SBP’s customer forex rates – July 06, 2022

SBP’s customer forex rates – July 06, 2022

KARACHI: The State Bank of Pakistan (SBP) has published the foreign exchange rates for customers on July 06, 2022. These rates, based on the weighted average rates of commercial banks, serve as important indicators for individuals and businesses engaged in international trade and financial transactions.

The data issued by the SBP is compiled and disseminated for informational purposes only. These exchange rates are estimates provided by various commercial banks to their clients, acting as indicative values in the foreign exchange market. These rates guide commercial transactions between banks and their customers.

As of July 06, 2022, the buying and selling rates for various foreign currencies in Pakistani Rupees (PKR) are as follows:

• AED (United Arab Emirates Dirham):

• Buying: PKR 56.5014

• Selling: PKR 56.6122

• AUD (Australian Dollar):

• Buying: PKR 140.9764

• Selling: PKR 141.2531

• CAD (Canadian Dollar):

• Buying: PKR 159.0218

• Selling: PKR 159.3268

• CHF (Swiss Franc):

• Buying: PKR 214.1918

• Selling: PKR 214.6122

• CNY (Chinese Yuan):

• Buying: PKR 30.9357

• Selling: PKR 30.9926

• EUR (Euro):

• Buying: PKR 212.7334

• Selling: PKR 213.1676

• GBP (British Pound):

• Buying: PKR 247.7169

• Selling: PKR 248.2222

• JPY (Japanese Yen):

• Buying: PKR 1.5325

• Selling: PKR 1.5355

• SAR (Saudi Riyal):

• Buying: PKR 55.2529

• Selling: PKR 55.3601

• USD (United States Dollar):

• Buying: PKR 207.3838

• Selling: PKR 207.8066

These rates provide valuable information for individuals and businesses involved 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.