Author: Hamza Shahnawaz

  • Flash floods affect internet services in Pakistan

    Flash floods affect internet services in Pakistan

    ISLAMABAD: Pakistan Telecommunication Authority (PTA) on Saturday announced a major breakdown of internet connectivity in the areas affected by flash floods.

    READ MORE: Floods affect telecom services: PTA

    The authority said that due to flash floods, damage to optical fibre cable and power outage, connectivity services have been impacted in Chitral, Upper Dir, Donbala, Swat, Medan, Lal Qila Samarbaghdir, Tank and Dera Ismail Khan.

    READ MORE: Norwegian envoy calls on PTA Chairman

    PTA is monitoring the situation closely. Work is underway to fully restore services.

    Telecom services were affected yesterday due to multiple fiber cuts in Central and Northern Balochistan but they have been restored.

    READ MORE: FBR, PTA introduce temporary registration of cell phones

  • Weekly Review: Pakistan stocks likely trade in green

    Weekly Review: Pakistan stocks likely trade in green

    KARACHI: Pakistan stocks likely to trade in positive zone during the next week owing to expected transfer of IMF tranche under Extended Fund Facility (EFF).

    Analysts at Arif Habib Limited said that with IMF and Pakistan meeting scheduled in the coming week, it is expected that IMF will approve the $1.17 billion tranche enabling the disbursement within a week or so.

    READ MORE: Profit taking hammers Pakistan stocks to fall by 441 points

    Albeit, we expect the market to be positive in the upcoming week. Keeping in view the ongoing result season, some sectors and scrips are expected to stay in the limelight.

    The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) is currently trading at a PER of 4.2x (2023) compared to Asia Pacific regional average of 12.7x while offering a dividend yield of 9.6 per cent versus 2.7 per cent offered by the region.

    READ MORE: Pakistan stocks dip 305 points in dull trading

    The market commenced on a negative note on the back of concerns over new tax measures taken by the government to increase revenue collection.

    However, the investor sentiment revived after SBP kept the policy rate unchanged. Moreover, the momentum further strengthened after Qatar announced plans to invest $3 billion in various commercial and investment sectors, while Saudi Arabia pledges to invest $1 billion.

    In addition to this, the latest figures released by the State Bank of Pakistan (SBP) this week shows, current account deficit during July 2022 shrank by 45 per cent MoM to $1.21 billion. However, the market turned negative again after the Pakistani Rupee (PKR) depreciated against USD, closing the week at PKR 220.66 (down by PKR 6.00|2.8 per cent WoW).

    READ MORE: Pakistan stocks end flat to 43,338 points

    Whereas, SBP reserves fall by $87 million, to settle at $7.8 billion. With the anticipation of the re-imposition of sales tax on petroleum products, the nervousness with regards to inflation re-surfaced.

    Hence, the market closed at 42,592 points, shedding 679 points (down by 1.57 per cent) WoW.

    Sector-wise negative contributions came from i) Banks (143 points), ii) Miscellaneous (138 points), iii) Power (101 points), iv) OMCs (80 points) and v) Chemical (59 points).

    Whereas, sectors which contributed positively were i) Fertilizer (70 points), and ii) Cement (28 points). Scrip-wise negative contributors were PSEL (137 points), HUBC (104 points), PSO (79 points), HBL (48 points) and TRG (48 points). Meanwhile, scrip-wise positive contribution came from LUCK (75 points), SYS (35 points), TGL (26 points), FFC (25 points) and POL (19 points).

    READ MORE: Pakistan stocks gain 540 points on unchanged policy rate

    Foreigners selling continued this week, clocking in at USD 1.9 million compared to a net sell of USD 2.8 million last week. Major selling was witnessed in Commercial Banks (USD 3.7 million) and E&P (USD 0.7 million). On the local front, buying was reported by Banks/DFIs (USD 4.1 million) followed by Individuals (USD 3.8 million). Average volumes clocked in at 250 million shares (down by 52 per cent WoW) while average value traded settled at USD 37 million (down by 35 per cent WoW).

  • Foreign currency rates in PKR – August 27, 2022

    Foreign currency rates in PKR – August 27, 2022

    Karachi, August 27, 2022 – The Pakistani Rupee (PKR) continued to struggle against major foreign currencies in the open market, reflecting economic challenges and global financial trends.

    (more…)
  • Pakistani Rupee to US Dollar on August 27, 2022

    Pakistani Rupee to US Dollar on August 27, 2022

    KARACHI: Following are the rates of buying and selling of one US dollar (USD) in Pakistani Rupee (PKR) in the open market on August 27, 2022:

    Buying: Rs 227.50 to the US Dollar

    Selling: Rs 229.50 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 August 26, 2022

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    Pakistani Rupee to Canadian Dollar on August 27, 2022

    KARACHI: Following are the rates of buying and selling of one Canadian Dollar (CAD) in Pakistani Rupee (PKR) in the open market on August 27, 2022:

    Buying: Rs 175.50 to the Canadian Dollar

    Selling: Rs 177.50 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 August 26, 2022

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    Pakistani Rupee to UAE Dirham on August 27, 2022

    KARACHI: Following are the rates of buying and selling of one UAE Dirham (AED) in Pakistani Rupee (PKR) in the open market on August 27, 2022:

    Buying: Rs 63.50 to the UAE Dirham

    Selling: Rs 64.50 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 August 26, 2022

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    Pakistani Rupee to UK Pound Sterling on August 27, 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 August 27, 2022:

    Buying: Rs 270.00 to the UK Pound Sterling

    Selling: Rs 273.00 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 August 26, 2022

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    Pakistani Rupee to Euro on August 27, 2022

    KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on August 27, 2022:

    Buying: Rs 228.00 to the Euro

    Selling: Rs 230.50 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 August 26, 2022

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    Pakistani Rupee to Saudi Riyal on August 27, 2022

    KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on August 27, 2022:

    Buying: Rs 60.60 to the Saudi Riyal

    Selling: Rs 61.20 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 August 26, 2022

    ————————————————-

    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.

  • Pakistani Rupee to Canadian Dollar on August 27, 2022

    Pakistani Rupee to Canadian Dollar on August 27, 2022

    KARACHI: Following are the rates of buying and selling of one Canadian Dollar (CAD) in Pakistani Rupee (PKR) in the open market on August 27, 2022:

    Buying: Rs 175.50 to the Canadian Dollar

    Selling: Rs 177.50 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 August 26, 2022

    ————————————————-

    Pakistani Rupee to US Dollar on August 27, 2022

    KARACHI: Following are the rates of buying and selling of one US dollar (USD) in Pakistani Rupee (PKR) in the open market on August 27, 2022:

    Buying: Rs 227.50 to the US Dollar

    Selling: Rs 229.50 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 August 26, 2022

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    Pakistani Rupee to UAE Dirham on August 27, 2022

    KARACHI: Following are the rates of buying and selling of one UAE Dirham (AED) in Pakistani Rupee (PKR) in the open market on August 27, 2022:

    Buying: Rs 63.50 to the UAE Dirham

    Selling: Rs 64.50 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 August 26, 2022

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    Pakistani Rupee to UK Pound Sterling on August 27, 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 August 27, 2022:

    Buying: Rs 270.00 to the UK Pound Sterling

    Selling: Rs 273.00 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 August 26, 2022

    ————————————————-

    Pakistani Rupee to Euro on August 27, 2022

    KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on August 27, 2022:

    Buying: Rs 228.00 to the Euro

    Selling: Rs 230.50 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 August 26, 2022

    ————————————————-

    Pakistani Rupee to Saudi Riyal on August 27, 2022

    KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on August 27, 2022:

    Buying: Rs 60.60 to the Saudi Riyal

    Selling: Rs 61.20 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 August 26, 2022

    ————————————————-

    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.

  • Pakistani Rupee to UAE Dirham on August 27, 2022

    Pakistani Rupee to UAE Dirham on August 27, 2022

    KARACHI: Following are the rates of buying and selling of one UAE Dirham (AED) in Pakistani Rupee (PKR) in the open market on August 27, 2022:

    Buying: Rs 63.50 to the UAE Dirham

    Selling: Rs 64.50 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 August 26, 2022

    ————————————————-

    Pakistani Rupee to Canadian Dollar on August 27, 2022

    KARACHI: Following are the rates of buying and selling of one Canadian Dollar (CAD) in Pakistani Rupee (PKR) in the open market on August 27, 2022:

    Buying: Rs 175.50 to the Canadian Dollar

    Selling: Rs 177.50 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 August 26, 2022

    ————————————————-

    Pakistani Rupee to US Dollar on August 27, 2022

    KARACHI: Following are the rates of buying and selling of one US dollar (USD) in Pakistani Rupee (PKR) in the open market on August 27, 2022:

    Buying: Rs 227.50 to the US Dollar

    Selling: Rs 229.50 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 August 26, 2022

    ————————————————-

    Pakistani Rupee to UK Pound Sterling on August 27, 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 August 27, 2022:

    Buying: Rs 270.00 to the UK Pound Sterling

    Selling: Rs 273.00 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 August 26, 2022

    ————————————————-

    Pakistani Rupee to Euro on August 27, 2022

    KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on August 27, 2022:

    Buying: Rs 228.00 to the Euro

    Selling: Rs 230.50 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 August 26, 2022

    ————————————————-

    Pakistani Rupee to Saudi Riyal on August 27, 2022

    KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on August 27, 2022:

    Buying: Rs 60.60 to the Saudi Riyal

    Selling: Rs 61.20 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 August 26, 2022

    ————————————————-

    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.

  • Pakistani Rupee to UK Pound Sterling on August 27, 2022

    Pakistani Rupee to UK Pound Sterling on August 27, 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 August 27, 2022:

    Buying: Rs 270.00 to the UK Pound Sterling

    Selling: Rs 273.00 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 August 26, 2022

    ————————————————-

    Pakistani Rupee to UAE Dirham on August 27, 2022

    KARACHI: Following are the rates of buying and selling of one UAE Dirham (AED) in Pakistani Rupee (PKR) in the open market on August 27, 2022:

    Buying: Rs 63.50 to the UAE Dirham

    Selling: Rs 64.50 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 August 26, 2022

    ————————————————-

    Pakistani Rupee to Canadian Dollar on August 27, 2022

    KARACHI: Following are the rates of buying and selling of one Canadian Dollar (CAD) in Pakistani Rupee (PKR) in the open market on August 27, 2022:

    Buying: Rs 175.50 to the Canadian Dollar

    Selling: Rs 177.50 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 August 26, 2022

    ————————————————-

    Pakistani Rupee to US Dollar on August 27, 2022

    KARACHI: Following are the rates of buying and selling of one US dollar (USD) in Pakistani Rupee (PKR) in the open market on August 27, 2022:

    Buying: Rs 227.50 to the US Dollar

    Selling: Rs 229.50 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 August 26, 2022

    ————————————————-

    Pakistani Rupee to Euro on August 27, 2022

    KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on August 27, 2022:

    Buying: Rs 228.00 to the Euro

    Selling: Rs 230.50 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 August 26, 2022

    ————————————————-

    Pakistani Rupee to Saudi Riyal on August 27, 2022

    KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on August 27, 2022:

    Buying: Rs 60.60 to the Saudi Riyal

    Selling: Rs 61.20 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 August 26, 2022

    ————————————————-

    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.

  • Pakistani Rupee to Euro on August 27, 2022

    Pakistani Rupee to Euro on August 27, 2022

    KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on August 27, 2022:

    Buying: Rs 228.00 to the Euro

    Selling: Rs 230.50 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 August 26, 2022

    ————————————————-

    Pakistani Rupee to UK Pound Sterling on August 27, 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 August 27, 2022:

    Buying: Rs 270.00 to the UK Pound Sterling

    Selling: Rs 273.00 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 August 26, 2022

    ————————————————-

    Pakistani Rupee to UAE Dirham on August 27, 2022

    KARACHI: Following are the rates of buying and selling of one UAE Dirham (AED) in Pakistani Rupee (PKR) in the open market on August 27, 2022:

    Buying: Rs 63.50 to the UAE Dirham

    Selling: Rs 64.50 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 August 26, 2022

    ————————————————-

    Pakistani Rupee to Canadian Dollar on August 27, 2022

    KARACHI: Following are the rates of buying and selling of one Canadian Dollar (CAD) in Pakistani Rupee (PKR) in the open market on August 27, 2022:

    Buying: Rs 175.50 to the Canadian Dollar

    Selling: Rs 177.50 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 August 26, 2022

    ————————————————-

    Pakistani Rupee to US Dollar on August 27, 2022

    KARACHI: Following are the rates of buying and selling of one US dollar (USD) in Pakistani Rupee (PKR) in the open market on August 27, 2022:

    Buying: Rs 227.50 to the US Dollar

    Selling: Rs 229.50 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 August 26, 2022

    ————————————————-

    Pakistani Rupee to Saudi Riyal on August 27, 2022

    KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on August 27, 2022:

    Buying: Rs 60.60 to the Saudi Riyal

    Selling: Rs 61.20 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 August 26, 2022

    ————————————————-

    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.

  • Pakistani Rupee to Saudi Riyal on August 27, 2022

    Pakistani Rupee to Saudi Riyal on August 27, 2022

    KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on August 27, 2022:

    Buying: Rs 60.60 to the Saudi Riyal

    Selling: Rs 61.20 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 August 26, 2022

    ————————————————-

    Pakistani Rupee to Euro on August 27, 2022

    KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on August 27, 2022:

    Buying: Rs 228.00 to the Euro

    Selling: Rs 230.50 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 August 26, 2022

    ————————————————-

    Pakistani Rupee to UK Pound Sterling on August 27, 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 August 27, 2022:

    Buying: Rs 270.00 to the UK Pound Sterling

    Selling: Rs 273.00 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 August 26, 2022

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    Pakistani Rupee to UAE Dirham on August 27, 2022

    KARACHI: Following are the rates of buying and selling of one UAE Dirham (AED) in Pakistani Rupee (PKR) in the open market on August 27, 2022:

    Buying: Rs 63.50 to the UAE Dirham

    Selling: Rs 64.50 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 August 26, 2022

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    Pakistani Rupee to Canadian Dollar on August 27, 2022

    KARACHI: Following are the rates of buying and selling of one Canadian Dollar (CAD) in Pakistani Rupee (PKR) in the open market on August 27, 2022:

    Buying: Rs 175.50 to the Canadian Dollar

    Selling: Rs 177.50 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 August 26, 2022

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    Pakistani Rupee to US Dollar on August 27, 2022

    KARACHI: Following are the rates of buying and selling of one US dollar (USD) in Pakistani Rupee (PKR) in the open market on August 27, 2022:

    Buying: Rs 227.50 to the US Dollar

    Selling: Rs 229.50 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 August 26, 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.

  • FBR issues paper return form for tax year 2022

    FBR issues paper return form for tax year 2022

    ISLAMABAD: The Federal Board of Revenue (FBR) on Friday issued a draft paper return form for tax year 2022, which will be filed by individuals other than salaried persons.

    The FBR issued SRO 1612(I)/2022 to issue the draft individual paper return for tax year 2022.

    According to the SRO, the draft return form has been issued for objections and suggestions from the stakeholders. “Objections and suggestions may be considered by the FBR that are sent within seven days of publication of the draft in the official gazette,” it added.

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    According to the draft for individual paper return for tax year 2022 will be filed by individuals, deriving income under any head other than salary or business.

    It is pertinent to mention that the FBR issued the online return form on July 01, 2022 to allow the taxpayers a statutory time period of three months for filing income tax return. The last date for filing income tax return for tax year 2022 is September 30, 2022. By this last date persons including salaried and business individuals, association of persons (AOPs) and corporate taxpayers having special accounting year are required to file the annual return.

    READ MORE: FBR increases customs valuation for Afghan coal by 69%

    The FBR issued the draft paper return for individuals for filing return for tax year 2022 will give shorter time to the taxpayers falling under this segment.

    As per the draft paper return, a taxpayer will require to file wealth statement along with the annual return. The wealth statement requires information regarding precious possession, household effect, cash etc.

    READ MORE: Pakistan Customs foils attempt to clear banned items

    It also requires persons to declare assets in other name, total assets inside Pakistan and assets held outside Pakistan.