Stay informed about the exchange rates between the Pakistani Rupee (PKR) and the Euro (EUR) on June 20, 2023.
These rates are subject to change throughout the day, influenced by market dynamics and foreign currency demand. The buying and selling rates play a vital role in foreign currency transactions for individuals and financial institutions.
Key Details:
Buying Rate: Rs 313.80 per Euro (EUR)
Selling Rate: Rs 317.00 per Euro (EUR)
Time of Update: 08:00 AM Pakistan Standard Time (PST)
Explanation:
The buying rate signifies the rate at which exchange companies or banks purchase foreign currency from customers. On June 20, 2023, the buying rate for one Euro (EUR) in Pakistani Rupees (PKR) stood at Rs 313.80 in the open market.
Conversely, the selling rate indicates the rate at which exchange companies or banks sell foreign currency to customers. On the same day, the selling rate for one Euro (EUR) in Pakistani Rupees (PKR) was Rs 317.00 in the open market.
Currency rates are highly dynamic and are influenced by various factors, including market forces and foreign currency demand. It is essential to stay updated as these rates can change throughout the day.
Conclusion:
On June 20, 2023, the exchange rates between the Pakistani Rupee (PKR) and the Euro (EUR) witnessed fluctuations in the open market. The buying rate was Rs 313.80 per EUR, indicating the rate at which foreign currency was purchased, while the selling rate stood at Rs 317.00 per EUR, indicating the rate at which foreign currency was sold. Individuals and financial institutions involved in foreign currency transactions should remain aware of these rates, as they are subject to change based on market forces and foreign currency demand.
