SBP issues customers exchange rates on September 02

SBP issues customers exchange rates on September 02

Karachi, September 02, 2021 – The State Bank of Pakistan (SBP) has issued the exchange rates for customers on Thursday, September 02, 2021.

These rates, determined based on the weighted average rates of commercial banks, provide essential information for individuals and businesses engaged in international transactions.

In an official statement, the SBP emphasized that the data is compiled and disseminated solely for informational purposes. These exchange rates are estimates provided 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 02, 2021, are as follows:

• AED (United Arab Emirates Dirham):

• Buying: 45.4930 PKR

• Selling: 45.5873 PKR

• AUD (Australian Dollar):

• Buying: 123.1771 PKR

• Selling: 123.4264 PKR

• CAD (Canadian Dollar):

• Buying: 132.3484 PKR

• Selling: 132.6154 PKR

• CHF (Swiss Franc):

• Buying: 182.4555 PKR

• Selling: 182.8240 PKR

• CNY (Chinese Yuan):

• Buying: 25.8797 PKR

• Selling: 25.9302 PKR

• EUR (Euro):

• Buying: 197.7490 PKR

• Selling: 198.1688 PKR

• GBP (British Pound):

• Buying: 230.0704 PKR

• Selling: 230.5491 PKR

• JPY (Japanese Yen):

• Buying: 1.5179 PKR

• Selling: 1.5211 PKR

• SAR (Saudi Riyal):

• Buying: 44.5251 PKR

• Selling: 44.6168 PKR

• USD (United States Dollar):

• Buying: 166.9539 PKR

• Selling: 167.3172 PKR

These exchange rates are crucial for businesses and individuals involved in international trade, providing a reference point for various financial transactions. The rates are indicative and are utilized by banks for commercial dealings with their customers.

In a constantly changing global economic environment, staying informed about changes in exchange rates is crucial for making well-informed financial decisions. The State Bank of Pakistan remains dedicated to transparency, providing timely and accurate information to the public, contributing to a stable and efficient financial environment in the country.

It is advisable for individuals and businesses to stay updated on the latest developments in the foreign exchange market, as fluctuations in exchange rates can have significant implications for international trade and finance. The SBP’s regular disclosures contribute to maintaining a transparent and stable financial system in Pakistan.