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SBP announces bank holiday on Independence Day

03:44 PM | 8 Aug, 2023
SBP announces bank holiday on Independence Day

KARACHI – The State Bank of Pakistan (SBP) has announced that it will be closed on Independence Day, August 14, .

According to a statement by the central bank, all banks nationwide would continue to be closed in accordance with the SBP.

Following the tireless efforts of Muslims and Quaid-e-Azam Muhammad Ali Jinnah, Pakistan gained its independence from India on August 14, 1947.

Every year, people dress their cars, motorcycles, motorbikes, and other vehicles with the green colour and Pakistani flags, and locals also decorate their homes, marketplaces, and bazaars with flags and lights to show their love for the nation.

The day often begins with special prayers in mosques for the advancement and prosperity of the nation, followed by the firing of 31 guns in the federal capital and 21 guns in the regional capitals.

This year marks 76 years since Pakistan's independence. 

Daily Pakistan Global Web Desk

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Pakistani rupee exchange rate against US dollar, Euro, Pound and Riyal - 22 February 2024

Pakistani rupee remains stable against US dollar and other currencies in the open market on February 22, 2024 (Thursday)

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.6 for buying and 282.4 for selling.

Euro comes down to 300.2 for buying and 303.2 for selling while British Pound rate stands at 350.6 for buying, and 354.1 for selling.

UAE Dirham AED hovers at 76.2 whereas the Saudi Riyal saw slight increase, with new rates at 74.45.

Today’s currency exchange rates in Pakistan - 22 Feb 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.6 282.4
Euro EUR 300.2 303.2
UK Pound Sterling GBP 350.6 354.1
U.A.E Dirham AED 76.2 76.95
Saudi Riyal SAR 74.45 75.2
Australian Dollar AUD 181.15 183.15
Bahrain Dinar BHD 743.32 751.32
Canadian Dollar CAD 207.15 209.15
China Yuan CNY 38.89 39.29
Danish Krone DKK 40.38 40.78
Hong Kong Dollar HKD 35.74 36.09
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.10 2.18
Kuwaiti Dinar KWD 902.41 911.41
Malaysian Ringgit MYR 58.6 59.2
New Zealand Dollar NZD 171.68 173.68
Norwegians Krone NOK 26.43 26.73
Omani Riyal OMR 725.96 733.96
Qatari Riyal QAR 76.76 77.46
Singapore Dollar SGD 207.1 209.1
Swedish Korona SEK 26.53 26.83
Swiss Franc CHF 316.9 319.4
Thai Bhat THB 7.93 8.08

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