KARACHI – The buying rate of the UK Pound Sterling stands at Rs344 in Pakistan while its selling rate stands at Rs347.5 on Saturday in the open market of Pakistan.
Data available on forex.pk showed that the Pound saw no change against the Pakistani rupee in the open market.
| Date | Latest Exchange Rate | CHANGE |
|---|---|---|
| May 11, 2024 | Rs. 344 | 0 |
| May 10, 2024 | Rs. 344 |
GBP is the currency code for the British pound sterling, which is the official currency of the United Kingdom. The pound sign (£) is used for the British pound sterling and referred to as “sterling”.
Over 1.5 million Pakistani expatriates live in the United Kingdom. As they send remittance to their home country for their families, they keep a close eye on exchange rate.
As of May 11, the pound rate stands at Rs344 in the open market. So, the 500 UK pounds will be equal to Rs172,000 in Pakistani currency.
As of May 11, the pound is being traded at Rs344 in the open market. So, the 1,000 pounds will be equal to Rs344,000 in Pakistani currency.
People carrying UK Pound with them to Pakistan can visit the banks or branches of the exchange companies to convert the GBP into PKR.
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