Currency Rates in Pakistan 11th July 2023

Inter Bank Rates

Pakistan Inter Bank Rates

View latest Inter Bank currency rates in Pakistan for all major currencies including US Dollar, USD to PKRPakistan Inter bank currency prices are maintained by Pakistani Banks including State bank of Pakistan, National Bank and other Government Banks. We do provide uptodate Interbank exchange rates in Pakistan today for foreign currencies like PKR to USD and other currencies online.

As on Tue, July 11 2023, 12:00 PST (GMT+5)

CurrencySymbolBank Buying
TT Clean
Bank Selling
TT & OD
Charts
   Australian DollarAUD187.13187.46
   Canadian DollarCAD210.92211.29
   China YuanCNY38.9939.06
   Danish KroneDKK41.3641.44
   EuroEUR308.79309.35
   Hong Kong DollarHKD35.8935.95
   Japanese YenJPY1.991.99
   Saudi RiyalSAR74.6774.8
   Singapore DollarSGD208.45208.82
   Swedish KoronaSEK26.7726.22
   Swiss FrancCHF316.38316.95
   Thai BhatTHB8.028.03
   U.A.E DirhamAED76.7176.85
   UK Pound SterlingGBP360.28360.92
   US DollarUSD280.5281.5

Currency Open Market Rates in Pakistan

CurrencySymbolBuyingSellingCharts
AUD   Australian DollarAUD197.5200
BHD   Bahrain DinarBHD743.62751.62
CAD   Canadian DollarCAD216218
CNY   China YuanCNY38.6839.08
DKK   Danish KroneDKK41.2541.65
EUR   EuroEUR309312
HKD   Hong Kong DollarHKD35.7236.07
INR   Indian RupeeINR3.393.5
JPY   Japanese YenJPY1.911.98
KWD   Kuwaiti DinarKWD910.68919.67
MYR   Malaysian RinggitMYR59.8760.47
NZD   NewZealand $NZD173.56175.56
NOK   Norwegians KroneNOK26.6126.91
OMR   Omani RiyalOMR726.67734.67
QAR   Qatari RiyalQAR76.8177.51
SAR   Saudi RiyalSAR74.575
SGD   Singapore DollarSGD206208
SEK   Swedish KoronaSEK25.9126.21
CHF   Swiss FrancCHF315.27317.77
THB   Thai BhatTHB7.968.11
AED   U.A.E DirhamAED77.678.5
GBP   UK Pound SterlingGBP362367
USD   US DollarUSD282284.5

Open Market Rates in Pakistan

An open market is basically that market of any country to which all economic players have an access to and can do the trade without the tension of extraneous constraints. In easy words open market basically allows free trade between countries. In terms of banking, open market allows the transaction of assets between countries.

The word “open” in open market generally refers to the following characteristics of any market;

  • The extent of competition
  • Any sort / number of cultural constraints which might hinder the trade
  • The number of regulations, government imposes on these markets

Generally these are the constraints that make trade difficult. The lesser the impact of the following on market of any country, the more open is the market of that country. Open market gives equal opportunity to all economic players in the buying and selling of currency, goods, assets etc. An open market is free of tariffs, subsidies and levies, which ensures the participation of more entities in the market. The more open markets of the world are of Canada, Australia, Western Europe and USA whereas North Korea, Brazil and Cuba are comparatively closed markets, allowing lesser number of economic participants to trade in the market.

Currency Rates in Pakistan 11th July 2023

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