SBP’s customer forex rates – July 04, 2022

SBP’s customer forex rates – July 04, 2022

KARACHI: The State Bank of Pakistan (SBP) has published the foreign exchange rates for customers on July 04, 2022.

These rates, based on the weighted average rates of commercial banks, serve as crucial benchmarks for individuals and businesses involved in international transactions.

The data provided by the SBP is compiled and disseminated for informational purposes only. These exchange rates are estimates quoted by various commercial banks to their clients, acting as indicative values in the foreign exchange market. Commercial banks rely on these rates as a basis for their indicative exchange rates in commercial transactions with customers.

As of July 04, 2022, the buying and selling rates for various foreign currencies in Pakistani Rupees (PKR) are as follows:

• AED (United Arab Emirates Dirham):

• Buying: PKR 55.5770

• Selling: PKR 55.6888

• AUD (Australian Dollar):

• Buying: PKR 139.3795

• Selling: PKR 139.6499

• CAD (Canadian Dollar):

• Buying: PKR 158.4438

• Selling: PKR 158.7529

• CHF (Swiss Franc):

• Buying: PKR 212.7675

• Selling: PKR 213.1882

• CNY (Chinese Yuan):

• Buying: PKR 30.5009

• Selling: PKR 30.5578

• EUR (Euro):

• Buying: PKR 212.8560

• Selling: PKR 213.2884

• GBP (British Pound):

• Buying: PKR 246.9172

• Selling: PKR 247.4144

• JPY (Japanese Yen):

• Buying: PKR 1.5074

• Selling: PKR 1.5105

• SAR (Saudi Riyal):

• Buying: PKR 54.3727

• Selling: PKR 54.4815

• USD (United States Dollar):

• Buying: PKR 203.9960

• Selling: PKR 204.4188

These rates offer valuable information for individuals and businesses engaged in international financial activities. Foreign exchange rates are subject to market fluctuations, and individuals are encouraged to verify the latest rates with their respective banks or financial institutions for accurate and up-to-date information. The SBP’s customer forex rates contribute to transparency in the foreign exchange market, assisting stakeholders in making well-informed decisions for their financial dealings.