Karachi, November 13, 2023 – The State Bank of Pakistan (SBP) has released the foreign currency rates for November 13, 2023, providing insight into the exchange rates against the Pakistan Rupee (PKR).
The rates, based on the weighted average rates of commercial banks, reflect the buying and selling prices for various foreign currencies.
Here is the breakdown of the buying and selling rates for key currencies on November 13, 2023:
• AED (United Arab Emirates Dirham):
• Buying: 78.2596 PKR
• Selling: 78.3732 PKR
• AUD (Australian Dollar):
• Buying: 182.7946 PKR
• Selling: 183.0768 PKR
• CAD (Canadian Dollar):
• Buying: 207.9884 PKR
• Selling: 208.3019 PKR
• CHF (Swiss Franc):
• Buying: 318.4506 PKR
• Selling: 318.9611 PKR
• CNY (Chinese Yuan):
• Buying: 39.3778 PKR
• Selling: 39.4298 PKR
• EUR (Euro):
• Buying: 307.0830 PKR
• Selling: 307.5593 PKR
• GBP (British Pound Sterling):
• Buying: 351.4496 PKR
• Selling: 351.9826 PKR
• JPY (Japanese Yen):
• Buying: 1.8926 PKR
• Selling: 1.8954 PKR
• SAR (Saudi Riyal):
• Buying: 76.5827 PKR
• Selling: 76.6975 PKR
• USD (United States Dollar):
• Buying: 287.2230 PKR
• Selling: 287.6627 PKR
The release of these rates plays a crucial role in facilitating international trade, investments, and financial transactions. The exchange rates provided by the SBP are indicative of the value of the Pakistani Rupee against major global currencies. Businesses, traders, and individuals can use this information to make informed decisions regarding currency exchanges and financial transactions in the global market.
It’s essential for the public and stakeholders to stay updated on these currency rates, as they can have a significant impact on various economic activities and individual financial planning. The SBP regularly updates and publishes these rates to ensure transparency and accessibility of information in the foreign exchange market.