KARACHI: Following are the rates of buying and selling of one Canadian Dollar (CAD) in Pakistani Rupee (PKR) in the open market on October 28, 2022:
(more…)Author: Hamza Shahnawaz
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Pakistani Rupee to UAE Dirham on October 28, 2022
KARACHI: Following are the rates of buying and selling of one UAE Dirham (AED) in Pakistani Rupee (PKR) in the open market on October 28, 2022:
Buying: Rs 63.00 to the UAE Dirham
Selling: Rs 63.63 to the UAE Dirham
The buying rate means an exchange company or a bank buys foreign currency from a customer.
The selling rate means an exchange company or a bank sells the foreign currency from a customer.
The rate has been updated at 09:00 AM Pakistan Standard Time (PST).
The UAE Dirham /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.
Pakistani Rupee to UAE Dirham on October 27, 2022
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Pakistani Rupee to Canadian Dollar on October 28, 2022
KARACHI: Following are the rates of buying and selling of one Canadian Dollar (CAD) in Pakistani Rupee (PKR) in the open market on October 28, 2022:
Buying: Rs 165.00 to the Canadian Dollar
Selling: Rs 167.00 to the Canadian Dollar
The buying rate means an exchange company or a bank buys foreign currency from a customer.
The selling rate means an exchange company or a bank sells for foreign currency from a customer.
The rate has been updated at 09:00 AM Pakistan Standard Time (PST).
The Canadian Dollar /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.
Pakistani Rupee to Canadian Dollar on October 27, 2022
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Pakistani Rupee to US Dollar on October 28, 2022
KARACHI: Following are the rates of buying and selling of one US dollar (USD) in Pakistani Rupee (PKR) in the open market on October 28, 2022:
Buying: Rs 223.20 to the US Dollar
Selling: Rs 225.40 to the US Dollar
The buying rate means an exchange company or a bank buys foreign currency from a customer.
The selling rate means an exchange company or a bank sells the foreign currency from a customer.
The rate has been updated at 09:00 AM Pakistan Standard Time (PST).
The US Dollar /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.
Pakistani Rupee to US Dollar on October 27, 2022
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Pakistani Rupee to Saudi Riyal on October 28, 2022
KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on October 28, 2022:
Buying: Rs 59.20 to the Saudi Riyal
Selling: Rs 59.80 to the Saudi Riyal
The buying rate means an exchange company or a bank buys foreign currency from a customer.
The selling rate means an exchange company or a bank sells for foreign currency from a customer.
The rate has been updated at 09:00 AM Pakistan Standard Time (PST).
The Saudi Riyal /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.
Pakistani Rupee to Saudi Riyal on October 27, 2022
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Pakistani Rupee to Euro on October 28, 2022
KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on October 28, 2022:
Buying: Rs 225.30 to the Euro
Selling: Rs 227.50 to the Euro
The buying rate means an exchange company or a bank buys foreign currency from a customer.
The selling rate means an exchange company or a bank sells for foreign currency from a customer.
The rate has been updated at 09:00 AM Pakistan Standard Time (PST).
The Euro /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.
Pakistani Rupee to Euro on October 27, 2022
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Pakistani Rupee to UK Pound Sterling on October 28, 2022
KARACHI: Following are the rates of buying and selling of one UK Pound Sterling (GBP) in Pakistani Rupee (PKR) in the open market on October 28, 2022:
Buying: Rs 259.00 to the UK Pound Sterling
Selling: Rs 261.50 to the UK Pound Sterling
The buying rate means an exchange company or a bank buys foreign currency from a customer.
The selling rate means an exchange company or a bank sells the foreign currency from a customer.
The rate has been updated at 09:00 AM Pakistan Standard Time (PST).
The UK Pound Sterling /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.
Pakistani Rupee to UK Pound Sterling on October 27, 2022
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Disclaimer: Team PKRevenue.com provides the available rates of the open market, which are subject to change every hour. The given rates are opening for the day. Team PKRevenue.com provides the available exchange rates at the time of posting the story. So the team is not responsible for any inaccuracy of the data.
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Pakistani Rupee to UK Pound Sterling on October 28, 2022
KARACHI: Following are the rates of buying and selling of one UK Pound Sterling (GBP) in Pakistani Rupee (PKR) in the open market on October 28, 2022:
Buying: Rs 259.00 to the UK Pound Sterling
Selling: Rs 261.50 to the UK Pound Sterling
The buying rate means an exchange company or a bank buys foreign currency from a customer.
The selling rate means an exchange company or a bank sells the foreign currency from a customer.
The rate has been updated at 09:00 AM Pakistan Standard Time (PST).
The UK Pound Sterling /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.
Pakistani Rupee to UK Pound Sterling on October 27, 2022
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Pakistani Rupee to UAE Dirham on October 28, 2022
KARACHI: Following are the rates of buying and selling of one UAE Dirham (AED) in Pakistani Rupee (PKR) in the open market on October 28, 2022:
Buying: Rs 63.00 to the UAE Dirham
Selling: Rs 63.63 to the UAE Dirham
The buying rate means an exchange company or a bank buys foreign currency from a customer.
The selling rate means an exchange company or a bank sells the foreign currency from a customer.
The rate has been updated at 09:00 AM Pakistan Standard Time (PST).
The UAE Dirham /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.
Pakistani Rupee to UAE Dirham on October 27, 2022
————————————————-
Pakistani Rupee to Canadian Dollar on October 28, 2022
KARACHI: Following are the rates of buying and selling of one Canadian Dollar (CAD) in Pakistani Rupee (PKR) in the open market on October 28, 2022:
Buying: Rs 165.00 to the Canadian Dollar
Selling: Rs 167.00 to the Canadian Dollar
The buying rate means an exchange company or a bank buys foreign currency from a customer.
The selling rate means an exchange company or a bank sells for foreign currency from a customer.
The rate has been updated at 09:00 AM Pakistan Standard Time (PST).
The Canadian Dollar /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.
Pakistani Rupee to Canadian Dollar on October 27, 2022
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Pakistani Rupee to US Dollar on October 28, 2022
KARACHI: Following are the rates of buying and selling of one US dollar (USD) in Pakistani Rupee (PKR) in the open market on October 28, 2022:
Buying: Rs 223.20 to the US Dollar
Selling: Rs 225.40 to the US Dollar
The buying rate means an exchange company or a bank buys foreign currency from a customer.
The selling rate means an exchange company or a bank sells the foreign currency from a customer.
The rate has been updated at 09:00 AM Pakistan Standard Time (PST).
The US Dollar /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.
Pakistani Rupee to US Dollar on October 27, 2022
————————————————-
Pakistani Rupee to Saudi Riyal on October 28, 2022
KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on October 28, 2022:
Buying: Rs 59.20 to the Saudi Riyal
Selling: Rs 59.80 to the Saudi Riyal
The buying rate means an exchange company or a bank buys foreign currency from a customer.
The selling rate means an exchange company or a bank sells for foreign currency from a customer.
The rate has been updated at 09:00 AM Pakistan Standard Time (PST).
The Saudi Riyal /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.
Pakistani Rupee to Saudi Riyal on October 27, 2022
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Pakistani Rupee to Euro on October 28, 2022
KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on October 28, 2022:
Buying: Rs 225.30 to the Euro
Selling: Rs 227.50 to the Euro
The buying rate means an exchange company or a bank buys foreign currency from a customer.
The selling rate means an exchange company or a bank sells for foreign currency from a customer.
The rate has been updated at 09:00 AM Pakistan Standard Time (PST).
The Euro /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.
Pakistani Rupee to Euro on October 27, 2022
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Disclaimer: Team PKRevenue.com provides the available rates of the open market, which are subject to change every hour. The given rates are opening for the day. Team PKRevenue.com provides the available exchange rates at the time of posting the story. So the team is not responsible for any inaccuracy of the data.
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Pakistani Rupee to Euro on October 28, 2022
KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on October 28, 2022:
Buying: Rs 225.30 to the Euro
Selling: Rs 227.50 to the Euro
The buying rate means an exchange company or a bank buys foreign currency from a customer.
The selling rate means an exchange company or a bank sells for foreign currency from a customer.
The rate has been updated at 09:00 AM Pakistan Standard Time (PST).
The Euro /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.
Pakistani Rupee to Euro on October 27, 2022
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Pakistani Rupee to UK Pound Sterling on October 28, 2022
KARACHI: Following are the rates of buying and selling of one UK Pound Sterling (GBP) in Pakistani Rupee (PKR) in the open market on October 28, 2022:
Buying: Rs 259.00 to the UK Pound Sterling
Selling: Rs 261.50 to the UK Pound Sterling
The buying rate means an exchange company or a bank buys foreign currency from a customer.
The selling rate means an exchange company or a bank sells the foreign currency from a customer.
The rate has been updated at 09:00 AM Pakistan Standard Time (PST).
The UK Pound Sterling /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.
Pakistani Rupee to UK Pound Sterling on October 27, 2022
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Pakistani Rupee to UAE Dirham on October 28, 2022
KARACHI: Following are the rates of buying and selling of one UAE Dirham (AED) in Pakistani Rupee (PKR) in the open market on October 28, 2022:
Buying: Rs 63.00 to the UAE Dirham
Selling: Rs 63.63 to the UAE Dirham
The buying rate means an exchange company or a bank buys foreign currency from a customer.
The selling rate means an exchange company or a bank sells the foreign currency from a customer.
The rate has been updated at 09:00 AM Pakistan Standard Time (PST).
The UAE Dirham /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.
Pakistani Rupee to UAE Dirham on October 27, 2022
————————————————-
Pakistani Rupee to Canadian Dollar on October 28, 2022
KARACHI: Following are the rates of buying and selling of one Canadian Dollar (CAD) in Pakistani Rupee (PKR) in the open market on October 28, 2022:
Buying: Rs 165.00 to the Canadian Dollar
Selling: Rs 167.00 to the Canadian Dollar
The buying rate means an exchange company or a bank buys foreign currency from a customer.
The selling rate means an exchange company or a bank sells for foreign currency from a customer.
The rate has been updated at 09:00 AM Pakistan Standard Time (PST).
The Canadian Dollar /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.
Pakistani Rupee to Canadian Dollar on October 27, 2022
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Pakistani Rupee to US Dollar on October 28, 2022
KARACHI: Following are the rates of buying and selling of one US dollar (USD) in Pakistani Rupee (PKR) in the open market on October 28, 2022:
Buying: Rs 223.20 to the US Dollar
Selling: Rs 225.40 to the US Dollar
The buying rate means an exchange company or a bank buys foreign currency from a customer.
The selling rate means an exchange company or a bank sells the foreign currency from a customer.
The rate has been updated at 09:00 AM Pakistan Standard Time (PST).
The US Dollar /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.
Pakistani Rupee to US Dollar on October 27, 2022
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Pakistani Rupee to Saudi Riyal on October 28, 2022
KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on October 28, 2022:
Buying: Rs 59.20 to the Saudi Riyal
Selling: Rs 59.80 to the Saudi Riyal
The buying rate means an exchange company or a bank buys foreign currency from a customer.
The selling rate means an exchange company or a bank sells for foreign currency from a customer.
The rate has been updated at 09:00 AM Pakistan Standard Time (PST).
The Saudi Riyal /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.
Pakistani Rupee to Saudi Riyal on October 27, 2022
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Disclaimer: Team PKRevenue.com provides the available rates of the open market, which are subject to change every hour. The given rates are opening for the day. Team PKRevenue.com provides the available exchange rates at the time of posting the story. So the team is not responsible for any inaccuracy of the data.
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Pakistani Rupee to Saudi Riyal on October 28, 2022
KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on October 28, 2022:
Buying: Rs 59.20 to the Saudi Riyal
Selling: Rs 59.80 to the Saudi Riyal
The buying rate means an exchange company or a bank buys foreign currency from a customer.
The selling rate means an exchange company or a bank sells for foreign currency from a customer.
The rate has been updated at 09:00 AM Pakistan Standard Time (PST).
The Saudi Riyal /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.
Pakistani Rupee to Saudi Riyal on October 27, 2022
————————————————-
Pakistani Rupee to Euro on October 28, 2022
KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on October 28, 2022:
Buying: Rs 225.30 to the Euro
Selling: Rs 227.50 to the Euro
The buying rate means an exchange company or a bank buys foreign currency from a customer.
The selling rate means an exchange company or a bank sells for foreign currency from a customer.
The rate has been updated at 09:00 AM Pakistan Standard Time (PST).
The Euro /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.
Pakistani Rupee to Euro on October 27, 2022
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Pakistani Rupee to UK Pound Sterling on October 28, 2022
KARACHI: Following are the rates of buying and selling of one UK Pound Sterling (GBP) in Pakistani Rupee (PKR) in the open market on October 28, 2022:
Buying: Rs 259.00 to the UK Pound Sterling
Selling: Rs 261.50 to the UK Pound Sterling
The buying rate means an exchange company or a bank buys foreign currency from a customer.
The selling rate means an exchange company or a bank sells the foreign currency from a customer.
The rate has been updated at 09:00 AM Pakistan Standard Time (PST).
The UK Pound Sterling /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.
Pakistani Rupee to UK Pound Sterling on October 27, 2022
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Pakistani Rupee to UAE Dirham on October 28, 2022
KARACHI: Following are the rates of buying and selling of one UAE Dirham (AED) in Pakistani Rupee (PKR) in the open market on October 28, 2022:
Buying: Rs 63.00 to the UAE Dirham
Selling: Rs 63.63 to the UAE Dirham
The buying rate means an exchange company or a bank buys foreign currency from a customer.
The selling rate means an exchange company or a bank sells the foreign currency from a customer.
The rate has been updated at 09:00 AM Pakistan Standard Time (PST).
The UAE Dirham /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.
Pakistani Rupee to UAE Dirham on October 27, 2022
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Pakistani Rupee to Canadian Dollar on October 28, 2022
KARACHI: Following are the rates of buying and selling of one Canadian Dollar (CAD) in Pakistani Rupee (PKR) in the open market on October 28, 2022:
Buying: Rs 165.00 to the Canadian Dollar
Selling: Rs 167.00 to the Canadian Dollar
The buying rate means an exchange company or a bank buys foreign currency from a customer.
The selling rate means an exchange company or a bank sells for foreign currency from a customer.
The rate has been updated at 09:00 AM Pakistan Standard Time (PST).
The Canadian Dollar /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.
Pakistani Rupee to Canadian Dollar on October 27, 2022
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Pakistani Rupee to US Dollar on October 28, 2022
KARACHI: Following are the rates of buying and selling of one US dollar (USD) in Pakistani Rupee (PKR) in the open market on October 28, 2022:
Buying: Rs 223.20 to the US Dollar
Selling: Rs 225.40 to the US Dollar
The buying rate means an exchange company or a bank buys foreign currency from a customer.
The selling rate means an exchange company or a bank sells the foreign currency from a customer.
The rate has been updated at 09:00 AM Pakistan Standard Time (PST).
The US Dollar /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.
Pakistani Rupee to US Dollar on October 27, 2022
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Disclaimer: Team PKRevenue.com provides the available rates of the open market, which are subject to change every hour. The given rates are opening for the day. Team PKRevenue.com provides the available exchange rates at the time of posting the story. So the team is not responsible for any inaccuracy of the data.
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Discovery Edition Redmi Note 12 Series launched
Beijing, CHINA: Redmi on Thursday unveiled the next iteration of widely acclaimed Redmi Note Series Discovery Edition – Redmi Note 12 Series.
Focused on introducing flagship smartphone features at an accessible price, the new Redmi Note Series feature major imagery upgrades, including 200MP camera, Sony’s IMX766, newly added OIS and Xiaomi AI Image Solution.
Notably, Redmi Note 12 DISCOVERY EDITION, the top end model, features 210W HyperCharge, capable of charging to 100% in an unprecedented, industry-leading speed in just 9 mins.
A giant leap forward for mid-range imaging systems with Samsung HPX and Sony IMX766
READ MORE: Xiaomi launched Redmi A1 Series under $100
Redmi Note 12 DISCOVERY EDITION and Redmi Note 12 Pro+ both offer leading imaging hardware in their leagues. Firsts to feature Samsung HPX, a 200MP sensor at 1/1.4″ with 2.24μm Super Pixel, Optical Image Stabilization (OIS), 7P lens and ALD low-reflective coating, the two devices supports outputting in 3 different resolutions for different scenarios:12.5MP using 2.24μm Super Pixel for quick snaps and night shots, 200MP for full, crisp details and 50MP for a perfect balance between image quality and capturing speeds.
Redmi Note 12 Pro features Sony’s IMX766 flagship sensor on its main camera, with a sensor size of 1/1.56″ and pixel binning at 2μm, along with OIS for superior imaging performance.
It is also the first time where Xiaomi AI Image Solution is brought to Redmi Note Series. By integrating both software and hardware, photo capturing speeds, and capabilities such as image stabilization, night scenes, noise reduction, and color retention are dramatically improved.
Drawing inspirations from classic film photography, Redmi Note 12 Pro Series also offers a brand new Film mode, featuring 5 new filters and frames, each with its own color tones, grains and vignette styles.
210W HyperCharge – charging to 100% in 9 mins
READ MORE: Google Career Certificates to bring digital revolution in Pakistan
Based on Redmi Note 12 Pro+, Redmi Note 12 DISCOVERY EDITION features an unprecedented 210W wired fast charging, capable of topping up a 4,300mAh battery to 100% in a mere 9 minutes.¹
To achieve such high-power fast charging, the design of the smartphone, battery cell, charger, and even the fast charging cable have been completely revamped. Three 100W fast charging chips are used and are distributed in a winged layout, reducing heat generation and maximizing high-power fast charging time. On the battery front, Redmi Note 12 DISCOVERY EDITION adopts a 10C dual-cell battery, and features optimized structural design and materials built using a new manufacturing process. Also featuring are cutting-edge technologies such as MTW technology, ultra-thin coating, and ultra-low viscosity electrolyte, together to greatly improve the charge and discharge capacity. The charger adopts dual GaN design, which greatly improves the power density, and the new customized 10.5A specification fast charging cable has an ultra-low impedance of 70mΩ, with an increased current capacity of 75% compared with the 120W/6A cable.
Redmi Note 12 Pro+ utilizes Xiaomi Surge P1 charging chip, offering a charging and battery combo of 120W HyperCharge and 5,000mAh large battery, and comes with an in-box 120W GaN charger. Redmi Note 12 Pro offers 67W turbo charging and 5,000mAh battery, which charges to 50% in 15 mins.¹
Flagship level display – the only flexible OLED display in its class
Redmi Note 12 Pro Series adopts a flagship-level flexible OLED display of up to 900nits and a pixel density of 394PPI using diamond-pixel arrangements. By utilizing a flexible OLED display, the chin of the device is as slim as 2.9mm for an immersive viewing experience.
READ MORE: Xiaomi 12T and 12T Pro released with exciting features
The display supports 16,000 levels of automatic brightness auto adjustment, as well as PWM 1920Hz tuning, classic and paper-like Reading mode, and hardware-level low-blue light eye protection. On top of that, the display features 10-bit color depth, 100% P3 color gamut coverage, Dolby Vision®, HDR10 and 10+ certification and Sunlight Display for a complete visual experience.
A flagship experience without compromises
Redmi Note 12 Pro Series debuts with the energy-efficient MediaTek Dimensity 1080 mobile platform, which is based on TSMC’s 6nm process and comes with A78+A55 octa-core structure. Scored over 510,000 in AnTuTu, Redmi Note 12 Pro Series supports 5G with dual SIM dual standby and Wi-Fi 6. Combined with MIUI 13’s Focus Algorithms, Atomized Memory, Liquid Storage, Memory Extension and other optimization technologies, Redmi Note 12 Pro Series guarantees smooth operations in all scenarios, whether for daily use, mainstream gaming or high-speed internet demand.
To ensure the high performance and the stability of power-efficient HyperCharge, Redmi Note 12 Pro series also provides a full range of guarantees in terms of heat dissipation. Redmi Note 12 DISCOVERY EDITION adopts a multi-dimensional cooling system with 3000mm² large VC. Also introducing the new 1268mm² dissipation material—graphene phase change materials, and together with high thermal conductivity aluminum alloy mid-frame, graphite and copper foil, the total heat dissipation area reaches nearly 30,000mm².
Redmi Note 12 Pro series is also equipped with dual stereo speakers, with Misound 5.0 self-developed algorithm and Hi-Res / Hi-Res Audio Wireless certification. Other notable features include: X-axis linear motor, Bluetooth 5.2, multifunctional NFC, IR blaster and 3.5mm headphone jack.
Redmi Note 12 YIBO EDITION
Based on Redmi Note 12 Pro+, Redmi has also introduced a special edition in collaboration with celebrity Yibo Wang, Redmi Note 12 YIBO EDITION, featuring a stylish design using advanced holographic levitation craft precisely aligned with 1 million micro-graphics and 1 million micro-lenses, which makes the 3D effect more realistic and prominent.
Redmi Note 12 Pro also offers a new color—purple, which utilizes nano-level depth processing to seamlessly integrate 900-thousand sand pattern and 1632 different size halo under 4-layer overlay, presenting a dreamy texture blending levels of reality and illusion.
Redmi Note 12 5G: upgrade to OLED screen with 120Hz refresh rate
Redmi Note 12 5G also brings its latest upgrade on the launch. It features a 6.67″ Samsung OLED screen with up to 1,200nits peak brightness, 120Hz refresh rate and 240Hz touch sampling rate. The display also covers 100% P3 color gamut, offers high refresh rate, supports classic and paper eye protection mode, as well as being accredited with SGS certification for low blue light.
READ MORE: Xiaomi launched Redmi A1 Series under $100
Redmi Note 12 5G features a large 5,000mAh battery and supports 33W fast charging. In terms of performance, Redmi Note 12 5G is the first to adopt Snapdragon® 4 Gen 1 Mobile Platform, with a AnTuTu performance score of nearly 400,000, providing full support for daily use.
Pricing and Availability
Redmi Note 12 Pro Series sales starts at 8pm, Oct 30 via official Mainland China channels. Redmi Note 12 DISCOVERY EDITION is available in black at a recommended retail price of RMB 2,399.
Redmi Note 12 Pro+ comes in blue, white, and black in two storage variant 8GB+256GB and 12GB+256GB at a recommended retail price of RMB 2,199 and RMB 2,399 respectively. Redmi Note 12 YIBO EDITION will be available starting from Nov 11 at a recommended retail price of RMB 2,599.
Redmi Note 12 Pro is available in blue, white, black and purple in four storage variants, 6GB+128GB, 8GB+128GB, 8GB+256GB, 12GB+256GB, with a recommended retail price of RMB 1,699, RMB 1,799, RMB 1,999, RMB 2,199 respectively.
Redmi Note 12 5G comes in three colors, blue, white and black, in four storage variants, 4GB+128GB, 6GB+128GB, 8GB+128GB, 8GB+256GB, with a recommended retail price of RMB 1,199, RMB1,299, RMB 1,499, RMB 1,699 respectively.
Additional ecosystem products
Launched alongside Redmi Note 12 Series are Xiaomi Book Air 13, Redmi X86, Redmi Smart Projector Series, Mijia DD Combination Washer Dryer 12kg (Grey), and Mijia Graphene Baseboard Heater (Simulation Flame).
Xiaomi Book Air 13 is currently the slimmest Xiaomi laptop offering. Sporting a 13.3″ OLED display with E4 material, the device is as slim as 12mm and weighs 1.2kg. It is also the first Xiaomi laptop to support a 360° fold, as well as Xiaomi Stylus, powering work and entertainment needs in a new way. Recommended retail price starting at RMB 5,999.
Redmi X86 features a giant 86″ 4K MEMC fullscreen display, with a screen-to-body ratio of up to 97%. It offers a resolution of 3840*2160, and a wide 178°viewing angle for an immersive audio-visiual experience. Recommended retail price at RMB 5,299.
Redmi Smart Projector Pro is capable of projecting a screen size of up to 120″ at 1080P. Both Redmi Smart Projector Pro and Redmi Smart Projector sport an Amlogic T950D4 quad-core CPU, along with accurate HSL color adjustments and dual speakers, the devices present a brand new smart viewing experience. Recommended retail price starting at RMB 1,399.
Offering up to 60° hot water sterilization for eliminating germs and capable of simulating six kinds of hand-washing modes to protect delicates, Mijia DD Combination Washer Dryer 12kg (Grey) can accomodate more load with a large washing capacity. To support the large load, it is equipped with a more efficient and durable direct drive motor. While it is also a dryer, it offers a 9kg-load drying capability. Recommended retail price at RMB 2,399.
The simulated flame version of Mijia Graphene Baseboard Heater (Simulation Flame) is an efficient heater, adopting the combination of dynamic water mist and LED light to simulate flames present in a real fireplace. With a built-in large capacity water tank, it puts moisture into the air while in work. Recommended retail price at RMB 499.
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Standard Chartered Bank Pakistan PBT doubles during 9MCY22
KARACHI: Standard Chartered Bank Pakistan Limited (SCBPL) has posted a record profit before tax of PKR 36.4 billion, registering almost 100 per cent increase year on year. Performance was driven by strong income growth, as well as continued cost and risk discipline.
Overall revenue grew by 70 per cent to deliver a top-line of PKR 45.1 billion, with positive contributions from all segments. Despite a high inflationary environment and continuous investments in our infrastructure, operating expenses continue to be well managed through efficiencies and disciplined spending with an increase of 12 per cent from the same period last year.
Moreover, reversal of Covid-19 general provision, coupled with lower impairments and strong recoveries led to a net release of PKR 1.5 billion during the period against a net release of PKR 0.8 billion in loan impairments in the comparative period.
With a diversified product base, the Bank stands well positioned to cater for the needs of its clients. On the liabilities side, the Bank’s total deposits grew by PKR 108.0 billion (up 17 per cent), whereas current and saving accounts increased by PKR 119.0 billion (up 21 per cent) since the start of this year and comprise 95 per cent of the deposit base. Advances declined marginally since the start of this year and the Bank continues to monitor the portfolio in the prevailing economic environment as part of its strategy to build a profitable, efficient, and sustainable business.
The external environment remains challenging; however, we remain fully committed to delivering a sustainable growth for our shareholders, bringing the best-in-class services and solutions for our clients and playing our part in the growth story of Pakistan. Standard Chartered continues to make good progress against its strategic priorities.
The global network differentiates the Bank for its clients, bringing forth innovative solutions, product specialisation and structured offshore offerings. At all times the Bank strives to maximise the contribution to State Bank’s initiatives. In line with the State Bank’s efforts on financial inclusion, with enhanced digital offering, Standard Chartered is now able to reach more clients across the country and provide them with convenience of opening accounts as well as subscribing to products and banking services online. Overall, the Bank’s transformation journey stands well-curated, closely aligned with the Pakistan’s landscape and helping lift participation through digitization.
Sustainable finance along with digital solutions for clients and their ecosystem stay as areas of keen focus for the Bank. The Bank continues efforts under its initiative ‘Futuremakers by Standard Chartered’ initiative to tackle inequality and promote greater economic inclusion for young people in the community. Standard Chartered has also contributed towards emergency relief and rehabilitation of communities impacted by the recent floods that have caused devastation in Pakistan.
Commenting on the results, Rehan Shaikh, Chief Executive Officer, Standard Chartered Bank (Pakistan) Limited said, “I am pleased to share our results for the first three quarters of 2022 which clearly reflect strong foundations, enhanced productivity and good headway towards achieving our strategic priorities. The results give me the confidence that we have the right strategy to deliver real value to our clients, our investors and the communities where we operate. I am thankful to our clients and business partners for their ongoing trust in our capabilities and to our associates and colleagues for their commitment, passion and hard work in supporting the Bank in its journey.
We are investing heavily in our people, giving colleagues the skills they need to succeed, bringing in expertise in critical areas and evolving to a more innovative and agile operating model, as we strive to drive innovation and increase our operational efficiency further. This operational leverage allows us to create capacity to invest in the many exciting and potentially transformational initiatives as the Bank’s pivot to digital continues.
The external environment remains challenging; however we remain fully committed to delivering a sustainable growth for our shareholders, bringing the best in class services and solutions for our clients and playing our part in the growth story of Pakistan.”
With a strong Return on Equity (ROE) of 23.5 per cent for the period and a Capital Adequacy Ratio (CAR) of 17.7 per cent, the Bank remains well positioned for future growth.
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SBP suspends Mega Currency Exchange Company
KARACHI: State Bank of Pakistan (SBP) on Thursday suspended the Authorization of an exchange company of ‘B’ category.
The central bank suspended, with immediate effect, the authorization of an Exchange Company –B namely M/s Mega Currency Exchange Company –B (Pvt) Limited till further orders due to serious violations of State Bank’s regulations and instructions.
The Exchange Company –B Category, its head office and all branches have been debarred from undertaking any kind of business activity during the suspension period.
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Pak Suzuki Motors posts hefty loss of Rs2.5 billion in third quarter
Pak Suzuki Motors Company Limited (PSMC) on Wednesday declared massive loss of Rs2.5 billion for third quarter (July – September) 2022.
According to financial results submitted to Pakistan Stock Exchange (PSX), the company announced its third quarter of current year results where it posted loss after tax of Rs2.5 billion compared with profit of Rs443 million in the second quarter. The loss per share of the company came at Rs30.2 as compared with earnings per share Rs5.4 during the period under review.
The cumulative loss for nine months of current year (January – September 2022) to Rs2.5 billion with loss per share of Rs30.5/-.
Analysts at AKD Securities Limited said that earnings for the quarter are well below industry expectations due to finance costs going through the roof, clocking in at Rs4.8 billion for the quarter.
Revenue for the quarter has decreased by 54 per cent quarter on quarter (QoQ) to reach Rs29.8 billion, while also down by 41 per cent year on year (YoY).
The gross margin in third quarter of the current year clocked in at 5.2 per cent in contrast to the 4.4 per cent in the second quarter of the year. Despite significant currency depreciation, the company has hiked its prices in accordance, with the revised prices of June effective on some of the cars delivered, the analysts added.
They further said that finance costs have beaten expectations by a mile. With the Rs4.8 billion consisting of hefty compensation on late deliveries, likely north of Rs3 billion. The rest of the distance consists of exchange losses due to the revaluation of foreign trade creditors.
The company has sustained its strong other income in the quarter, clocking in at Rs1.1 billion owing to strong income from cash balance. The amount is significantly lower than the estimates, primary due to cash balance being diminished by the hefty payments on late deliveries.
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Foreign currency rates in PKR – October 27, 2022
KARACHI: Following are the open market exchange rates of foreign currencies in Pak Rupee (PKR) in Pakistan on October 27, 2022 (The rates are updated at 09:00 AM (Pakistan Standard Time):
CURRENCY NAME BUYING SELLING US DOLLAR $ (USD) 222.20 224.40 SAUDI RIYAL (SAR) 59.00 59.60 UAE DIRHAM (AED) 63.00 63.60 EURO (EUR) 223.30 225.50 UK POUND (GBP) 258.20 260.80 JAPANESE YEN (JPY) 1.50 1.52 SWISS FRANC (CHF) 222.75 223.75 DANISH KRONE (DKK) 29.37 29.47 NORWEGIAN KRONE (NOK) 21.24 21.34 SWEDISH KRONA (SEK) 20.18 20.28 AUSTRALIAN DOLLAR (AUD) 143.00 145.00 CANADIAN DOLLAR (CAD) 164.00 166.00 INDIAN RUPEE (INR) 2.25 2.50 CHINESE YUAN (CNY) 30.00 32.00 AFGHAN AFGHANI (AFN) 2.00 2.50 Disclaimer: Team PKRevenue.com provides the available rates of the open market, which are subject to change every hour. Team PKRevenue.com provides the available exchange rates at the time of posting the story. So the team is not responsible for any inaccuracy of the data.
