The State Bank of Pakistan has unveiled the latest exchange rates for mark-to-market revaluation, revealing notable trends in key foreign currencies.
According to the data released here today, the US dollar stands at a ready rate of 280.56 against the Pakistani rupee, with projections for one-month and one-year rates at 282.32 and 293.32, respectively. The euro has been marked at Rs309.21 for the ready rate, with forward rates indicating slight increases to 311.67 for one-month and 329.43 for one-year.
The British pound is currently valued at Rs362.27 for the ready rate, with expectations to rise to Rs364.51 in a month and Rs377.91 over a year. Meanwhile, the UAE dirham and Saudi riyal maintain steady figures with ready rates of Rs76.38 and Rs74.73, respectively.
The Kuwaiti dinar shows significant strength, presenting a ready rate of Rs911.97, while the Bahraini dinar and Qatari riyal follow closely with ready rates of Rs744.15 and Rs76.96. These updated rates, sourced from the State Bank of Pakistan, provide important insights for authorized dealers engaging in foreign exchange transactions.