KARACHI: On June 09, 2022, the State Bank of Pakistan (SBP) published the foreign exchange rates for customers based on the weighted average rates of commercial banks.
These rates serve as essential benchmarks for individuals and businesses involved in international transactions, providing insights into the current currency values.
The SBP clarified that the data is compiled and shared for informational purposes only. These exchange rates are indicative estimates presented by various commercial banks to their clients. Commercial banks utilize these rates as reference points for determining their own exchange rates in various commercial transactions with customers.
As of June 09, 2022, the buying and selling rates for various foreign currencies in Pakistani Rupees (PKR) are as follows:
• AED (United Arab Emirates Dirham):
• Buying: PKR 54.9817
• Selling: PKR 55.0928
• AUD (Australian Dollar):
• Buying: PKR 144.8060
• Selling: PKR 145.0971
• CAD (Canadian Dollar):
• Buying: PKR 160.5660
• Selling: PKR 160.8892
• CHF (Swiss Franc):
• Buying: PKR 206.2998
• Selling: PKR 206.7186
• CNY (Chinese Yuan):
• Buying: PKR 30.2169
• Selling: PKR 30.2756
• EUR (Euro):
• Buying: PKR 216.3256
• Selling: PKR 216.7779
• GBP (British Pound):
• Buying: PKR 252.6547
• Selling: PKR 253.1788
• JPY (Japanese Yen):
• Buying: PKR 1.5075
• Selling: PKR 1.5106
• SAR (Saudi Riyal):
• Buying: PKR 53.7993
• Selling: PKR 53.9065
• USD (United States Dollar):
• Buying: PKR 201.8098
• Selling: PKR 202.2326
These rates provide valuable information for individuals and businesses engaging in international financial transactions. 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 release of customer forex rates contributes to transparency in the foreign exchange market, facilitating informed decision-making for financial activities.
