AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi: The State Bank of Pakistan released its latest data on exchange rates, revealing slight shifts in the buying and selling rates of major currencies. According to the Domestic Markets and Monetary Management Department, the rates reflect the weighted average customer exchange rates as of the latest report.
The US Dollar (USD) continues to be a key currency, with a buying rate of 280.6634 and a selling rate of 281.0953. This positions the USD as one of the most stable currencies in the current market landscape.
The Euro (EUR) is being bought at 323.2811 and sold at 323.7816, while the British Pound (GBP) shows a buying rate of 375.6219 and a selling rate of 376.2206. Both currencies indicate slight variances that market analysts will continue to monitor.
Other significant currencies include the Canadian Dollar (CAD), with buying and selling rates of 203.3887 and 203.6965, respectively, and the Australian Dollar (AUD), which is being bought at 180.1499 and sold at 180.4401.
The Swiss Franc (CHF) is listed with a buying rate of 347.0763 and a selling rate of 347.6299, while the Chinese Yuan (CNY) is at 38.5180 for buying and 38.5685 for selling.
The Japanese Yen (JPY), often closely observed due to its historically stable nature, is being bought at 1.9938 and sold at 1.9969.
The exchange rates also cover the United Arab Emirates Dirham (AED) and the Saudi Riyal (SAR), with buying rates at 76.4130 and 74.8036, and selling rates at 76.5214 and 74.9153, respectively.
This data, sourced directly from the State Bank of Pakistan, serves as a critical reference for businesses and individuals engaged in foreign exchange transactions.