Pakistan's Financial Markets Association Issues Exchange Rate Bulletin
The Exchange Rates Committee released conversion rates for foreign currency transactions ahead of a mid-September settlement date, according to APP.
The Exchange Rates Committee of the Financial Markets Association of Pakistan issued an exchange rates bulletin on Friday, according to a report by the Associated Press of Pakistan (APP).
The bulletin listed conversion rates for foreign currency, including rates for forward cover and for deposits excluding FE-25 deposits, for September 11, 2026, the report said.
According to APP, the State Bank of Pakistan settlement value date associated with the bulletin was listed as September 15, 2026.
The bulletin cited the US dollar rate at 277.3045, APP reported. The source excerpt did not provide further details on rates for other currencies, including the British pound, which was referenced but not fully detailed in the available report.
The Financial Markets Association of Pakistan regularly issues such bulletins to guide currency conversion transactions within the country's financial markets.
Sources
- Foreign exchange rates — APP (Pakistan)
EGazette summarizes reporting from multiple sources; follow the links for the originals.
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