Foreign Exchange Rates

APP

Karachi: On Tuesday, the Exchange Rates Committee of the Financial Markets Association of Pakistan released the following bulletin on exchange rates:

CONVERSION RATES FOR FOREIGN CURRENCY FOR FORWARD COVER FOR DEPOSITS (EXCLUDING FE 25 DEPOSITS) ON May 14, 2024

Settlement value date by SBP: May 16, 2024                                  

     USD      278.0903

     GBP      348.2525 

     EUR      299.6145 

     JPY        1.7839