State Bank of Pakistan Releases New Exchange Rates for Major Currencies

Karachi: The State Bank of Pakistan has released the latest weighted average customer exchange rates for a range of currencies, reflecting current market conditions. The rates, effective February 17, 2025, indicate the buying and selling prices for currencies including the U.S. dollar, euro, and British pound.

According to a statement by State Bank of Pakistan, the exchange rate for the U.S. dollar stands at 279.0474 for buying and 279.4793 for selling. The euro is listed with a buying rate of 292.4934 and a selling rate of 292.9436. The British pound shows a buying rate of 351.4254 and a selling rate of 351.9802.

Additional currencies listed include the Australian dollar, Canadian dollar, Swiss franc, and Japanese yen, among others. The exchange rates are part of the bank’s regular updates aimed at providing transparent and up-to-date information to financial markets and the general public.

The release of exchange rates is a routine function of the State Bank’s Domestic Markets and Monetary Management Department, which plays a role in ensuring the stability and efficiency of Pakistan’s monetary policy and market operations.

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