Karachi, April 06, 2022 – The State Bank of Pakistan (SBP) has released the latest exchange rates for foreign currencies against the Pakistani Rupee (PKR) on Wednesday, April 06, 2022.
These rates, calculated on the basis of weighted average rates of commercial banks, provide valuable insights for businesses and individuals engaged in international transactions.
The SBP emphasized that the data is compiled and disseminated solely for informational purposes. The exchange rates presented are indicative estimates quoted by various commercial banks to their clients, serving as a reference point for commercial transactions.
Here are the buying and selling rates for major foreign currencies in PKR, as provided by commercial banks:
• AED (United Arab Emirates Dirham):
• Buying: 50.6421 PKR
• Selling: 50.7526 PKR
• AUD (Australian Dollar):
• Buying: 140.8354 PKR
• Selling: 149.0046 PKR
• CAD (Canadian Dollar):
• Buying: 148.6868 PKR
• Selling: 148.6315 PKR
• CHF (Swiss Franc):
• Buying: 199.4471 PKR
• Selling: 199.8785 PKR
• CNY (Chinese Yuan):
• Buying: 29.2034 PKR
• Selling: 29.2636 PKR
• EUR (Euro):
• Buying: 202.3937 PKR
• Selling: 202.8509 PKR
• GBP (British Pound Sterling):
• Buying: 242.7887 PKR
• Selling: 243.3324 PKR
• JPY (Japanese Yen):
• Buying: 1.4997 PKR
• Selling: 1.5030 PKR
• SAR (Saudi Riyal):
• Buying: 49.5607 PKR
• Selling: 49.6670 PKR
• USD (United States Dollar):
• Buying: 185.8837 PKR
• Selling: 186.3065 PKR
The SBP underscores that these rates are subject to market fluctuations and external economic factors. As such, individuals and businesses involved in international trade are advised to stay abreast of these exchange rates to make well-informed financial decisions.
The central bank further encourages transparency in foreign exchange dealings, urging commercial banks to adhere to the quoted rates for commercial transactions. This commitment to openness aims to maintain a stable and efficient financial environment, fostering trust and confidence in the foreign exchange market.
As the global economic landscape continues to evolve, the SBP remains dedicated to providing accurate and timely information, supporting financial stability, and facilitating international trade for the benefit of the Pakistani economy. Stakeholders are urged to consult official channels and financial institutions for the most up-to-date exchange rate information.
