Interbank Currency Rates refers as State Bank rates in Pakistan. Inter-bank Exchange rates or conversion rate in PKR Pakistani Rupee that daily updates in all major currencies includes US Dollar to PKR 262.50, UAE Dirham AED to PKR 71.83, Saudi Riyal SAR to PKR 70.30, Euro EUR to PKR 286.85, British Pound GBP to PKR 326.76 Rates and all other currencies as are listed here.
|CURRENCY||BUYING TT CLEAN||SELLING TT & OD|
|UK Pound Sterling||326.38||326.76|
|Hong Kong Dollar||33.66||33.69|
Interbank or Inter bank exchange rate is considered as a worldwide market where the trading currency is in the hands of global firms and banks instead of government. Here the bank has the sole authority to exchange the traded money at a particular rate or may be on wholesale rate. In simple words interbank is the bank that offers the opportunity to various large firms or banks direct trading with each other via online platform or Electronic Broking Service and involve in direct transaction.