Pakistani consortium awarded exploration in Abu Dhabi

Aug 31

Energy

Pakistani consortium awarded exploration in Abu Dhabi

KARACHI: According to a notice to Pakistan Stock Exchange (PSX) on Tuesday, a consortium of Pakistani companies has been awarded exploration in Abu Dhabi. The consortium of PPL (operator), OGDC, MARI and GHPL has been awarded an Offshore Block-5 in Abu Dhabi. Analysts at Arif Habib Limited said that the consortium participated in Abu Dhabi’s […]

by Hamza Shahnawaz

Dollar makes gain against PKR in interbank

Aug 31

Money & Banking

Dollar makes gain against PKR in interbank

KARACHI: The US dollar made a gain against the Pak Rupee (PKR) for the second consecutive day on Tuesday. The rupee fell by 43 paisas to end at Rs166.39 to the dollar as against previous day’s closing of Rs165.96 in the interbank foreign exchange market. The rupee depreciated a day earlier by 34 paisas against […]

by Faisal Shahnawaz

SBP issues customers exchange rates on August 31

Aug 31

Money & Banking

SBP issues customers exchange rates on August 31

KARACHI – The State Bank of Pakistan (SBP) announced the latest exchange rates for customers on Tuesday, August 31, 2021, shedding light on the currency values based on the weighted average rates of commercial banks.

by Faisal Shahnawaz

Aug 31

Taxation

Requirement of business bank account

Section 114A of Income Tax Ordinance, 2001 mandates the requirement that every taxpayer declare to the Commissioner the bank account used for business transactions.

by Faisal Shahnawaz

Pak Rupee to Saudi Riyal on August 31, 2021

Aug 31

Money & Banking

Pak Rupee to Saudi Riyal on August 31, 2021

KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on August 31, 2021: Buying: Rs 44.20 to the Saudi Riyal Selling: Rs 44.70 to the Saudi Riyal We update rates hourly so we can offer you the best SAR to PKR. The […]

by Hamza Shahnawaz

Pak Rupee to UAE Dirham on August 31, 2021

Aug 31

Money & Banking

Pak Rupee to UAE Dirham on August 31, 2021

KARACHI: Following are the rates of buying and selling of one UAE Dirham (AED) in Pakistani Rupee (PKR) in the open market on August 31, 2021: Buying: Rs 45.20 to the UAE Dirham Selling: Rs 45.70 to the UAE Dirham We update rates hourly so we can offer you the best AED to PKR. The […]

by Hamza Shahnawaz

Aug 31

Money & Banking

Pak Rupee to Euro on August 31, 2021

KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on August 31, 2021: Buying: Rs 194 to the Euro Selling: Rs 196 to the Euro We update rates hourly so we can offer you the best EUR to PKR. The Euro /PKR parity […]

by Hamza Shahnawaz

Pak Rupee to UK Pound on August 31, 2021

Aug 31

Money & Banking

Pak Rupee to UK Pound on August 31, 2021

KARACHI, August 31, 2021 – Following are the latest rates for buying and selling one UK Pound Sterling (GBP) in Pakistani Rupees (PKR) in the open market.

by Hamza Shahnawaz

Pak Rupee to US Dollar on August 31, 2021

Aug 31

Exchange Rates

Pak Rupee to US Dollar on August 31, 2021

Karachi, August 31, 2021 – The open market in Karachi continues to showcase stability in the exchange rates of the US Dollar (USD) to Pakistani Rupee (PKR) on August 31, 2021.

by Hamza Shahnawaz