Karachi: The State Bank of Pakistan has released the latest weighted average customer exchange rates, revealing minor fluctuations in the buying and selling rates of major currencies. The update includes rates for the U.S. dollar, Euro, British pound, and several other currencies.
According to State Bank of Pakistan, the U.S. dollar is being bought at 276.8767 PKR and sold at 277.3018 PKR. The Euro's buying rate is 315.1360 PKR, while its selling rate stands at 315.6185 PKR. The British pound is being bought at 366.5864 PKR and sold at 367.1528 PKR. Other currencies such as the Japanese yen, Chinese yuan, and Australian dollar have also been listed with their respective rates.
The exchange rates serve as a critical reference for businesses and individuals engaged in foreign exchange transactions, impacting import-export activities and international travel. The State Bank of Pakistan periodically updates these rates to provide a transparent and reliable benchmark for currency conversion.