The Federal Board of Revenue (FBR) has issued a stern directive to its officials, emphasizing the strict adherence to Standard Operating Procedures (SOPs) to prevent the spread of COVID-19.
KARACHI: State Bank of Pakistan (SBP) on Tuesday issued following Karachi Interbank Offered Rates (KIBOR) on July 27, 2021. Tenor BID OFFER 1 – Week 6.95 7.45 2 – Week 6.98 7.48 1 – Month 7.03 7.53 3 – Month 7.16 7.41 6 – Month 7.36 7.61 9 – Month 7.45 7.95 1 – Year […]
KARACHI: Pakistan Stock Exchange (PSX) made a marginal gain on Tuesday while trading in narrow range. The benchmark KSE-100 Index closed at 47,687 points as against previous day’s closing of 47,673 points, showing an increase of 14 points. Analysts at Arif Habib Limited said that the market traded narrow range today, oscillating between -56 points […]
Pakistan and Saudi Arabia have agreed to strengthen economic ties, marking a significant step in the long-standing bilateral partnership between the two countries.
State Bank of Pakistan
KARACHI: The State Bank of Pakistan (SBP) on Monday kept the policy rate unchanged at 7 per cent for next two months. The SBP said that at its meeting on July 27, 2021, the Monetary Policy Committee (MPC) decided to maintain the policy rate at 7 percent.
The Federal Board of Revenue (FBR) announced on Tuesday the establishment of a committee dedicated to the integration of businesses.
KARACHI: The Pak Rupee ended down by 10 paisas against the dollar on Tuesday. High dollar demand for import payments brought down the rupee value. The rupee ended at Rs161.33 to the dollar from previous day’s closing of Rs161.23 in the interbank foreign exchange market. Currency experts said dollar demand kept the rupee under pressure. […]
KARACHI: The State Bank of Pakistan (SBP) on Tuesday issued customers’ exchange rates. The exchange rate is on the basis of weighted average rates of commercial banks. The SBP said the data compiled and disseminated for information only. These exchange rates are estimates that quoted by various commercial banks to their clients. The banks provide […]
The advance tax rates on motor vehicle registration and purchase from manufactures for year 2021/2022 shall be:–
In the dynamic realm of currency exchange, the rates of buying and selling one Saudi Riyal (SAR) in Pakistani Rupees (PKR) have been a topic of interest and concern for many.