Karachi, November 10, 2023: The State Bank of Pakistan (SBP) on Friday issued foreign currency rates for November 10, 2023.

The exchange rate is on the basis of weighted average rates of commercial banks. Following are the buying and selling of foreign currencies in Pakistan Rupee (PKR):

CURRENCY	BUYING	SELLING
AED – UAE Dirham	78.1858	78.3036
AUD – Australian Dollar	182.5453	182.8208
CAD – Canadian Dollar	207.9478	208.2669
CHF – Swiss Franc	317.4811	317.9792
CNY – Chinese Yuan	39.3666	39.4191
EUR – Euro	306.1001	306.5756
GBP – British Pound	350.7865	351.3178
JPY – Japanese Yen	1.8953	1.8981
SAR – Saudi Riyal	76.5068	76.6201
USD – US Dollar	286.9391	287.3789

The foreign exchange rates issued by the State Bank of Pakistan are based on the weighted average rates provided by commercial banks and are published for informational purposes.

Actual buying and selling rates offered to customers may vary depending on the bank, transaction size, and prevailing market conditions. Importers, exporters, overseas Pakistanis, and travelers are advised to verify the latest exchange rates with their respective banks before conducting foreign currency transactions.

Exchange rate movements are influenced by global economic developments, monetary policy decisions, foreign exchange market demand and supply, and geopolitical events.

Since currency values can fluctuate throughout the trading day, regular monitoring of exchange rates is essential for effective financial planning, international trade, and foreign currency conversions.