Business & Finance

PKR Exchange Rates Against Major Currencies on October 16, 2023

The State Bank of Pakistan (SBP) has released the interbank closing exchange rates for major currencies against the Pakistani Rupee (PKR) on October 16, 2023.

Currency Buy Rate Sell Rate

Currency Buy Rate        Sell Rate
AED         75.3271            75.4418
AUD       174.8648          175.1446
CAD        202.6687         202.9860
CHF         306.3704         306.8698
CNY           37.8441          37.8965
EUR          291.3273        291.7966
GBP          336.3354        336.8771
JPY               1.8489            1.8518
SAR            73.7051          73.8170
USD         276.4564         276.8962

The Pakistani currency exchange rates for different currencies, including the US Dollar, Saudi Riyal, UK Pound Sterling, UAE Dirham, European Euro, and other foreign currencies, were recorded on October 16, 2023 (Monday).

The forex markets in Pakistan are open from 9 am to 5 pm, and during this time, the rates may fluctuate. The final exchange rate of a currency for that day is issued at 5 pm. It’s worth noting that the closing rate of today will be the opening rate of every currency the next day.

To check the exchange rate for a particular foreign currency, look for the “Ready” section in the chart provided.

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