Here are the opening rates of foreign currencies in the Open market issued by the Exchange Companies Association of Pakistan:
FOREIGN CURRENCY RATES
| Currency | Buying Rate | Selling Rate |
|---|---|---|
| INTER BANK | 277.90 | 278.20 |
| USD | 278.15 | 280.90 |
| EURO | 299.25 | 302.35 |
| GBP | 349.20 | 352.65 |
| JPY | 1.81 | 1.90 |
| AED | 75.45 | 76.20 |
| SAR | 73.70 | 74.45 |
| CAD | 203.00 | 206.00 |
| AUD | 179.00 | 182.00 |
The following rates represent the exchange rates for various currencies against the Pakistani Rupee (PKR) as provided by the National Bank of Pakistan (NBP) on the specified Thursday:
- USD (United States Dollar):
- Selling: PKR 281.29
- Buying: PKR 275.22
- GBP (British Pound Sterling):
- Selling: PKR 355.27
- Buying: PKR 347.59
- EUR (Euro):
- Selling: PKR 304.44
- Buying: PKR 298.42
- JPY (Japanese Yen):
- Selling: PKR 1.8588
- Buying: PKR 1.8187
- SAR (Saudi Riyal):
- Selling: PKR 75.00
- Buying: PKR 73.38
- AED (United Arab Emirates Dirham):
- Selling: PKR 76.61
- Buying: PKR 74.93
These rates indicate the amount of Pakistani Rupees required to buy or sell one unit of each respective foreign currency.
Here are the exchange rates provided by the Treasury Management Division of the National Bank of Pakistan (NBP) for various currencies on the specified Thursday:
| SYMBOL | TT Selling | TT Buying |
|---|---|---|
| USD | 278.50 | 278.00 |
| EUR | 301.99 | 301.44 |
| JPY | 1.8404 | 1.8371 |
| GBP | 351.75 | 351.12 |
| CHF | 307.81 | 307.26 |
| CAD | 205.13 | 204.77 |
| AUD | 181.98 | 181.65 |
| SEK | 26.35 | 26.30 |
| NOK | 25.83 | 25.78 |
| DKK | 40.42 | 40.35 |
| NZD | 166.91 | 166.61 |
| SGD | 206.70 | 206.33 |
| HKD | 35.73 | 35.67 |
| KRW | 0.2068 | 0.2064 |
| CNY | 38.73 | 38.66 |
| MYR | 58.87 | 58.77 |
| THB | 7.66 | 7.64 |
| AED | 75.85 | 75.71 |
| SAR | 74.26 | 74.12 |
| QAR | 76.41 | 76.27 |
| KWD | 905.51 | 903.89 |
Additionally, the conversion rates for frozen foreign currency deposits on the specified settlement date (01-04-2024) are as follows:
- USD: 277.9725
- GBP: 350.8569
- EUR: 300.8496
- JPY: 1.8324
FINANCIAL MARKETS ASSOCIATION OF PAKISTAN
Following are the conversion rates issued by the Exchange Rates Committee of the Financial Markets Association of Pakistan for forward cover for deposits, excluding FE 25 deposits, with the SBP settlement value date of April 01, 2024:
- USD: 277.9725
- GBP: 350.8569
- EUR: 300.8496
- JPY: 1.8324
These rates indicate the conversion values for the respective foreign currencies on March 28, 2024, with settlement to be made on April 01, 2024.
