KARACHI, May 26, 2022 — The State Bank of Pakistan (SBP) has released the foreign exchange rates for customers on Thursday, May 26, 2022. These rates are calculated based on the weighted average rates of commercial banks operating in the country.
According to the SBP, the data is compiled and disseminated solely for informational purposes. The provided exchange rates are estimations quoted by various commercial banks to their clients. These rates serve as indicators for commercial transactions involving foreign currencies.
Commercial banks routinely provide indicative exchange rates to facilitate transactions with their customers engaged in international trade and financial activities. The buying and selling rates for various foreign currencies in Pakistani Rupee (PKR) are as follows:
• AED (United Arab Emirates Dirham):
• Buying Rate: 55.1194 PKR
• Selling Rate: 55.2287 PKR
• AUD (Australian Dollar):
• Buying Rate: 142.9735 PKR
• Selling Rate: 143.2601 PKR
• CAD (Canadian Dollar):
• Buying Rate: 157.5555 PKR
• Selling Rate: 157.8713 PKR
• CHF (Swiss Franc):
• Buying Rate: 210.1840 PKR
• Selling Rate: 210.6103 PKR
• CNY (Chinese Yuan):
• Buying Rate: 30.0224 PKR
• Selling Rate: 30.0800 PKR
• EUR (Euro):
• Buying Rate: 215.9618 PKR
• Selling Rate: 216.4043 PKR
• GBP (British Pound):
• Buying Rate: 254.1118 PKR
• Selling Rate: 254.6273 PKR
• JPY (Japanese Yen):
• Buying Rate: 1.5889 PKR
• Selling Rate: 1.5921 PKR
• SAR (Saudi Riyal):
• Buying Rate: 53.9374 PKR
• Selling Rate: 54.0434 PKR
• USD (United States Dollar):
• Buying Rate: 202.3113 PKR
• Selling Rate: 202.7341 PKR
These rates are subject to market fluctuations and provide a snapshot of the foreign exchange market in Pakistan. The SBP emphasizes that the rates are indicative and intended for informational purposes only, urging individuals and businesses engaged in foreign exchange transactions to stay informed for effective financial planning and decision-making.