KARACHI: On June 02, 2022, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, providing insights into the values of various currencies in Pakistani Rupees (PKR).
These rates are based on the weighted average rates of commercial banks and are intended for information purposes only. Commercial banks use these estimates when quoting rates to their clients for commercial transactions.
The indicative exchange rates for commercial transactions with customers are as follows:
• AED (United Arab Emirates Dirham):
• Buying: PKR 53.7712
• Selling: PKR 53.8832
• AUD (Australian Dollar):
• Buying: PKR 141.4170
• Selling: PKR 141.6955
• CAD (Canadian Dollar):
• Buying: PKR 155.8170
• Selling: PKR 156.1236
• CHF (Swiss Franc):
• Buying: PKR 205.2048
• Selling: PKR 205.6236
• CNY (Chinese Yuan):
• Buying: PKR 29.5120
• Selling: PKR 29.5703
• EUR (Euro):
• Buying: PKR 210.4872
• Selling: PKR 210.9397
• GBP (British Pound):
• Buying: PKR 246.5470
• Selling: PKR 247.0595
• JPY (Japanese Yen):
• Buying: PKR 1.5183
• Selling: PKR 1.5214
• SAR (Saudi Riyal):
• Buying: PKR 52.6248
• Selling: PKR 52.7338
• USD (United States Dollar):
• Buying: PKR 197.3663
• Selling: PKR 197.7891
These rates serve as a valuable reference for businesses and individuals involved in international transactions, guiding them in their financial activities. As foreign exchange rates are subject to market fluctuations, individuals are encouraged to verify the latest rates with their respective banks or financial institutions for the most accurate and up-to-date information. The SBP’s consistent release of customer forex rates contributes to transparency in the foreign exchange market, enabling informed decision-making.
