SBP’s customer exchange rates – April 11, 2022

SBP’s customer exchange rates – April 11, 2022

KARACHI, April 11, 2022 – The State Bank of Pakistan (SBP) has released the official exchange rates for customers on Monday, April 11, 2022.

These rates are determined based on the weighted average rates provided by commercial banks and are disseminated for informational purposes only, according to a statement by the SBP.

The SBP clarified that the data represents estimates quoted by various commercial banks to their clients and serves as indicative exchange rates for commercial transactions between banks and customers.

Here are the buying and selling rates for major foreign currencies in Pakistan Rupees (PKR) as of April 11, 2022:

• AED (United Arab Emirates Dirham):

• Buying: PKR 49.9014

• Selling: PKR 50.0123

• AUD (Australian Dollar):

• Buying: PKR 136.2530

• Selling: PKR 136.5542

• CAD (Canadian Dollar):

• Buying: PKR 145.3837

• Selling: PKR 145.7062

• CHF (Swiss Franc):

• Buying: PKR 195.6721

• Selling: PKR 196.0974

• CNY (Chinese Yuan):

• Buying: PKR 28.7573

• Selling: PKR 28.8177

• EUR (Euro):

• Buying: PKR 199.4040

• Selling: PKR 199.8622

• GBP (British Pound):

• Buying: PKR 238.2070

• Selling: PKR 238.7493

• JPY (Japanese Yen):

• Buying: PKR 1.4629

• Selling: PKR 1.4662

• SAR (Saudi Riyal):

• Buying: PKR 48.8425

• Selling: PKR 48.9499

• USD (United States Dollar):

• Buying: PKR 183.1569

• Selling: PKR 183.5797

The SBP’s provision of exchange rates is essential for facilitating transparent and efficient foreign exchange transactions in Pakistan. These rates are significant benchmarks for businesses and individuals involved in international trade and finance.

Customers are advised to stay informed with their respective banks for real-time rates before engaging in any foreign currency transactions due to the dynamic nature of foreign exchange markets. The SBP remains committed to fostering stability and transparency in the foreign exchange market, ensuring a fair and reliable system for businesses and individuals participating in cross-border transactions.