KARACHI: On June 03, 2022, the State Bank of Pakistan (SBP) issued the foreign exchange rates for customers, providing insight into the values of various currencies in Pakistani Rupees (PKR).
These rates, based on the weighted average rates of commercial banks, serve as estimates quoted by banks to their clients for informational purposes.
The indicative exchange rates for commercial transactions with customers are as follows:
• AED (United Arab Emirates Dirham):
• Buying: PKR 53.8304
• Selling: PKR 53.9415
• AUD (Australian Dollar):
• Buying: PKR 143.3811
• Selling: PKR 143.6903
• CAD (Canadian Dollar):
• Buying: PKR 157.2223
• Selling: PKR 157.5380
• CHF (Swiss Franc):
• Buying: PKR 206.2945
• Selling: PKR 206.7097
• CNY (Chinese Yuan):
• Buying: PKR 29.6940
• Selling: PKR 29.7527
• EUR (Euro):
• Buying: PKR 212.5002
• Selling: PKR 212.9524
• GBP (British Pound):
• Buying: PKR 248.4312
• Selling: PKR 248.9462
• JPY (Japanese Yen):
• Buying: PKR 1.5214
• Selling: PKR 1.5246
• SAR (Saudi Riyal):
• Buying: PKR 52.6853
• Selling: PKR 52.7926
• USD (United States Dollar):
• Buying: PKR 197.5790
• Selling: PKR 198.0018
These rates play a crucial role for businesses and individuals involved in international transactions, guiding them in their financial activities. It’s important to note that foreign exchange rates are subject to market fluctuations, and individuals should verify the latest rates with their respective banks or financial institutions for the most accurate and up-to-date information. The SBP’s regular release of customer forex rates contributes to transparency in the foreign exchange market, aiding informed decision-making.
