Pkrevenue.com

Author: Hamza Shahnawaz

  • Foreign currency rates in Pak Rupee – August 01, 2022

    Foreign currency rates in Pak Rupee – August 01, 2022

    KARACHI: Following are the open market exchange rates of foreign currencies in Pak Rupee (PKR) in Pakistan on August 01, 2022 (The rates are updated at 08:50 AM (Pakistan Standard Time):

    CURRENCY NAMEBUYINGSELLING
       
    US DOLLAR $ (USD)240.00243.00
    SAUDI RIYAL (SAR)64.0065.00
    UAE DIRHAM (AED)65.3066.30
    EURO (EUR)245.00248.00
    UK POUND (GBP)292.00296.00
    JAPANESE YEN (JPY)1.761.78
    SWISS FRANC (CHF)249.62250.62
    DANISH KRONE (DKK)32.5333.63
    NORWEGIAN KRONE (NOK)24.3324.43
    SWEDISH KRONA (SEK)23.1923.29
    AUSTRALIAN DOLLAR (AUD)167.00169.00
    CANADIAN DOLLAR (CAD)187.00190.00
    INDIAN RUPEE (INR)2.402.70
    CHINESE YUAN (CNY)33.5035.00
    AFGHAN AFGHANI (AFN)1.702.00

    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.

  • Pakistani Rupee to US Dollar on August 01, 2022

    Pakistani Rupee to US Dollar on August 01, 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 01, 2022:

    Buying: Rs 240.00 to the US Dollar

    Selling: Rs 243.00 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 08:30 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.

    READ MORE: Pakistani Rupee to US Dollar on July 31, 2022

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    Pakistani Rupee to Saudi Riyal on August 01, 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 01, 2022:

    Buying: Rs 64.00 to the Saudi Riyal

    Selling: Rs 65.00 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 08:30 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.

    READ MORE: Pakistani Rupee to Saudi Riyal on July 31, 2022

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    Pakistani Rupee to Euro on August 01, 2022

    KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on August 01, 2022:

    Buying: Rs 245.00 to the Euro

    Selling: Rs 248.00 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 08:30 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.

    READ MORE: Pakistani Rupee to Euro on July 31, 2022

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    Pakistani Rupee to UK Pound Sterling on August 01, 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 01, 2022:

    Buying: Rs 292.00 to the UK Pound Sterling

    Selling: Rs 296.00 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 08:30 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.

    READ MORE: Pakistani Rupee to UK Pound Sterling on July 31, 2022

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    Pakistani Rupee to UAE Dirham on August 01, 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 01, 2022:

    Buying: Rs 65.30 to the UAE Dirham

    Selling: Rs 66.30 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 08:30 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.

    READ MORE: Pakistani Rupee to UAE Dirham on July 31, 2022

    ————————————————-

    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.

  • Pakistani Rupee to UAE Dirham on August 01, 2022

    Pakistani Rupee to UAE Dirham on August 01, 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 01, 2022:

    Buying: Rs 65.30 to the UAE Dirham

    Selling: Rs 66.30 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 08:30 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.

    READ MORE: Pakistani Rupee to UAE Dirham on July 31, 2022

    ————————————————-

    Pakistani Rupee to US Dollar on August 01, 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 01, 2022:

    Buying: Rs 240.00 to the US Dollar

    Selling: Rs 243.00 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 08:30 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.

    READ MORE: Pakistani Rupee to US Dollar on July 31, 2022

    ————————————————-

    Pakistani Rupee to Saudi Riyal on August 01, 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 01, 2022:

    Buying: Rs 64.00 to the Saudi Riyal

    Selling: Rs 65.00 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 08:30 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.

    READ MORE: Pakistani Rupee to Saudi Riyal on July 31, 2022

    ————————————————-

    Pakistani Rupee to Euro on August 01, 2022

    KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on August 01, 2022:

    Buying: Rs 245.00 to the Euro

    Selling: Rs 248.00 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 08:30 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.

    READ MORE: Pakistani Rupee to Euro on July 31, 2022

    ————————————————-

    Pakistani Rupee to UK Pound Sterling on August 01, 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 01, 2022:

    Buying: Rs 292.00 to the UK Pound Sterling

    Selling: Rs 296.00 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 08:30 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.

    READ MORE: Pakistani Rupee to UK Pound Sterling on July 31, 2022

    ————————————————-

    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.

  • Pakistani Rupee to UK Pound Sterling on August 01, 2022

    Pakistani Rupee to UK Pound Sterling on August 01, 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 01, 2022:

    Buying: Rs 292.00 to the UK Pound Sterling

    Selling: Rs 296.00 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 08:30 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.

    READ MORE: Pakistani Rupee to UK Pound Sterling on July 31, 2022

    ————————————————-

    Pakistani Rupee to UAE Dirham on August 01, 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 01, 2022:

    Buying: Rs 65.30 to the UAE Dirham

    Selling: Rs 66.30 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 08:30 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.

    READ MORE: Pakistani Rupee to UAE Dirham on July 31, 2022

    ————————————————-

    Pakistani Rupee to US Dollar on August 01, 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 01, 2022:

    Buying: Rs 240.00 to the US Dollar

    Selling: Rs 243.00 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 08:30 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.

    READ MORE: Pakistani Rupee to US Dollar on July 31, 2022

    ————————————————-

    Pakistani Rupee to Saudi Riyal on August 01, 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 01, 2022:

    Buying: Rs 64.00 to the Saudi Riyal

    Selling: Rs 65.00 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 08:30 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.

    READ MORE: Pakistani Rupee to Saudi Riyal on July 31, 2022

    ————————————————-

    Pakistani Rupee to Euro on August 01, 2022

    KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on August 01, 2022:

    Buying: Rs 245.00 to the Euro

    Selling: Rs 248.00 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 08:30 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.

    READ MORE: Pakistani Rupee to Euro on July 31, 2022

    ————————————————-

    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.

  • Pakistani Rupee to Euro on August 01, 2022

    Pakistani Rupee to Euro on August 01, 2022

    KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on August 01, 2022:

    Buying: Rs 245.00 to the Euro

    Selling: Rs 248.00 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 08:30 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.

    READ MORE: Pakistani Rupee to Euro on July 31, 2022

    ————————————————-

    Pakistani Rupee to UK Pound Sterling on August 01, 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 01, 2022:

    Buying: Rs 292.00 to the UK Pound Sterling

    Selling: Rs 296.00 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 08:30 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.

    READ MORE: Pakistani Rupee to UK Pound Sterling on July 31, 2022

    ————————————————-

    Pakistani Rupee to UAE Dirham on August 01, 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 01, 2022:

    Buying: Rs 65.30 to the UAE Dirham

    Selling: Rs 66.30 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 08:30 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.

    READ MORE: Pakistani Rupee to UAE Dirham on July 31, 2022

    ————————————————-

    Pakistani Rupee to US Dollar on August 01, 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 01, 2022:

    Buying: Rs 240.00 to the US Dollar

    Selling: Rs 243.00 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 08:30 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.

    READ MORE: Pakistani Rupee to US Dollar on July 31, 2022

    ————————————————-

    Pakistani Rupee to Saudi Riyal on August 01, 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 01, 2022:

    Buying: Rs 64.00 to the Saudi Riyal

    Selling: Rs 65.00 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 08:30 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.

    READ MORE: Pakistani Rupee to Saudi Riyal on July 31, 2022

    ————————————————-

    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.

  • Pakistani Rupee to Saudi Riyal on August 01, 2022

    Pakistani Rupee to Saudi Riyal on August 01, 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 01, 2022:

    Buying: Rs 64.00 to the Saudi Riyal

    Selling: Rs 65.00 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 08:30 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.

    READ MORE: Pakistani Rupee to Saudi Riyal on July 31, 2022

    ————————————————-

    Pakistani Rupee to Euro on August 01, 2022

    KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on August 01, 2022:

    Buying: Rs 245.00 to the Euro

    Selling: Rs 248.00 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 08:30 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.

    READ MORE: Pakistani Rupee to Euro on July 31, 2022

    ————————————————-

    Pakistani Rupee to UK Pound Sterling on August 01, 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 01, 2022:

    Buying: Rs 292.00 to the UK Pound Sterling

    Selling: Rs 296.00 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 08:30 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.

    READ MORE: Pakistani Rupee to UK Pound Sterling on July 31, 2022

    ————————————————-

    Pakistani Rupee to UAE Dirham on August 01, 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 01, 2022:

    Buying: Rs 65.30 to the UAE Dirham

    Selling: Rs 66.30 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 08:30 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.

    READ MORE: Pakistani Rupee to UAE Dirham on July 31, 2022

    ————————————————-

    Pakistani Rupee to US Dollar on August 01, 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 01, 2022:

    Buying: Rs 240.00 to the US Dollar

    Selling: Rs 243.00 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 08:30 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.

    READ MORE: Pakistani Rupee to US Dollar on July 31, 2022

    ————————————————-

    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.

  • Pakistani rupee falls 36% to Saudi Riyal in seven months

    Pakistani rupee falls 36% to Saudi Riyal in seven months

    KARACHI: The Pakistani Rupee (PKR) has recorded a sharp decline by Rs16.79 or 36 per cent against the Saudi Riyal during the past seven months January – July 2022, according to official data.

    According to weighted average customer exchange rates issued by the State Bank of Pakistan (SBP), the selling rate by exchange companies opened at Rs47.08 to the Saudi Riyal on January 04, 2022 [the first trading day of the year] as compared with closing of Rs63.87 to the Saudi Riyal on July 29, 2022.

    READ MORE: Pakistani Rupee to Saudi Riyal on July 31, 2022

    The rupee recorded a massive decline during the year against a basket of foreign currencies. As the local unit recorded a massive decline of 34.35 per cent against the US dollar in the interbank foreign exchange market.

    The US dollar was at Rs178.17 at opening on January 04, 2022 and closed at Rs239.37 on July 29, 2022 in the interbank foreign exchange market.

    READ MORE: Pakistani Rupee to Saudi Riyal on July 30, 2022

    Experts believed that the downgrade of the rating of Pakistan by three top credit rating agencies deteriorated the outlook of the country. Furthermore, the political conflict further aggravated the situation.

    Further the Rupee declined against SAR because of the exchange of currency for pilgrimage to Saudi Arabia. The Hajj began on July 7, 2022, when the SAR closed at Rs55.49.

    READ MORE: Pakistani Rupee to Saudi Riyal on July 29, 2022

    The rupee also declined against the Saudi Riyal on account of the massive fall of the local currency against the US Dollar after the country has been trapped in foreign exchange reserves shortage.

  • Rupee fall to continue till IMF fund realization: Pakistan’s top bank

    Rupee fall to continue till IMF fund realization: Pakistan’s top bank

    KARACHI: Pakistani Rupee likely to continue its falling spree until the country receives funds from the International Monetary Fund (IMF), according to an analyst briefing by the Habib Bank of Pakistan (HBL), the top bank of the country.

    “The bank management believes that the rupee would continue to depreciate until Pakistan receives $1.2 billion from IMF,” according to the Topline Securities quoting the bank.

    READ MORE: HBL ordered to compensate bank fraud victim

    The HBL conducted its second quarter of 2022 analyst briefing on July 29, 2022 where the management discussed financial results of the bank and its future outlook.

    The asset repricing of the loan book is likely to re-price by 3Q2022 and 4Q2022. As a result, Net Interest Income (NII) and Net Interest Margins (NIMs) of the bank are likely to remain strong in 2H2022 as per the management. The management expects further hike in policy rate in the upcoming monetary policy meeting.

    READ MORE: SBP takes measures for prevention of digital bank fraud

    On loan growth the management indicates that HBL will continue to grow and remain in double digit. Deposits are also expected to grow in an ongoing year where HBL is targeting to maintain its market share of 14 per cent.

    Foreign exchange income jumped to Rs7.8 billion in the first half of 2022 vs Rs1.4 billion 1H2021 primarily due to (1) Rs1.3 billion from the revaluation of overseas banking due to rupee devaluation, (2) Rs3.2 billion generated from the long derivative FX position, and (3) Rs1.9 billion treasury activities.

    The bank offered Voluntary Separation Scheme (VSS) to its employees amounting to Rs2.6 billion in 1Q2022 and Rs0.6 billion in 2Q2022.

    READ MORE: SBP directs banks to report digital fraud cases

    Out of the total PIB portfolio, around 55 per cent of PIBs are floater rates with average yield of around 11 per cent and T-bill yields of 10.75 per cent. Fixed PIB worth of Rs50 billion is maturing in July however no other PIBs are maturing in 2H2022.

    HBL continues to focus on improving its customer experience in the digital space which is also evident from its improving numbers. Total mobile app monthly active users reached 1.8 million in 1H2022 vs. 1.3 million in 1H2021.

    READ MORE: Habib Bank, Meezan Bank directed to pay fraud victims

    The management highlighted that in the current economic scenario, stress is seen in Autos, Cement, Steel and few other customers but with current provisions HBL is at a comfortable levels. Total coverage of the bank now stands at 101 per cent in June 2022 vs. 100 per cent in March 2022.

    Bank’s cost to income ratio in 1H2022 stood at 52.1 per cent vs. 51.3 per cent in 1H2021. Management targets to maintain the current cost to income ratio where the growth in operating expenses are in line with the inflation.

    HBL posted strong financial results, but due to higher taxation which hits bottom-line resulting into ROE of 9.2 per cent and ROA of 0.5 per cent.

    READ MORE: President Alvi rejects MCB Bank’s appeal in fraud case

  • Foreign currency rates in Pak Rupee – July 31, 2022

    Foreign currency rates in Pak Rupee – July 31, 2022

    KARACHI: Following are the open market exchange rates of foreign currencies in Pak Rupee (PKR) in Pakistan on July 31, 2022 (The rates are updated at 11:38 AM (Pakistan Standard Time):

    CURRENCY NAMEBUYINGSELLING
       
    US DOLLAR $ (USD)240.00243.00
    SAUDI RIYAL (SAR)64.0065.00
    UAE DIRHAM (AED)65.3066.30
    EURO (EUR)245.00248.00
    UK POUND (GBP)292.00296.00
    JAPANESE YEN (JPY)1.761.78
    SWISS FRANC (CHF)249.62250.62
    DANISH KRONE (DKK)32.5333.63
    NORWEGIAN KRONE (NOK)24.3324.43
    SWEDISH KRONA (SEK)23.1923.29
    AUSTRALIAN DOLLAR (AUD)167.00169.00
    CANADIAN DOLLAR (CAD)187.00190.00
    INDIAN RUPEE (INR)2.402.70
    CHINESE YUAN (CNY)33.5035.00
    AFGHAN AFGHANI (AFN)1.702.00

    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.

  • Pakistani Rupee to US Dollar on July 31, 2022

    Pakistani Rupee to US Dollar on July 31, 2022

    KARACHI: Following are the rates of buying and selling of one US dollar (USD) in Pakistani Rupee (PKR) in the open market on July 31, 2022:

    Buying: Rs 240.00 to the US Dollar

    Selling: Rs 243.00 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 11:05 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.

    READ MORE: Pakistani Rupee to US Dollar on July 30, 2022

    ————————————————-

    Pakistani Rupee to UAE Dirham on July 31, 2022

    KARACHI: Following are the rates of buying and selling of one UAE Dirham (AED) in Pakistani Rupee (PKR) in the open market on July 31, 2022:

    Buying: Rs 65.30 to the UAE Dirham

    Selling: Rs 66.30 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 11:05 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.

    READ MORE: Pakistani Rupee to UAE Dirham on July 30, 2022

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    Pakistani Rupee to UK Pound Sterling on July 31, 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 July 31, 2022:

    Buying: Rs 292.00 to the UK Pound Sterling

    Selling: Rs 296.00 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 11:04 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.

    READ MORE: Pakistani Rupee to UK Pound Sterling on July 30, 2022

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    Pakistani Rupee to Euro on July 31, 2022

    KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on July 31, 2022:

    Buying: Rs 245.00 to the Euro

    Selling: Rs 248.00 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 11:04 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.

    READ MORE: Pakistani Rupee to Euro on July 30, 2022

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    Pakistani Rupee to Saudi Riyal on July 31, 2022

    KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on July 31, 2022:

    Buying: Rs 64.00 to the Saudi Riyal

    Selling: Rs 65.00 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 11:03 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.

    READ MORE: Pakistani Rupee to Saudi Riyal on July 30, 2022

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    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.