Karachi, September 30, 2021 – The State Bank of Pakistan (SBP) has officially issued the exchange rates for customers on September 30, 2021.
These rates, based on the weighted average rates of commercial banks, provide a comprehensive overview of the currency exchange landscape in the country.
In a statement released on Thursday, the SBP emphasized that the exchange rates are compiled and disseminated for informational purposes only. They represent estimates quoted by various commercial banks to their clients, offering insight into the prevailing market conditions.
Commercial banks play a pivotal role in setting these indicative exchange rates, which are utilized for a wide range of commercial transactions with customers. The rates are instrumental in facilitating international trade, travel, and other financial dealings.
The exchange rates for various currencies against the Pakistani Rupee (PKR) are as follows:
• AED (United Arab Emirates Dirham):
• Buying: 46.4535 PKR
• Selling: 46.5484 PKR
• AUD (Australian Dollar):
• Buying: 122.8317 PKR
• Selling: 123.0796 PKR
• CAD (Canadian Dollar):
• Buying: 133.9176 PKR
• Selling: 134.1838 PKR
• CHF (Swiss Franc):
• Buying: 182.5792 PKR
• Selling: 182.9483 PKR
• CNY (Chinese Yuan):
• Buying: 26.3994 PKR
• Selling: 26.4497 PKR
• EUR (Euro):
• Buying: 197.8265 PKR
• Selling: 198.2417 PKR
• GBP (British Pound):
• Buying: 229.2352 PKR
• Selling: 229.7119 PKR
• JPY (Japanese Yen):
• Buying: 1.5231 PKR
• Selling: 1.5263 PKR
• SAR (Saudi Riyal):
• Buying: 45.4634 PKR
• Selling: 45.5551 PKR
• USD (United States Dollar):
• Buying: 170.4834 PKR
• Selling: 170.8467 PKR
These rates serve as a reference point for businesses, travelers, and individuals involved in cross-border transactions. The fluctuations in exchange rates can impact the cost of goods and services, making these updates essential for informed decision-making.
It is important to note that these rates are subject to change based on market dynamics, and individuals and businesses are encouraged to stay updated on the latest developments in the foreign exchange market.
The State Bank of Pakistan remains committed to ensuring transparency and providing reliable information to the public. The release of these exchange rates reflects the central bank’s efforts to foster a stable and efficient financial environment in the country.
