KARACHI: On June 20, 2022, the State Bank of Pakistan (SBP) unveiled the foreign exchange rates for customers.
These rates, based on the weighted average rates of commercial banks, provide valuable information for individuals and businesses engaged in international financial transactions.
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, serving as 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 20, 2022, the buying and selling rates for various foreign currencies in Pakistani Rupees (PKR) are as follows:
• AED (United Arab Emirates Dirham):
• Buying: PKR 57.1774
• Selling: PKR 57.2886
• AUD (Australian Dollar):
• Buying: PKR 146.2435
• Selling: PKR 146.5215
• CAD (Canadian Dollar):
• Buying: PKR 161.4512
• Selling: PKR 161.7618
• CHF (Swiss Franc):
• Buying: PKR 217.3554
• Selling: PKR 217.7888
• CNY (Chinese Yuan):
• Buying: PKR 31.4383
• Selling: PKR 31.4965
• EUR (Euro):
• Buying: PKR 221.0257
• Selling: PKR 221.4709
• GBP (British Pound):
• Buying: PKR 256.8734
• Selling: PKR 257.3825
• JPY (Japanese Yen):
• Buying: PKR 1.5556
• Selling: PKR 1.5586
• SAR (Saudi Riyal):
• Buying: PKR 55.9411
• Selling: PKR 56.0484
• USD (United States Dollar):
• Buying: PKR 209.8706
• Selling: PKR 210.2934
These rates provide essential information for individuals and businesses involved in international financial activities. Foreign exchange rates are subject to market fluctuations, and individuals are encouraged 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, aiding stakeholders in making informed decisions for their financial transactions.
