SBP issues customers exchange rates for September 29

SBP issues customers exchange rates for September 29

Karachi, September 29, 2021 – The State Bank of Pakistan (SBP) has released the exchange rates for customers on September 29, 2021.

These rates, grounded in the weighted average rates of commercial banks, offer valuable insights into the prevailing currency exchange landscape.

According to an official statement by the SBP, the data is compiled and disseminated solely for informational purposes. These exchange rates, serving as estimates, are quoted by various commercial banks to their clients. The rates are indicative and guide commercial transactions between banks and their customers.

The indicative exchange rates for various currencies against the Pakistani Rupee (PKR) on September 29, 2021, are as follows:

• AED (United Arab Emirates Dirham):

• Buying: 46.2913 PKR

• Selling: 46.3856 PKR

• AUD (Australian Dollar):

• Buying: 123.2164 PKR

• Selling: 123.4624 PKR

• CAD (Canadian Dollar):

• Buying: 134.0133 PKR

• Selling: 134.2848 PKR

• CHF (Swiss Franc):

• Buying: 182.8293 PKR

• Selling: 183.1927 PKR

• CNY (Chinese Yuan):

• Buying: 26.3113 PKR

• Selling: 26.3636 PKR

• EUR (Euro):

• Buying: 198.5299 PKR

• Selling: 198.9472 PKR

• GBP (British Pound):

• Buying: 230.1733 PKR

• Selling: 230.6475 PKR

• JPY (Japanese Yen):

• Buying: 1.5241 PKR

• Selling: 1.5273 PKR

• SAR (Saudi Riyal):

• Buying: 45.2988 PKR

• Selling: 45.3897 PKR

• USD (United States Dollar):

• Buying: 169.8934 PKR

• Selling: 170.2567 PKR

These rates play a crucial role in guiding international trade, travel, and financial transactions. Businesses and individuals relying on cross-border dealings use these rates as a benchmark for their financial decisions.

As with any currency exchange rates, these figures are subject to market fluctuations, and individuals and businesses are encouraged to stay informed about developments in the foreign exchange market. The State Bank of Pakistan continues its commitment to transparency by providing timely and accurate information to the public, contributing to a stable and efficient financial environment in the country.