Karachi, August 12, 2023 – The open market exchange rates for major foreign currencies against the Pakistani Rupee (PKR) were updated at 9:00 AM (Pakistan Standard Time) on Saturday, August 12, 2023. These rates are provided by currency dealers and serve as a reference for both individual and business transactions involving foreign currency in Pakistan.
Here are the latest buying and selling rates of key foreign currencies:
| Currency | Buying (PKR) | Selling (PKR) |
| US Dollar (USD) | 293.00 | 296.00 |
| Saudi Riyal (SAR) | 78.60 | 79.50 |
| UAE Dirham (AED) | 82.70 | 83.50 |
| Euro (EUR) | 323.70 | 327.00 |
| British Pound (GBP) | 375.00 | 379.00 |
| Japanese Yen (JPY) | 1.94 | 2.00 |
| Swiss Franc (CHF) | 327.47 | 329.97 |
| Danish Krone (DKK) | 42.50 | 42.90 |
| Norwegian Krone (NOK) | 28.09 | 28.39 |
| Swedish Krona (SEK) | 26.85 | 27.15 |
| Australian Dollar (AUD) | 200.00 | 203.00 |
| Canadian Dollar (CAD) | 220.00 | 223.00 |
| Indian Rupee (INR) | 3.47 | 3.58 |
| Chinese Yuan (CNY) | 43.00 | 45.00 |
| Afghan Afghani (AFN) | — | — |
These rates reflect the average prices at which foreign currency is being bought and sold in Pakistan’s open market. However, it’s essential to note that exchange rates are subject to frequent changes due to fluctuations in global foreign exchange markets, shifts in demand and supply, and the impact of international political and economic developments.
Individuals planning to buy or sell foreign currency for travel, investment, or remittance purposes are advised to check the most recent rates from reliable exchange dealers or financial institutions. Staying updated with real-time foreign currency rates helps consumers make informed financial decisions and avoid losses due to unexpected currency movements.