Currency Rates in Pakistan 6th August 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 06 2023, 12:00 PST (GMT+5)

CurrencySymbolBank Buying
TT Clean
Bank Selling
   Australian DollarAUD189.77190.27
   Canadian DollarCAD214.17214.67
   China YuanCNY40.1840.28
   Danish KroneDKK42.2742.37
   Hong Kong DollarHKD36.6836.78
   Japanese YenJPY22.03
   Saudi RiyalSAR76.9777.12
   Singapore DollarSGD215.69216.19
   Swedish KoronaSEK27.0927.19
   Swiss FrancCHF329.05329.55
   Thai BhatTHB8.398.43
   U.A.E DirhamAED78.6478.79
   UK Pound SterlingGBP363.88364.53
   US DollarUSD287287.5

Currency Open Market Rates in Pakistan

AUD   Australian DollarAUD196.5198.5
BHD   Bahrain DinarBHD763.58771.58
CAD   Canadian DollarCAD222.8225
CNY   China YuanCNY39.9440.34
DKK   Danish KroneDKK42.1642.56
EUR   EuroEUR320.5323
HKD   Hong Kong DollarHKD36.7637.11
INR   Indian RupeeINR3.473.58
JPY   Japanese YenJPY1.942
KWD   Kuwaiti DinarKWD933.17942.17
MYR   Malaysian RinggitMYR63.2163.81
NZD   NewZealand $NZD174.69176.69
NOK   Norwegians KroneNOK27.9328.23
OMR   Omani RiyalOMR745.95753.95
QAR   Qatari RiyalQAR78.979.6
SAR   Saudi RiyalSAR77.878.5
SGD   Singapore DollarSGD212.5214.5
SEK   Swedish KoronaSEK26.7527.05
CHF   Swiss FrancCHF329331.52
THB   Thai BhatTHB8.338.48
AED   U.A.E DirhamAED81.482.2
GBP   UK Pound SterlingGBP371.8375.5
USD   US DollarUSD291.6294.5

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 6th August 2023

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