Author: Hamza Shahnawaz

  • Pak Rupee to Euro on September 2, 2021

    Pak Rupee to Euro on September 2, 2021

    KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on September 2, 2021:

    Buying: Rs 196.50 to the Euro

    Selling: Rs 198.50 to the Euro

    We update rates hourly so we can offer you the best EUR to PKR.

    The Euro /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.

    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.

  • Pak Rupee to UK Pound on September 2, 2021

    Pak Rupee to UK Pound on September 2, 2021

    KARACHI: Following are the rates of buying and selling of one UK Pound Sterling (GBP) in Pakistani Rupee (PKR) in the open market on September 2, 2021:

    Buying: Rs 229.50 to the UK Pound Sterling

    Selling: Rs 231.50 to the UK Pound Sterling

    We update rates hourly so we can offer you the best GBP to PKR.

    The UK Pound Sterling /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.

    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.

  • August inflation increases by 8.4%

    August inflation increases by 8.4%

    KARACHI: The Consumer Price Index (CPI) has increased by 8.4 per cent on year-on-year (YoY) basis in August 2021 as compared to an increase of 8.4 per cent in the previous month and 8.2 per cent in August 2020.

    The Pakistan Bureau of Statistics (PBS) on Wednesday said that on month-on-month basis, it increased by 0.6 per cent in August 2021 as compared to increase of 1.3 per cent in the previous month and an increase of 0.6 per cent in August 2020.

    CPI inflation Urban, increased by 8.3 per cent on year-on-year basis in August 2021 as compared to an increase of 8.7 per cent in the previous month and 7.1 per cent in August 2020. On month-on-month basis, it increased by 0.5 per cent in August 2021 as compared to increase of 1.29 per cent in the previous month and an increase of 0.8 per cent in August 2020.

    CPI inflation Rural, increased by 8.4 per cent on year-on-year basis in August 2021 as compared to an increase of 8.0 per cent in the previous month and 9.9 per cent in August 2020. On month-on-month basis, it increased by 0.7 per cent in August 2021 as compared to increase of 1.4 per cent in the previous month and an increase of 0.4 per cent in August 2020.

    Senstive Price Indicator (SPI) inflation on YoY increased by 15.9 per cent in August 2021 as compared to an increase of 16.2 per cent a month earlier and an increase of 11.7 per cent in August 2020.

    On MoM basis, it increased by 0.7 per cent in August 2021 as compared to increase of 1.8 per cent a month earlier and an increase of 0.9 per cent in August 2020.

    Wholesale Price Index (WPI) inflation on YoY basis increased by 17.1 per cent in August 2021 as compared to an increase of 17.3 per cent a month earlier and an increase of 3.3 per cent in August 2020. WPI inflation on MoM basis increased by 1.2 per cent in August 2021 as compared to an increase of 2.3 per cent a month earlier and an increase of 1.3 per cent in corresponding month i.e. August 2020.

  • Export facilitation system module added to WeBOC

    Export facilitation system module added to WeBOC

    ISLAMABAD: The Federal Board of Revenue (FBR) has added the export facilitation system with the online clearance program i.e. WeBOC.

    According to a statement issued on Wednesday, the FBR successfully developed and rolled out a new module in the WeBOC system for Online Export Facilitation Scheme (EFS) Authorization Application.

    This facility can be availed by the exporters after getting registered in the WeBOC system. In this regard, a new feature for this purpose has been added in the WeBOC menu “Export Facilitation Scheme (EFS) / Export Oriented Unit (EOU) / Manufacturing Bond (MB)”.

    The license application, which is available in the WeBOC system, is to be filled online by the respective traders/exporters.

    The online EFS application would be submitted to the relevant Customs formation where after initial scrutiny, it would be marked to the Regulatory Authority who will further execute the approval process.

    In both the cases where license is approved either provisionally or finally it will be forwarded to IOCO or EDB for the issuance of analysis certificate and message will be sent to the trader/exporter.

    An additional feature has also been introduced in the WeBOC system whereby the traders can apply online for the license of Common Export House.

    The Common Export House will provide facilities of purchasing imported intermediary goods/raw material to SMEs as well as direct and indirect exporters.

    The stakeholders that include SMEs, Exporters, Customs Agents and Ministry of Commerce immensely lauded the initiative as a tool that will provide the much needed lift to Pakistan’s industry and exports, in turn creating employment opportunities and earning foreign exchange.

    By launching the EFS module, Pakistan has achieved an important milestone envisaged in the Trade Facilitation Agreement, 2017.

    This initiative will remove the bottlenecks faced by Small and Medium Enterprises in exporting their goods thus playing an effective role in improving the country’s rating on World Bank’s Ease of Doing Business and Trading Across the Borders indices.

  • Pak Rupee to Saudi Riyal on September 1, 2021

    Pak Rupee to Saudi Riyal on September 1, 2021

    KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on September 1, 2021:

    Buying: Rs 44.20 to the Saudi Riyal

    Selling: Rs 44.70 to the Saudi Riyal

    We update rates hourly so we can offer you the best SAR to PKR.

    The Saudi Riyal /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.

    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.

  • Pak Rupee to UAE Dirham on September 1, 2021

    Pak Rupee to UAE Dirham on September 1, 2021

    KARACHI: Following are the rates of buying and selling of one UAE Dirham (AED) in Pakistani Rupee (PKR) in the open market on September 1, 2021:

    Buying: Rs 45.20 to the UAE Dirham

    Selling: Rs 45.70 to the UAE Dirham

    We update rates hourly so we can offer you the best AED to PKR.

    The UAE Dirham /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.

    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.

  • Pak Rupee to Euro on September 1, 2021

    Pak Rupee to Euro on September 1, 2021

    KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on September 1, 2021:

    Buying: Rs 194 to the Euro

    Selling: Rs 196 to the Euro

    We update rates hourly so we can offer you the best EUR to PKR.

    The Euro /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.

    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.

  • Pak Rupee to UK Pound on September 1, 2021

    Pak Rupee to UK Pound on September 1, 2021

    KARACHI: The open market in Karachi is currently witnessing dynamic shifts in the exchange rates of the UK Pound Sterling (GBP) against the Pakistani Rupee (PKR). As of September 1, 2021, the buying rate stands at Rs 228.50, while the selling rate is at Rs 230.50.

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  • Pak Rupee to US Dollar on September 1, 2021

    Pak Rupee to US Dollar on September 1, 2021

    Karachi, September 1, 2021 – The open market in Karachi continues to exhibit stability in the exchange rates of the US Dollar (USD) to Pakistani Rupee (PKR) on September 1, 2021.

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  • Foreign exchange rates on September 1, 2021

    Foreign exchange rates on September 1, 2021

    KARACHI: Following are the exchange rates of foreign currencies in Pak Rupee (PKR) on September 1, 2021:

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