KARACHI: The State Bank of Pakistan (SBP) has issued the foreign exchange rates for customers on July 15, 2022, based on the weighted average rates of commercial banks.
The release of these rates provides valuable information to individuals and businesses engaged in foreign exchange transactions.
The data presented by the SBP is compiled and disseminated for informational purposes only. These exchange rates are estimates quoted by various commercial banks to their clients, reflecting the prevailing market conditions. The rates serve as indicative values, and commercial banks use them to guide commercial transactions with their customers.
As of July 15, 2022, the buying and selling rates for various foreign currencies in Pakistani Rupees (PKR) are as follows:
• AED (United Arab Emirates Dirham):
• Buying: PKR 57.1419
• Selling: PKR 57.2537
• AUD (Australian Dollar):
• Buying: PKR 141.1956
• Selling: PKR 141.4612
• CAD (Canadian Dollar):
• Buying: PKR 159.9032
• Selling: PKR 160.2053
• CHF (Swiss Franc):
• Buying: PKR 213.3463
• Selling: PKR 213.7565
• CNY (Chinese Yuan):
• Buying: PKR 31.0406
• Selling: PKR 31.0979
• EUR (Euro):
• Buying: PKR 210.2380
• Selling: PKR 210.6654
• GBP (British Pound):
• Buying: PKR 247.9999
• Selling: PKR 248.4853
• JPY (Japanese Yen):
• Buying: PKR 1.5099
• Selling: PKR 1.5128
• SAR (Saudi Riyal):
• Buying: PKR 55.8830
• Selling: PKR 55.9905
• USD (United States Dollar):
• Buying: PKR 209.7389
• Selling: PKR 210.1613
These rates provide a snapshot of the exchange values for major foreign currencies against the Pakistani Rupee. Individuals and businesses engaged in international trade, travel, and other cross-border transactions can use this information as a reference for their financial activities.
It’s important to note that foreign exchange rates can fluctuate based on various factors such as market demand, geopolitical events, and economic indicators. The SBP’s release of these rates contributes to transparency in the foreign exchange market, enabling stakeholders to make informed decisions in their financial dealings.
For the most accurate and up-to-date rates, individuals and businesses are advised to check with their respective banks or financial institutions. The SBP’s customer forex rates serve as a valuable resource for market participants navigating the complexities of the global currency exchange landscape.
