NBP Releases Updated Exchange Rates for Various Currencies

The National Bank of Pakistan (NBP) has released updated exchange rates for various currencies on August 12. The treasury management division of NBP sets the exchange rates, which are used by banks and other financial institutions to facilitate foreign currency transactions.

The exchange rates for popular currencies include:

• USD: 278.05 (selling), 277.55 (buying)
• EUR: 320.76 (selling), 320.18 (buying)
• JPY: 1.7442 (selling), 1.7410 (buying)

The exchange rates for other currencies are also listed, including the British Pound (GBP), Canadian Dollar (CAD), and Australian Dollar (AUD). The conversion rate for frozen FCY deposits is also provided.