KARACHI: The State Bank of Pakistan (SBP) has issued the foreign exchange rates for customers on July 13, 2022, based on the weighted average rates of commercial banks.
These rates play a crucial role in guiding transactions involving foreign currencies and are important for individuals and businesses engaged in international trade.
The data released by the SBP is compiled and shared for informational purposes only. These exchange rates are estimates provided by various commercial banks to their clients, serving as indicative values in the foreign exchange market. The rates are used by commercial banks to guide commercial transactions with their customers.
As of July 13, 2022, the buying and selling rates for various foreign currencies in Pakistani Rupees (PKR) are as follows:
• AED (United Arab Emirates Dirham):
• Buying: PKR 56.6619
• Selling: PKR 56.7727
• AUD (Australian Dollar):
• Buying: PKR 140.6196
• Selling: PKR 140.8906
• CAD (Canadian Dollar):
• Buying: PKR 159.7263
• Selling: PKR 160.0387
• CHF (Swiss Franc):
• Buying: PKR 211.7871
• Selling: PKR 212.2039
• CNY (Chinese Yuan):
• Buying: PKR 30.9576
• Selling: PKR 31.0149
• EUR (Euro):
• Buying: PKR 208.7675
• Selling: PKR 209.1812
• GBP (British Pound):
• Buying: PKR 247.7486
• Selling: PKR 248.2378
• JPY (Japanese Yen):
• Buying: PKR 1.5174
• Selling: PKR 1.5204
• SAR (Saudi Riyal):
• Buying: PKR 55.4149
• Selling: PKR 55.5226
• USD (United States Dollar):
• Buying: PKR 207.9900
• Selling: PKR 208.4128
Market participants, including travelers and businesses involved in international transactions, can use these rates as a reference for their financial activities. It is essential 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.
