According to the State Bank of Pakistan (SBP), the interbank market in Pakistan was initiated on August 29, 2023, with an exchange rate of Rs. 379.67 for the British Pound against the Pakistani Rupee (GBP to PKR).
The exchange rate between GBP and PKR has ongoing fluctuations, which are determined by the interaction between the supply and demand of foreign currency in the domestic market.
| Date | Exchange Rate | Change (PKR) |
|---|---|---|
| 29 August 2023 | Rs. 379.67 | – |
| 28 August 2023 | Rs. 379.67 |