Inter Bank Rates

Pakistan Inter Bank Rates

View latest Inter Bank currency rates in Pakistan for all major currencies including US Dollar, USD to PKR. Pakistan 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 4 2023, 12:00 PST (GMT+5)

Currency	Symbol	Bank Buying TT Clean	Bank Selling TT & OD	Charts
Australian Dollar	AUD	182.37	185.04
Canadian Dollar	CAD	206.97	210.01
China Yuan	CNY	39.57	39.67
Danish Krone	DKK	41.86	41.93
Euro	EUR	299.7	300.25
Hong Kong Dollar	HKD	36.66	36.72
Japanese Yen	JPY	1.92	1.89
Saudi Riyal	SAR	72.87	74.12
Singapore Dollar	SGD	211.71	212.08
Swedish Korona	SEK	26.73	26.77
Swiss Franc	CHF	305.08	309.59
Thai Bhat	THB	7.8	7.92
U.A.E Dirham	AED	74.48	75.61
UK Pound Sterling	GBP	348.07	353.17
US Dollar	USD	275	275.5

Currency Open Market Rates in Pakistan

Currency	Symbol	Buying	Selling	Charts
Australian Dollar	AUD	184.25	187
Bahrain Dinar	BHD	761.39	769.39
Canadian Dollar	CAD	210	213
China Yuan	CNY	37.5	38.8
Danish Krone	DKK	41.95	42.35
Euro	EUR	304.5	307
Hong Kong Dollar	HKD	36.53	36.88
Indian Rupee	INR	3.33	3.38
Japanese Yen	JPY	1.91	1.98
Kuwaiti Dinar	KWD	928.28	937.28
Malaysian Ringgit	MYR	58.14	60
NewZealand $	NZD	175.52	177.52
Norwegians Krone	NOK	26.72	27.02
Omani Riyal	OMR	743.59	751.59
Qatari Riyal	QAR	78.65	79.35
Saudi Riyal	SAR	73.6	74.5
Singapore Dollar	SGD	217.5	219.5
Swedish Korona	SEK	26.94	27.24
Swiss Franc	CHF	304.08	309.69
Thai Bhat	THB	7.8	7.92
U.A.E Dirham	AED	75.2	76
UK Pound Sterling	GBP	353	357
US Dollar	USD	271	279

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 4th July 2023