Karachi, September 03, 2021 – The State Bank of Pakistan (SBP) has published the exchange rates for customers on Friday, September 03, 2021.
These rates, determined by the weighted average rates of commercial banks, are essential 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 03, 2021 are as follows:
• AED (United Arab Emirates Dirham):
• Buying: 45.4210 PKR
• Selling: 45.5162 PKR
• AUD (Australian Dollar):
• Buying: 123.5832 PKR
• Selling: 123.8284 PKR
• CAD (Canadian Dollar):
• Buying: 132.8361 PKR
• Selling: 133.0982 PKR
• CHF (Swiss Franc):
• Buying: 182.3524 PKR
• Selling: 182.7139 PKR
• CNY (Chinese Yuan):
• Buying: 25.8483 PKR
• Selling: 25.8983 PKR
• EUR (Euro):
• Buying: 198.0150 PKR
• Selling: 198.4378 PKR
• GBP (British Pound):
• Buying: 230.5792 PKR
• Selling: 231.0604 PKR
• JPY (Japanese Yen):
• Buying: 1.5150 PKR
• Selling: 1.5182 PKR
• SAR (Saudi Riyal):
• Buying: 44.4507 PKR
• Selling: 44.5464 PKR
• USD (United States Dollar):
• Buying: 166.6884 PKR
• Selling: 167.0517 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.
