Interbank Rate Today in Pakistan – 16 August 2023

The Interbank Closing Exchange Rate in Pakistan has been issued by the State Bank of Pakistan (SBP) for August 16, 2023.

At the Closing of the Trading Session in the Interbank Market on August 16, 2023, the US Dollar (USD) settled at 294.93 against the Pakistani Rupee (PKR), appreciating by 1.17 percent.

PKR fell (2.53%, PKR 7.5) against $ in last four trading sessions consecutively. Today’s closing at 294.93, down 1.16% DoD (2nd lowest level since record low of 298.93 on 11-May’23).

-2.81% MTD
-23.23% CYTD
-3.03% FYTD@StateBank_Pak#SBP #Pakistan #Economy #AHL pic.twitter.com/w92U6X8PHQ

— Arif Habib Limited (@ArifHabibLtd) August 16, 2023

Euro (EUR) stood at Rs 322.36, the British Pound (GBP) at Rs 376.12, the Canadian Dollar (CAD) at Rs 218.78, the Australian Dollar (AUD) at Rs 191.02, the UAE Dirham (AED) at Rs 80.29, the Saudi Riyal (SAR) at Rs 78.64, the Chinese Yuan (CNY) at Rs 40.45, and the Turkish Lira (TRY) at Rs 10.89.

Exchange Rates against Pakistani Rupees Today

• USD to PKR – USD/PKR (1 US Dollar equals 294.93 Pakistani Rupees)
• EUR to PKR – EUR/PKR (1 Euro equals 322.36 Pakistani Rupees)
• GBP to PKR – GBP/PKR (1 British Pound equals 376.12 Pakistani Rupees)
• CAD to PKR – CAD/PKR (1 Canadian Dollar equals 218.78 Pakistani Rupees)
• AUD to PKR – AUD/PKR (1 Australian Dollar equals 191.02 Pakistani Rupees)
• AED to PKR – AED/PKR (1 UAE Dirham equals 80.29 Pakistani Rupees)
• SAR to PKR – SAR/PKR (1 Saudi Riyal equals 78.64 Pakistani Rupees)
• CNY to PKR – CNY/PKR (1 Chinese Yuan equals 40.45 Pakistani Rupees)
• TRY to PKR- TRY/PKR (1 Turkish Lira equals 10.89 Pakistani Rupees)

Interbank Exchange Rate in Pakistan Today

It’s worth noting that like elsewhere around the Pakistan, exchange rates are not fixed in Pakistan as well and they can fluctuate everyday due to a variety of factors including market forces, interest rates, inflation, political & economic stability, and speculation.