KARACHI: The State Bank of Pakistan (SBP) on Monday issued customers’ exchange rates for May 16, 2022. The exchange rate is on the basis of weighted average rates of commercial banks.
The SBP said the data is compiled and disseminated for information only. These exchange rates are estimates that quoted by various commercial banks to their clients.
The banks provide their indicative exchange rates for commercial transactions with customers.
Following are the buying and selling of foreign currencies in Pakistan Rupee (PKR):