Author: Hamza Shahnawaz

  • Price, specs of Samsung Galaxy S22 Ultra in Pakistan

    Price, specs of Samsung Galaxy S22 Ultra in Pakistan

    Samsung Galaxy S22 Ultra was released in Pakistan on February 09, 2022. The price of the phone with internal memory of 256 GB and RAM of 12 GB is Rs 331,999.

    Galaxy S22 Ultra’s immersive 6.8-inch, Dynamic AMOLED 2X adaptive 120Hz display brings everything to life in stunning detail on our brightest display ever, with a peak brightness of 1,750 nits.

    READ MORE: Price, specs of Infinix Note 12 G96 in Pakistan

    For the first time ever, the S Pen is available on an S Series device – bringing with it all the great notetaking and drawing features, but now with 70% lower latency. The phone is available in the colors of Burgundy, Green, Phantom Black and Phantom White.

    Whether you’re posting to social media or just sharing with family, taking great pictures and videos is now easier than ever — day and night. Paired with intelligent camera features like Nightography to help you take great photos even in low light, and the ability to edit Raw photos in post like a pro, you can now make your photos stand out with a style all your own.

    Following are the complete specifications of Samsung Galaxy S22 Ultra:

    SIM SupportDual SIM, dual stand-by (2 Nano-SIMs + eSIM)
    Phone Dimensions163.3 x 77.9 x 8.9 mm
    Phone Weight229 g
    Operating SystemAndroid 12, One UI 4.1
    Screen Size6.8 inches
    Screen Resolution1440 x 3080 pixels
    Screen TypeDynamic AMOLED 2X Capacitive Touchscreen, Multitouch
    Screen ProtectionCorning Gorilla Glass Victus
    Internal Memory256 GB
    RAM12 GB
    Card SlotNo
    ProcessorSnapdragon 8 Gen 1
    GPUAdreno 730
    Battery type(Li-ion Non removable), 5000 mAh
    Front Camera40 MP
    Front Flash LightNo
    Front Video Recording4K@30/60fps, 1080p@30fps
    Back Flash LightYes
    Back Camera108 MP + 10 MP + 10 MP + 12 MP
    Back Video Recording8K@24fps, 4K@30/60fps,
    BluetoothYes
    3GYes
    4G/LTEYes
    5GYes
    WiFiYes
    NFCYes
  • Poll suggests SBP to keep benchmark policy rate unchanged at 15pc

    Poll suggests SBP to keep benchmark policy rate unchanged at 15pc

    KARACHI: A poll has suggested that the State Bank of Pakistan (SBP) likely to keep benchmark policy rate at 15 in its monetary policy announcement scheduled for November 25, 2022.

    Topline Research conducted a Poll from market participants to assess their view on the upcoming Monetary Policy announcement.

    READ MORE: SBP keeps policy rate unchanged at 15% amid economic deceleration

    As per the survey, 79 per cent of the participants expects no change in policy rate in upcoming monetary policy and is likely to remain at 15 per cent. Around 16 per cent of the participants anticipates an increase whereas 5 per cent of the participants expects a decrease in policy rate.

    Responding to second question on their view about policy rate by end of the current fiscal year 2022-2023, majority think policy rate will be less than what it is now by June 2023.

    About 35 per cent of the participants expects policy rate to be in the range of 14-15 per cent, 27 per cent of the participants expects policy rate to be in the range of 13-14 per cent, and 19 per cent of the participants anticipate it to be in the range of 12 per cent-13 per cent by June 2023.

    READ MORE: SBP keeps benchmark rate unchanged at 15% amid rising inflation

    In terms of outlook for Current Account Deficit (CAD), 62 per cent of the participants expect CAD to be in a range of US$8-12 billion in FY23, while 21 per cent of the participants expect CAD to be below US$8 billion in FY23. 16 per cent of the participants expect CAD to be over US$12 billion in FY23. To recall, CAD in FY22 had clocked in at US$17.4 billion led by sharp uptick in imports.

    These results are also in line with our estimates where we think that policy rate will remain unchanged in upcoming monetary policy and are now at its peak where we can see a decline in policy rates in the second half of the current fiscal year.

    READ MORE: Poll sees no policy rate change in August 22, 2022 meeting

    Since last monetary policy statement on October 10, 2022, CPI inflation increased to 26.6 per cent in October 2022 as compared to 23 per cent in September 2022 but this was primarily due to major adjustment in electricity tariffs which will not be recurring.

    Furthermore, October 2022 imports saw 13 per cent contraction as a result trade deficit in October 2022 was down to $2.3 billion from $2.9 billion in September 2022. This is likely to keep a check in CAD going forward and will be a key driver in SBP’s monetary policy stance.

    Moreover, floods and monetary & fiscal tightening measures have led to slowdown in aggregate demand which could lead to SBP opting for status quo, we believe.

    READ MORE: Pakistan hikes key policy rate by 125 basis points to 15%

  • Pakistan forex reserves inch up to $13.796 billion

    Pakistan forex reserves inch up to $13.796 billion

    KARACHI: Foreign exchange (forex) reserves of Pakistan inched up by $75 million to $13.796 billion by week ended November 11, 2022, State Bank of Pakistan (SBP) said on Thursday.

    The foreign exchange reserves of the country were at $13.721 billion a week ago i.e. November 04, 2022.

    READ MORE: Pakistan FX reserves slip sharply by $958 mn on external payments

    The country’s foreign exchange reserves hit all-time high of $27.228 billion on August 27, 2021. Since then the foreign exchange reserves have declined by $13.432 billion.

    The official foreign exchange reserves of the State Bank nominally increased by $3 million to 7.96 billion by week ended November 11, 2022 as compared with $7.957 billion a week ago.

    READ MORE: SBP’s weekly forex reserves dip by $157 million to $7.44 billion

    The foreign exchange reserves held by the central bank witnessed a record high at $20.146 billion by week ended August 27, 2021. Since then the official reserves of the SBP dropped by $12.185 billion.

    READ MORE: Pakistan’s weekly forex reserves increase nominally

    It is pertinent to mention that the SBP’s reserves witnessed sizeable increase a week ago after the Asian Development Bank (ADB) released the fund amounting $1.5 billion to Pakistan on October 26, 2022.

    The foreign exchange reserves held by commercial banks recorded an increase of $72 million to $5.836 billion by week ended November 11, 2022 as compared with $5.764 billion a week ago.

    READ MORE: Pakistan’s forex reserves continue to fall; deplete to $13.25 billion

  • PKR to GBP on November 17, 2022

    PKR to GBP on November 17, 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 November 17, 2022:

    Buying: Rs 278.00 to the UK Pound Sterling

    Selling: Rs 280.80 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.

    PKR to GBP on November 16, 2022

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    PKR to AED on November 17, 2022

    KARACHI: Following are the rates of buying and selling of one UAE Dirham (AED) in Pakistani Rupee (PKR) in the open market on November 17, 2022:

    Buying: Rs 64.20 to the UAE Dirham

    Selling: Rs 64.80 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.

    PKR to AED on November 16, 2022

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    PKR to CAD on November 17, 2022

    KARACHI: Following are the rates of buying and selling of one Canadian Dollar (CAD) in Pakistani Rupee (PKR) in the open market on November 17, 2022:

    Buying: Rs 175.60 to the Canadian Dollar

    Selling: Rs 177.60 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.

    PKR to CAD on November 16, 2022

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    PKR to USD on November 17, 2022

    KARACHI: Following are the rates of buying and selling of one US dollar (USD) in Pakistani Rupee (PKR) in the open market on November 17, 2022:

    Buying: Rs 226.70 to the US Dollar

    Selling: Rs 229.00 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 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.

    PKR to USD on November 16, 2022

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    PKR to SAR on November 17, 2022

    KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on November 17, 2022:

    Buying: Rs 62.20 to the Saudi Riyal

    Selling: Rs 62.80 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.

    PKR to SAR on November 16, 2022

    ————————————————-

    PKR to EUR on November 17, 2022

    KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on November 17, 2022:

    Buying: Rs 243.00 to the Euro

    Selling: Rs 245.50 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.

    PKR to EUR on November 16, 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.

  • PKR to EUR on November 17, 2022

    PKR to EUR on November 17, 2022

    KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on November 17, 2022:

    Buying: Rs 243.00 to the Euro

    Selling: Rs 245.50 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.

    PKR to EUR on November 16, 2022

    ————————————————-

    PKR to GBP on November 17, 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 November 17, 2022:

    Buying: Rs 278.00 to the UK Pound Sterling

    Selling: Rs 280.80 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.

    PKR to GBP on November 16, 2022

    ————————————————-

    PKR to AED on November 17, 2022

    KARACHI: Following are the rates of buying and selling of one UAE Dirham (AED) in Pakistani Rupee (PKR) in the open market on November 17, 2022:

    Buying: Rs 64.20 to the UAE Dirham

    Selling: Rs 64.80 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.

    PKR to AED on November 16, 2022

    ————————————————-

    PKR to CAD on November 17, 2022

    KARACHI: Following are the rates of buying and selling of one Canadian Dollar (CAD) in Pakistani Rupee (PKR) in the open market on November 17, 2022:

    Buying: Rs 175.60 to the Canadian Dollar

    Selling: Rs 177.60 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.

    PKR to CAD on November 16, 2022

    ————————————————-

    PKR to USD on November 17, 2022

    KARACHI: Following are the rates of buying and selling of one US dollar (USD) in Pakistani Rupee (PKR) in the open market on November 17, 2022:

    Buying: Rs 226.70 to the US Dollar

    Selling: Rs 229.00 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 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.

    PKR to USD on November 16, 2022

    ————————————————-

    PKR to SAR on November 17, 2022

    KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on November 17, 2022:

    Buying: Rs 62.20 to the Saudi Riyal

    Selling: Rs 62.80 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.

    PKR to SAR on November 16, 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.

  • PKR to SAR on November 17, 2022

    PKR to SAR on November 17, 2022

    KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on November 17, 2022:

    Buying: Rs 62.20 to the Saudi Riyal

    Selling: Rs 62.80 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.

    PKR to SAR on November 16, 2022

    ————————————————-

    PKR to EUR on November 17, 2022

    KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on November 17, 2022:

    Buying: Rs 243.00 to the Euro

    Selling: Rs 245.50 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.

    PKR to EUR on November 16, 2022

    ————————————————-

    PKR to GBP on November 17, 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 November 17, 2022:

    Buying: Rs 278.00 to the UK Pound Sterling

    Selling: Rs 280.80 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.

    PKR to GBP on November 16, 2022

    ————————————————-

    PKR to AED on November 17, 2022

    KARACHI: Following are the rates of buying and selling of one UAE Dirham (AED) in Pakistani Rupee (PKR) in the open market on November 17, 2022:

    Buying: Rs 64.20 to the UAE Dirham

    Selling: Rs 64.80 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.

    PKR to AED on November 16, 2022

    ————————————————-

    PKR to CAD on November 17, 2022

    KARACHI: Following are the rates of buying and selling of one Canadian Dollar (CAD) in Pakistani Rupee (PKR) in the open market on November 17, 2022:

    Buying: Rs 175.60 to the Canadian Dollar

    Selling: Rs 177.60 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.

    PKR to CAD on November 16, 2022

    ————————————————-

    PKR to USD on November 17, 2022

    KARACHI: Following are the rates of buying and selling of one US dollar (USD) in Pakistani Rupee (PKR) in the open market on November 17, 2022:

    Buying: Rs 226.70 to the US Dollar

    Selling: Rs 229.00 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 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.

    PKR to USD on November 16, 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.

  • Pakistan’s first hybrid electric vehicle launches on Nov 17, 2022

    Pakistan’s first hybrid electric vehicle launches on Nov 17, 2022

    Pakistan’s first hybrid electric vehicle is scheduled to be launched on November 17, 2022, according to a statement issued on Wednesday.

    Sazgar Engineering Works Limited in an announcement to Pakistan Stock Exchange (PSX) stated that the company had successfully assembled/manufactured locally the first hybrid electric vehicle (HEV) of Pakistan and is being launched under the brand ‘HAVAL’ as on November 17, 2022.

    HAVAl is a global SUV specialist; one of the four automotive brands within the GMW Group. With over five million sales worldwide, HAVAL is the third largest global SUV brand that delivers vehicles of the highest quality, engineering with world class components, including German-engineered stability control technology.

    In the pursuit of perfection, the company continuously improve vehicles’ safety, reliability, versatility, styling and technology. At HAVAL, the company puts success down to a combination of passion, commitment and always listening to the customers. Through innovation and dedication, the company aims to manufacture world-class SUVs that deliver undisputed value.

    Haval has been the highest selling SUV brand in the world’s largest economy for over 12 years straight and the No 1 pick-up manufacturer for over 25 years.

    The company is committed to establish HAVAL as the world’s leading specialist SUV brand. While other manufacturers are spreading their focus across a wide range of vehicles and platforms, HAVAL is specializing in what is the fastest growing automotive sector in the world.

  • Honda Cars Pakistan posts massive 85pc decline in half year profit

    Honda Cars Pakistan posts massive 85pc decline in half year profit

    Honda Atlas Cars (Pakistan) Limited on Wednesday announced a massive 85 per cent decline in profit after tax for half year ended September 30, 2022.

    According to financial results submitted to Pakistan Stock Exchange (PSX), Honda Cars Pakistan declared Rs273 million as profit after tax for the period April – September 2022 as compared with Rs1.87 billion in the corresponding period of the last year.

    READ MORE: Faysal Bank posts 51% growth in profit before tax

    The earnings per share (EPS) also restricted to Rs1.91 for the period under review as compared with Rs13.08 in the same period of the last year.

    The board of directors of Honda Atlas Cars (Pakistan) Limited met on November 16, 2022 and approved the financial results for the half year ended September 30, 2022.

    READ MORE: NBP net profit declines by 21% on high tax incidence in 9MCY22

    Total sales of the company slightly increased to Rs49.79 billion during the half year ended September 30, 2022 when compared with Rs47.74 billion in the same period of the last year.

    The company posted gross profit at Rs2.59 billion during April – September 2022 when compared with Rs3.38 billion in the corresponding period of the last year.

    READ MORE: K-Electric posts huge losses despite 144% jump in tariff adjustment revenue

    Administrative expenses of the company increased to Rs661 million during the period of six months ended September 30, 2022 when compared with Rs503 million in the same months of the last year.

    Honda Atlas Cars (Pakistan) Limited posted loss of Rs385 million during the quarter ended September 30, 2022 when compared with a profit of Rs939 million in the same quarter of the last year.

    READ MORE: Jazz supports breast cancer awareness campaign

  • Toyota launched all-new Prius globally

    Toyota launched all-new Prius globally

    JAPAN: Toyota Corporation on November 16, 2022 launched all-new Prius for first time globally.

    (more…)
  • Foreign currency rates in PKR – November 16, 2022

    Foreign currency rates in PKR – November 16, 2022

    KARACHI: Following are the open market exchange rates of foreign currencies in Pak Rupee (PKR) in Pakistan on November 16, 2022 (The rates are updated at 09:00 AM (Pakistan Standard Time):

    CURRENCY NAMEBUYINGSELLING
    US DOLLAR $ (USD)225.50227.75
    SAUDI RIYAL (SAR)62.0062.62
    UAE DIRHAM (AED)64.0064.64
    EURO (EUR)243.00245.40
    UK POUND (GBP)276.00278.80
    JAPANESE YEN (JPY)1.661.68
    SWISS FRANC (CHF)247.09248.09
    DANISH KRONE (DKK)32.1632.26
    NORWEGIAN KRONE (NOK)23.0623.16
    SWEDISH KRONA (SEK)22.1022.20
    AUSTRALIAN DOLLAR (AUD)156.00158.00
    CANADIAN DOLLAR (CAD)175.00177.00
    INDIAN RUPEE (INR)2.352.70
    CHINESE YUAN (CNY)32.0034.00
    AFGHAN AFGHANI (AFN)2.002.50

    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.

    Foreign currency rates in PKR – November 15, 2022