KARACHI: The State Bank of Pakistan (SBP) has published the foreign exchange rates for customers on May 31, 2022.
These rates are based on the weighted average rates of commercial banks and are provided for informational purposes only. Commercial banks utilize these estimates when quoting rates to their clients for commercial transactions.
The indicative exchange rates for commercial transactions with customers are as follows:
• AED (United Arab Emirates Dirham):
• Buying: PKR 54.1681
• Selling: PKR 54.2804
• AUD (Australian Dollar):
• Buying: PKR 142.9724
• Selling: PKR 143.2574
• CAD (Canadian Dollar):
• Buying: PKR 157.0043
• Selling: PKR 157.3103
• CHF (Swiss Franc):
• Buying: PKR 207.2149
• Selling: PKR 207.6349
• CNY (Chinese Yuan):
• Buying: PKR 29.8691
• Selling: PKR 29.9270
• EUR (Euro):
• Buying: PKR 213.6972
• Selling: PKR 214.1525
• GBP (British Pound):
• Buying: PKR 250.7589
• Selling: PKR 251.2869
• JPY (Japanese Yen):
• Buying: PKR 1.5548
• Selling: PKR 1.5580
• SAR (Saudi Riyal):
• Buying: PKR 53.0159
• Selling: PKR 53.1241
• USD (United States Dollar):
• Buying: PKR 198.8267
• Selling: PKR 199.2495
These rates are crucial for businesses and individuals engaged in international transactions, providing guidance for their financial activities. Since foreign exchange rates are subject to market fluctuations, individuals are advised to confirm the latest rates with their respective banks or financial institutions for the most accurate and up-to-date information. The SBP’s consistent release of customer forex rates contributes to transparency in the foreign exchange market, facilitating informed decision-making.
