Karachi: The State Bank of Pakistan has released its latest report on the weighted average customer exchange rates, outlining the buying and selling rates for major currencies. According to the central bank's Domestic Markets and Monetary Management Department, fluctuations are observed across various currencies, reflecting the dynamic nature of the foreign exchange market.
The buying and selling rates for the United States Dollar (USD) stand at 281.8846 and 282.3165 respectively. The Euro (EUR) is reported at a buying rate of 321.9428 and a selling rate of 322.4326. Similarly, the British Pound (GBP) is listed with a buying rate of 381.1524 and a selling rate of 381.7419.
For other major currencies, the Australian Dollar (AUD) is recorded at 182.1194 for buying and 182.3991 for selling. The Canadian Dollar (CAD) shows a buying rate of 205.2546 and a selling rate of 205.5677.
The Swiss Franc (CHF) presents a buying rate of 344.5327 and a selling rate of 345.0752. Meanwhile, the Chinese Yuan (CNY) is evaluated at 39.1789 for buying and 39.2296 for selling. The Japanese Yen (JPY) is noted at 1.9720 for buying and 1.9750 for selling.
In the regional currency context, the Saudi Riyal (SAR) is valued with a buying rate of 75.1471 and a selling rate of 75.2572. The United Arab Emirates Dirham (AED) is positioned at a buying rate of 76.7532 and a selling rate of 76.8618.
These exchange rates are crucial for businesses, investors, and individuals involved in international transactions. The figures indicate the central bank's efforts to maintain a transparent and updated record of foreign exchange rates.