KARACHI: The State Bank of Pakistan (SBP) has disclosed the foreign exchange rates for customers on June 29, 2022.
These rates, computed based on the weighted average rates of commercial banks, serve as key benchmarks for individuals and businesses involved in international transactions.
The data shared by the SBP is compiled and disseminated for informational purposes only. These exchange rates are estimates quoted by various commercial banks to their clients, acting as indicative values in the foreign exchange market. Commercial banks rely on these rates as a basis for their indicative exchange rates in commercial transactions with customers.
As of June 29, 2022, the buying and selling rates for various foreign currencies in Pakistani Rupees (PKR) are as follows:
• AED (United Arab Emirates Dirham):
• Buying: PKR 55.8678
• Selling: PKR 55.9786
• AUD (Australian Dollar):
• Buying: PKR 141.5514
• Selling: PKR 141.8442
• CAD (Canadian Dollar):
• Buying: PKR 159.3539
• Selling: PKR 159.6716
• CHF (Swiss Franc):
• Buying: PKR 214.4427
• Selling: PKR 214.8715
• CNY (Chinese Yuan):
• Buying: PKR 30.6253
• Selling: PKR 30.6852
• EUR (Euro):
• Buying: PKR 215.6145
• Selling: PKR 216.0591
• GBP (British Pound):
• Buying: PKR 250.2438
• Selling: PKR 250.7557
• JPY (Japanese Yen):
• Buying: PKR 1.5089
• Selling: PKR 1.5119
• SAR (Saudi Riyal):
• Buying: PKR 54.6510
• Selling: PKR 54.7582
• USD (United States Dollar):
• Buying: PKR 205.0676
• Selling: PKR 205.4904
These rates provide valuable information for individuals and businesses engaged 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, assisting stakeholders in making well-informed decisions for their financial dealings.
