KARACHI, May 23, 2022 — The State Bank of Pakistan (SBP) has unveiled the foreign exchange rates for customers on Monday, May 23, 2022. These rates, determined based on the weighted average rates of commercial banks, offer valuable insights into the current state of the foreign exchange market.
The SBP has clarified that the data is compiled and disseminated solely for informational purposes. These exchange rates represent estimates quoted by various commercial banks to their clients, serving as reference points for indicative exchange rates set by banks to facilitate commercial transactions with their customers.
The buying and selling rates for various foreign currencies in Pakistani Rupee (PKR) are detailed as follows:
• AED (United Arab Emirates Dirham):
• Buying Rate: 54.7157 PKR
• Selling Rate: 54.8259 PKR
• AUD (Australian Dollar):
• Buying Rate: 142.7392 PKR
• Selling Rate: 143.0347 PKR
• CAD (Canadian Dollar):
• Buying Rate: 157.0093 PKR
• Selling Rate: 157.3189 PKR
• CHF (Swiss Franc):
• Buying Rate: 206.6147 PKR
• Selling Rate: 207.0357 PKR
• CNY (Chinese Yuan):
• Buying Rate: 30.1549 PKR
• Selling Rate: 30.2139 PKR
• EUR (Euro):
• Buying Rate: 212.9140 PKR
• Selling Rate: 213.3617 PKR
• GBP (British Pound):
• Buying Rate: 252.2338 PKR
• Selling Rate: 252.7474 PKR
• JPY (Japanese Yen):
• Buying Rate: 1.5723 PKR
• Selling Rate: 1.5755 PKR
• SAR (Saudi Riyal):
• Buying Rate: 53.5476 PKR
• Selling Rate: 53.6541 PKR
• USD (United States Dollar):
• Buying Rate: 200.8304 PKR
• Selling Rate: 201.2532 PKR
Market participants and businesses are advised to consider these indicative rates, recognizing their role as references that may be subject to market fluctuations. The SBP emphasizes that these rates are intended for informational purposes only, underscoring the importance of staying informed for sound financial decision-making.
