KARACHI: The State Bank of Pakistan (SBP) has unveiled the foreign exchange rates for customers on July 05, 2022. These rates, based on the weighted average rates of commercial banks, play a significant role in guiding transactions involving foreign currencies and are essential for individuals and businesses engaged in international trade.
The data shared by the SBP is compiled and disseminated for informational purposes only. These exchange rates are estimates quoted by various commercial banks to their clients, serving as indicative values in the foreign exchange market. Commercial banks use these rates as benchmarks for commercial transactions with their customers.
As of July 05, 2022, the buying and selling rates for various foreign currencies in Pakistani Rupees (PKR) are as follows:
• AED (United Arab Emirates Dirham):
• Buying: PKR 56.0504
• Selling: PKR 56.1622
• AUD (Australian Dollar):
• Buying: PKR 141.1117
• Selling: PKR 141.3792
• CAD (Canadian Dollar):
• Buying: PKR 160.1008
• Selling: PKR 160.4022
• CHF (Swiss Franc):
• Buying: PKR 214.2139
• Selling: PKR 214.6427
• CNY (Chinese Yuan):
• Buying: PKR 30.7522
• Selling: PKR 30.8091
• EUR (Euro):
• Buying: PKR 214.6678
• Selling: PKR 215.1115
• GBP (British Pound):
• Buying: PKR 249.1657
• Selling: PKR 249.6751
• JPY (Japanese Yen):
• Buying: PKR 1.5105
• Selling: PKR 1.5135
• SAR (Saudi Riyal):
• Buying: PKR 54.8262
• Selling: PKR 54.9343
• USD (United States Dollar):
• Buying: PKR 205.7335
• Selling: PKR 206.1563
Market participants, including travelers and businesses involved in international transactions, can use these rates as a reference for their financial activities. It is important to note that foreign exchange rates are subject to market fluctuations, and individuals are advised to check with their respective banks or financial institutions for the most accurate and up-to-date rates. The SBP’s customer forex rates contribute to transparency in the foreign exchange market, aiding stakeholders in making informed decisions.
