AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi: The State Bank of Pakistan has released its latest weighted average customer exchange rates, showing relative stability in the buying and selling rates of major international currencies. The report, published by the Domestic Markets and Monetary Management Department, provides a comprehensive overview of the exchange rates as the country navigates ongoing economic challenges.
The US dollar stands at a buying rate of 280.7210 and a selling rate of 281.1529, reflecting a steady position in the currency market. The euro is listed with a buying rate of 326.5395 and a selling rate of 327.0476, while the British pound is at 371.5618 for buying and 372.1448 for selling.
The exchange rates for other significant currencies include the United Arab Emirates dirham and the Saudi riyal. The dirham has a buying rate of 76.4925 and a selling rate of 76.6041. Meanwhile, the riyal is being bought at 74.8575 and sold at 74.9682.
The Australian and Canadian dollars are also part of the report, with buying rates of 185.4551 and 201.4466, respectively, and selling rates of 185.7444 and 201.7585.
The Swiss franc and Japanese yen, too, are included, with the franc at 353.2081 for buying and 353.7738 for selling. The yen is noted at a buying rate of 1.8454 and a selling rate of 1.8482.
These rates, sourced from the State Bank of Pakistan, offer insight into the current standing of the country’s currency exchange market. As Pakistan continues to address its economic situation, the stability in these rates is significant for both businesses and individuals engaging in foreign exchange transactions.