Today open Market currency rate
Today open Market Currency Rate in Pakistan – Latest currency rates in Pakistan according to the Forex Association on 16 December 2021 are US Dollar: PKR 181.40, Euro: PKR 202.00, British Pound: PKR 237.50, Saudi Riyal: PKR 48.00, UAE Dirham: PKR 49.00, Australian Dollar: PKR 126.00. More buying and selling rates are given below.
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Currency Exchange. CURRENCY RATES TODAY
Today Open Market Currency Rates in Pakistan 16 December 2021
Today Open Market Currency Rates in Pakistan – PKR Exchange Rates 16 December 2021
Apart from buying and selling of goods, currencies are also exchanged between open markets of different countries. International banks, most famous being Deutsche Bank, Barclays, HSBC, Standard Chartered, Citi etc are involved in fixing the rate of currency exchange in the global market. One central national bank of every country sets exchange rate of currency on daily basis and this process is known as forigon exchange Fixing.
In Pakistan, currency can be exchanged at the following;
Western UnionDollar East Money ChangerPakistan Currency Exchange Co Pvt LimitedAA Exchange, LahoreParagon Exchange, LahoreHabib Qatar International Exchange PakistanWall Street Exchange Co Pvt LtdRavi Exchange, LahorePay Exchanger, LahoreLink International Exchange Co Pvt LtdApni Exchange, Lahore
The question is that What Is Currency?currency kia he?
Currency is a medium of exchange for goods and services. In short, it’s money, in the form of paper or coins, usually issued by a government and generally accepted at its face value as a method of payment.Currency is the primary medium of exchange in the modern world, having long ago replaced bartering as a means of trading goods and services.