SBP’s customer exchange rates – April 22, 2022

SBP’s customer exchange rates – April 22, 2022

KARACHI, April 22, 2022 – The State Bank of Pakistan (SBP) has issued the official exchange rates for customers on Friday, April 22, 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 emphasized 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 22, 2022:

• AED (United Arab Emirates Dirham):

• Buying: PKR 51.0854

• Selling: PKR 51.1965

• AUD (Australian Dollar):

• Buying: PKR 137.5966

• Selling: PKR 137.9051

• CAD (Canadian Dollar):

• Buying: PKR 148.8450

• Selling: PKR 149.1609

• CHF (Swiss Franc):

• Buying: PKR 196.6414

• Selling: PKR 197.0741

• CNY (Chinese Yuan):

• Buying: PKR 28.9954

• Selling: PKR 29.0554

• EUR (Euro):

• Buying: PKR 203.3843

• Selling: PKR 203.8295

• GBP (British Pound):

• Buying: PKR 244.2465

• Selling: PKR 244.7904

• JPY (Japanese Yen):

• Buying: PKR 1.4631

• Selling: PKR 1.4664

• SAR (Saudi Riyal):

• Buying: PKR 50.0053

• Selling: PKR 50.1127

• USD (United States Dollar):

• Buying: PKR 187.5081

• Selling: PKR 187.9309

The SBP’s provision of exchange rates is crucial for maintaining 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.