling: 45.2402 PKR
• USD (United States Dollar):
• Buying: 169.3133 PKR
• Selling: 169.6765 PKR
These exchange rates serve as crucial benchmarks for businesses, travelers, and individuals engaged in cross-border transactions. The rates are indicative and are utilized by banks for commercial transactions with their customers.
The fluctuation in exchange rates can significantly impact the cost of imported goods and services, making these announcements essential for businesses and consumers to make informed financial decisions.
It is important to note that exchange rates are subject to market dynamics, and individuals and businesses are advised to stay updated on the latest developments in the foreign exchange market.
The State Bank of Pakistan reaffirms its commitment to transparency by providing timely and accurate information to the public. These releases contribute to maintaining a stable and efficient financial environment in the country.
