KARACHI, May 24, 2022 — The State Bank of Pakistan (SBP) has disclosed the foreign exchange rates for customers on Tuesday, May 24, 2022. These rates are computed based on the weighted average rates of commercial banks, providing valuable insights into the prevailing conditions of the foreign exchange market.
The SBP has clarified that the data is compiled and disseminated exclusively for informational purposes. These exchange rates are estimates quoted by various commercial banks to their clients, and they serve as benchmarks for indicative exchange rates set by banks for facilitating commercial transactions with their customers.
The buying and selling rates for various foreign currencies in Pakistani Rupee (PKR) are outlined as follows:
• AED (United Arab Emirates Dirham):
• Buying Rate: 54.5721 PKR
• Selling Rate: 54.6831 PKR
• AUD (Australian Dollar):
• Buying Rate: 141.8631 PKR
• Selling Rate: 142.1462 PKR
• CAD (Canadian Dollar):
• Buying Rate: 156.4246 PKR
• Selling Rate: 156.7422 PKR
• CHF (Swiss Franc):
• Buying Rate: 207.3045 PKR
• Selling Rate: 207.7286 PKR
• CNY (Chinese Yuan):
• Buying Rate: 30.0383 PKR
• Selling Rate: 30.1027 PKR
• EUR (Euro):
• Buying Rate: 213.7450 PKR
• Selling Rate: 214.1949 PKR
• GBP (British Pound):
• Buying Rate: 251.8069 PKR
• Selling Rate: 252.3336 PKR
• JPY (Japanese Yen):
• Buying Rate: 1.5692 PKR
• Selling Rate: 1.5724 PKR
• SAR (Saudi Riyal):
• Buying Rate: 53.4087 PKR
• Selling Rate: 53.5147 PKR
• USD (United States Dollar):
• Buying Rate: 200.3048 PKR
• Selling Rate: 200.7276 PKR
Market participants and businesses are urged to take note of these indicative rates, recognizing their role as references subject to market dynamics. The SBP underscores that these rates are intended for informational purposes only, emphasizing the importance of staying informed for prudent financial decision-making.
