KARACHI: The State Bank of Pakistan (SBP) has published the foreign exchange rates for customers on June 28, 2022.
These rates, calculated based on the weighted average rates of commercial banks, play a vital role in guiding individuals and businesses involved in cross-border transactions.
The data shared by the SBP is compiled and disseminated for informational purposes only. These exchange rates are estimates provided by various commercial banks to their clients and act 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 28, 2022, the buying and selling rates for various foreign currencies in Pakistani Rupees (PKR) are as follows:
• AED (United Arab Emirates Dirham):
• Buying: PKR 56.4363
• Selling: PKR 56.5471
• AUD (Australian Dollar):
• Buying: PKR 143.8631
• Selling: PKR 144.1442
• CAD (Canadian Dollar):
• Buying: PKR 161.2857
• Selling: PKR 161.6032
• CHF (Swiss Franc):
• Buying: PKR 216.7121
• Selling: PKR 217.1411
• CNY (Chinese Yuan):
• Buying: PKR 30.9954
• Selling: PKR 31.0532
• EUR (Euro):
• Buying: PKR 219.2446
• Selling: PKR 219.6922
• GBP (British Pound):
• Buying: PKR 254.2590
• Selling: PKR 254.7742
• JPY (Japanese Yen):
• Buying: PKR 1.5289
• Selling: PKR 1.5320
• SAR (Saudi Riyal):
• Buying: PKR 55.2001
• Selling: PKR 55.3067
• USD (United States Dollar):
• Buying: PKR 207.1537
• Selling: PKR 207.5765
These rates serve as crucial information for individuals and businesses engaged in international financial activities. Foreign exchange rates are subject to market fluctuations, and individuals are advised to confirm 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.
