KARACHI: On June 15, 2022, the State Bank of Pakistan (SBP) published the foreign exchange rates for customers.
These rates, based on the weighted average rates of commercial banks, play a crucial role in facilitating international financial transactions for individuals and businesses.
The SBP emphasizes that the data is compiled and disseminated for informational purposes only. These exchange rates are estimates quoted by various commercial banks to their clients, providing indicative values in the foreign exchange market. Commercial banks utilize these rates as a reference for determining their indicative exchange rates in commercial transactions with customers.
As of June 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 56.1433
• Selling: PKR 56.2545
• AUD (Australian Dollar):
• Buying: PKR 142.3023
• Selling: PKR 142.5783
• CAD (Canadian Dollar):
• Buying: PKR 159.0825
• Selling: PKR 159.3890
• CHF (Swiss Franc):
• Buying: PKR 206.1598
• Selling: PKR 206.5697
• CNY (Chinese Yuan):
• Buying: PKR 30.6963
• Selling: PKR 30.7538
• EUR (Euro):
• Buying: PKR 215.6612
• Selling: PKR 216.1034
• GBP (British Pound):
• Buying: PKR 247.6261
• Selling: PKR 248.1308
• JPY (Japanese Yen):
• Buying: PKR 1.5288
• Selling: PKR 1.5319
• SAR (Saudi Riyal):
• Buying: PKR 54.9329
• Selling: PKR 55.0395
• USD (United States Dollar):
• Buying: PKR 206.0723
• Selling: PKR 206.4951
These rates are instrumental for individuals and businesses engaged in international financial activities. Foreign exchange rates are subject to market fluctuations, and individuals are advised to verify the latest rates with their respective banks or financial institutions for accurate and up-to-date information. The SBP’s customer forex rates contribute to transparency in the foreign exchange market, assisting stakeholders in making informed decisions for their financial transactions.
