Author: Hamza Shahnawaz

Pakistani Rupee to Saudi Riyal on October 15, 2022

KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on October 15, 2022:

Buying: Rs 59.30 to the Saudi Riyal

Selling: Rs 60.30 to the Saudi Riyal

The buying rate means an exchange company or a bank buys foreign currency from a customer.

The selling rate means an exchange company or a bank sells for foreign currency from a customer.

The rate has been updated at 09:00 AM Pakistan Standard Time (PST).

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

Pakistani Rupee to Saudi Riyal on October 14, 2022

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Pakistani Rupee to Euro on October 15, 2022

KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on October 15, 2022:

Buying: Rs 217.00 to the Euro

Selling: Rs 219.20 to the Euro

The buying rate means an exchange company or a bank buys foreign currency from a customer.

The selling rate means an exchange company or a bank sells for foreign currency from a customer.

The rate has been updated at 09:00 AM Pakistan Standard Time (PST).

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

Pakistani Rupee to Euro on October 14, 2022

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Pakistani Rupee to UK Pound Sterling on October 15, 2022

KARACHI: Following are the rates of buying and selling of one UK Pound Sterling (GBP) in Pakistani Rupee (PKR) in the open market on October 15, 2022:

Buying: Rs 251.00 to the UK Pound Sterling

Selling: Rs 253.50 to the UK Pound Sterling

The buying rate means an exchange company or a bank buys foreign currency from a customer.

The selling rate means an exchange company or a bank sells the foreign currency from a customer.

The rate has been updated at 09:00 AM Pakistan Standard Time (PST).

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

Pakistani Rupee to UK Pound Sterling on October 14, 2022

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Pakistani Rupee to UAE Dirham on October 15, 2022

KARACHI: Following are the rates of buying and selling of one UAE Dirham (AED) in Pakistani Rupee (PKR) in the open market on October 15, 2022:

Buying: Rs 60.60 to the UAE Dirham

Selling: Rs 61.60 to the UAE Dirham

The buying rate means an exchange company or a bank buys foreign currency from a customer.

The selling rate means an exchange company or a bank sells the foreign currency from a customer.

The rate has been updated at 09:00 AM Pakistan Standard Time (PST).

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

Pakistani Rupee to UAE Dirham on October 14, 2022

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Pakistani Rupee to Canadian Dollar on October 15, 2022

KARACHI: Following are the rates of buying and selling of one Canadian Dollar (CAD) in Pakistani Rupee (PKR) in the open market on October 15, 2022:

Buying: Rs 162.00 to the Canadian Dollar

Selling: Rs 164.00 to the Canadian Dollar

The buying rate means an exchange company or a bank buys foreign currency from a customer.

The selling rate means an exchange company or a bank sells for foreign currency from a customer.

The rate has been updated at 09:00 AM Pakistan Standard Time (PST).

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

Pakistani Rupee to Canadian Dollar on October 14, 2022

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Pakistani Rupee to US Dollar on October 15, 2022

KARACHI: Following are the rates of buying and selling of one US dollar (USD) in Pakistani Rupee (PKR) in the open market on October 15, 2022:

Buying: Rs 220.70 to the US Dollar

Selling: Rs 222.90 to the US Dollar

The buying rate means an exchange company or a bank buys foreign currency from a customer.

The selling rate means an exchange company or a bank sells the foreign currency from a customer.

The rate has been updated at 09:00 AM Pakistan Standard Time (PST).

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

Pakistani Rupee to US Dollar on October 14, 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.

October 15, 2022
Mari Petroleum plans first offshore drilling by 4QFY23

KARACHI: Mari Petroleum Company has planned to drill first well at offshore block in fourth quarter of the current fiscal year.

The management of the company on Friday while commenting on the Abu Dhabi offshore block, disclosed that the company planned to drill first well in 4QFY23 with the consortium. “For this, company has invested $10 million which will bear drilling expenditures,” according to Insight Research.

READ MORE: Mari Petroleum stops production from Zarghun, Bolan fields

Mari Petroleum conducted corporate briefing to discuss financial results and future outlook of the company.

The Insight Research highlighted key takeaways from the briefing.

During fiscal year 2021/2022, MARI posted highest net sales and profit after tax of PKR 95 billion and PKR 33 billion with PKR 247.80 Earning Per Share (EPS), up by 30 per cent and 5 per cent Year on Year (YoY), respectively.

The increase in earnings is attributable to higher realized gas prices led by elevated oil prices and PKR devaluation coupled with higher gas production.

Company’s production has crossed the mark of 100K BOEPD first time in history due to export of undrawn volumes towards SNGPL network and addition of new wells.

To highlight, company has exported 45bcf gas towards SNGPL network under 3rd party pipeline access to sell gas.

The company has planned a CAPEX of $200 million for a period of FY23-FY24, however, materialization of this development hinges on various factors, including security conditions, operational disruptions etc.

As part of company’s aggressive strategy to acquire new exploration sites, company has won 11 blocks in 2 years (FY21 and FY22), taking cumulative blocks to 29.

According to management, gas reserves estimate for Bannu west-1 is 55 mmcfd, whereas it will take 7-8 months to come online depending upon on the security situation.

As per company, average production of Habib Rahi Limestone (HRL) is 630 mmcfd in which company is entitled to receive incremental pricing based on PP-12 on production above 525 mmcfd.

In recent development, company has successfully completed and tested its first ever horizontal development well in HRL reservoir at a gas rate of around 21mmcfd with a well head pressure of 426 Psi.

October 14, 2022

Foreign currency rates in PKR – October 14, 2022

KARACHI: Following are the open market exchange rates of foreign currencies in Pak Rupee (PKR) in Pakistan on October 14, 2022 (The rates are updated at 09:00 AM (Pakistan Standard Time):

CURRENCY NAME	BUYING	SELLING

US DOLLAR $ (USD)	221.00	223.00
SAUDI RIYAL (SAR)	59.00	60.00
UAE DIRHAM (AED)	60.50	61.50
EURO (EUR)	216.00	219.00
UK POUND (GBP)	247.00	250.00
JAPANESE YEN (JPY)	1.48	1.50
SWISS FRANC (CHF)	218.84	219.84
DANISH KRONE (DKK)	28.48	28.58
NORWEGIAN KRONE (NOK)	20.42	20.52
SWEDISH KRONA (SEK)	19.30	19.40
AUSTRALIAN DOLLAR (AUD)	138.00	140.00
CANADIAN DOLLAR (CAD)	161.00	163.00
INDIAN RUPEE (INR)	2.30	2.60
CHINESE YUAN (CNY)	30.00	32.00
AFGHAN AFGHANI (AFN)	2.00	2.50

Disclaimer: Team PKRevenue.com provides the available rates of the open market, which are subject to change every hour. Team PKRevenue.com provides the available exchange rates at the time of posting the story. So the team is not responsible for any inaccuracy of the data.

Foreign currency rates in PKR – October 13, 2022

October 14, 2022

Pakistani Rupee to US Dollar on October 14, 2022

KARACHI: Following are the rates of buying and selling of one US dollar (USD) in Pakistani Rupee (PKR) in the open market on October 14, 2022:

Buying: Rs 221.00 to the US Dollar

Selling: Rs 223.00 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.

Pakistani Rupee to US Dollar on October 13, 2022

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Pakistani Rupee to Saudi Riyal on October 14, 2022

KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on October 14, 2022:

Buying: Rs 59.00 to the Saudi Riyal

Selling: Rs 60.00 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 09:00 AM Pakistan Standard Time (PST).

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

Pakistani Rupee to Saudi Riyal on October 13, 2022

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Pakistani Rupee to Euro on October 14, 2022

KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on October 14, 2022:

Buying: Rs 216.00 to the Euro

Selling: Rs 219.00 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 09:00 AM Pakistan Standard Time (PST).

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

Pakistani Rupee to Euro on October 13, 2022

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Pakistani Rupee to UK Pound Sterling on October 14, 2022

KARACHI: Following are the rates of buying and selling of one UK Pound Sterling (GBP) in Pakistani Rupee (PKR) in the open market on October 14, 2022:

Buying: Rs 247.00 to the UK Pound Sterling

Selling: Rs 250.00 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 October 13, 2022

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Pakistani Rupee to UAE Dirham on October 14, 2022

KARACHI: Following are the rates of buying and selling of one UAE Dirham (AED) in Pakistani Rupee (PKR) in the open market on October 14, 2022:

Buying: Rs 60.50 to the UAE Dirham

Selling: Rs 61.50 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 October 13, 2022

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Pakistani Rupee to Canadian Dollar on October 14, 2022

KARACHI: Following are the rates of buying and selling of one Canadian Dollar (CAD) in Pakistani Rupee (PKR) in the open market on October 14, 2022:

Buying: Rs 161.00 to the Canadian Dollar

Selling: Rs 163.00 to the Canadian Dollar

The buying rate means an exchange company or a bank buys foreign currency from a customer.

The selling rate means an exchange company or a bank sells for foreign currency from a customer.

The rate has been updated at 09:00 AM Pakistan Standard Time (PST).

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

Pakistani Rupee to Canadian Dollar on October 13, 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.

October 14, 2022
Pakistani Rupee to Canadian Dollar on October 14, 2022

KARACHI: Following are the rates of buying and selling of one Canadian Dollar (CAD) in Pakistani Rupee (PKR) in the open market on October 14, 2022:
(more…)

October 14, 2022
Pakistani Rupee to UAE Dirham on October 14, 2022

KARACHI: Following are the rates of buying and selling of one UAE Dirham (AED) in Pakistani Rupee (PKR) in the open market on October 14, 2022:

Buying: Rs 60.50 to the UAE Dirham

Selling: Rs 61.50 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 October 13, 2022

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Pakistani Rupee to Canadian Dollar on October 14, 2022

KARACHI: Following are the rates of buying and selling of one Canadian Dollar (CAD) in Pakistani Rupee (PKR) in the open market on October 14, 2022:

Buying: Rs 161.00 to the Canadian Dollar

Selling: Rs 163.00 to the Canadian Dollar

The buying rate means an exchange company or a bank buys foreign currency from a customer.

The selling rate means an exchange company or a bank sells for foreign currency from a customer.

The rate has been updated at 09:00 AM Pakistan Standard Time (PST).

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

Pakistani Rupee to Canadian Dollar on October 13, 2022

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Pakistani Rupee to US Dollar on October 14, 2022

KARACHI: Following are the rates of buying and selling of one US dollar (USD) in Pakistani Rupee (PKR) in the open market on October 14, 2022:

Buying: Rs 221.00 to the US Dollar

Selling: Rs 223.00 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.

Pakistani Rupee to US Dollar on October 13, 2022

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Pakistani Rupee to Saudi Riyal on October 14, 2022

KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on October 14, 2022:

Buying: Rs 59.00 to the Saudi Riyal

Selling: Rs 60.00 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 09:00 AM Pakistan Standard Time (PST).

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

Pakistani Rupee to Saudi Riyal on October 13, 2022

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Pakistani Rupee to Euro on October 14, 2022

KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on October 14, 2022:

Buying: Rs 216.00 to the Euro

Selling: Rs 219.00 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 09:00 AM Pakistan Standard Time (PST).

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

Pakistani Rupee to Euro on October 13, 2022

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Pakistani Rupee to UK Pound Sterling on October 14, 2022

KARACHI: Following are the rates of buying and selling of one UK Pound Sterling (GBP) in Pakistani Rupee (PKR) in the open market on October 14, 2022:

Buying: Rs 247.00 to the UK Pound Sterling

Selling: Rs 250.00 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 October 13, 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.

October 14, 2022
Pakistani Rupee to UK Pound Sterling on October 14, 2022

KARACHI: Following are the rates of buying and selling of one UK Pound Sterling (GBP) in Pakistani Rupee (PKR) in the open market on October 14, 2022:

Buying: Rs 247.00 to the UK Pound Sterling

Selling: Rs 250.00 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 October 13, 2022

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Pakistani Rupee to UAE Dirham on October 14, 2022

KARACHI: Following are the rates of buying and selling of one UAE Dirham (AED) in Pakistani Rupee (PKR) in the open market on October 14, 2022:

Buying: Rs 60.50 to the UAE Dirham

Selling: Rs 61.50 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 October 13, 2022

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Pakistani Rupee to Canadian Dollar on October 14, 2022

KARACHI: Following are the rates of buying and selling of one Canadian Dollar (CAD) in Pakistani Rupee (PKR) in the open market on October 14, 2022:

Buying: Rs 161.00 to the Canadian Dollar

Selling: Rs 163.00 to the Canadian Dollar

The buying rate means an exchange company or a bank buys foreign currency from a customer.

The selling rate means an exchange company or a bank sells for foreign currency from a customer.

The rate has been updated at 09:00 AM Pakistan Standard Time (PST).

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

Pakistani Rupee to Canadian Dollar on October 13, 2022

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Pakistani Rupee to US Dollar on October 14, 2022

KARACHI: Following are the rates of buying and selling of one US dollar (USD) in Pakistani Rupee (PKR) in the open market on October 14, 2022:

Buying: Rs 221.00 to the US Dollar

Selling: Rs 223.00 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.

Pakistani Rupee to US Dollar on October 13, 2022

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Pakistani Rupee to Saudi Riyal on October 14, 2022

KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on October 14, 2022:

Buying: Rs 59.00 to the Saudi Riyal

Selling: Rs 60.00 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 09:00 AM Pakistan Standard Time (PST).

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

Pakistani Rupee to Saudi Riyal on October 13, 2022

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Pakistani Rupee to Euro on October 14, 2022

KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on October 14, 2022:

Buying: Rs 216.00 to the Euro

Selling: Rs 219.00 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 09:00 AM Pakistan Standard Time (PST).

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

Pakistani Rupee to Euro on October 13, 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.

October 14, 2022
Pakistani Rupee to Euro on October 14, 2022

KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on October 14, 2022:

Buying: Rs 216.00 to the Euro

Selling: Rs 219.00 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 09:00 AM Pakistan Standard Time (PST).

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

Pakistani Rupee to Euro on October 13, 2022

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Pakistani Rupee to UK Pound Sterling on October 14, 2022

KARACHI: Following are the rates of buying and selling of one UK Pound Sterling (GBP) in Pakistani Rupee (PKR) in the open market on October 14, 2022:

Buying: Rs 247.00 to the UK Pound Sterling

Selling: Rs 250.00 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 October 13, 2022

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Pakistani Rupee to UAE Dirham on October 14, 2022

KARACHI: Following are the rates of buying and selling of one UAE Dirham (AED) in Pakistani Rupee (PKR) in the open market on October 14, 2022:

Buying: Rs 60.50 to the UAE Dirham

Selling: Rs 61.50 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 October 13, 2022

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Pakistani Rupee to Canadian Dollar on October 14, 2022

KARACHI: Following are the rates of buying and selling of one Canadian Dollar (CAD) in Pakistani Rupee (PKR) in the open market on October 14, 2022:

Buying: Rs 161.00 to the Canadian Dollar

Selling: Rs 163.00 to the Canadian Dollar

The buying rate means an exchange company or a bank buys foreign currency from a customer.

The selling rate means an exchange company or a bank sells for foreign currency from a customer.

The rate has been updated at 09:00 AM Pakistan Standard Time (PST).

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

Pakistani Rupee to Canadian Dollar on October 13, 2022

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Pakistani Rupee to US Dollar on October 14, 2022

KARACHI: Following are the rates of buying and selling of one US dollar (USD) in Pakistani Rupee (PKR) in the open market on October 14, 2022:

Buying: Rs 221.00 to the US Dollar

Selling: Rs 223.00 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.

Pakistani Rupee to US Dollar on October 13, 2022

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Pakistani Rupee to Saudi Riyal on October 14, 2022

KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on October 14, 2022:

Buying: Rs 59.00 to the Saudi Riyal

Selling: Rs 60.00 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 09:00 AM Pakistan Standard Time (PST).

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

Pakistani Rupee to Saudi Riyal on October 13, 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.

October 14, 2022
Pakistani Rupee to Saudi Riyal on October 14, 2022

KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on October 14, 2022:
(more…)

October 14, 2022
Pakistan’s forex reserves continue to fall; deplete to $13.25 billion

Pakistan’s foreign exchange reserves continued to decline and depleted by $342 million to $13.247 billion by week ended October 07, 2022, State Bank of Pakistan (SBP) said on Thursday.

The foreign exchange reserves of the country were at $13.589 billion a week ago i.e. September 30, 2022.

READ MORE: Pakistan’s forex reserves decline to $13.59 billion

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 $13.981 billion.

The foreign exchange reserves of the SBP also declined by $303 million to $7.597 billion by week ended October 07, 2022 as compared with $7.9 billion a week ago.

READ MORE: State Bank’s forex reserves shrink to $8 billion

The central attributed the decline to external debt repayments, which included repayment of a commercial loan and interest payment on Eurobonds

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 $12.549 billion.

READ MORE: Pakistan’s forex reserves slip to $14.07 billion

Experts said that falling foreign exchange reserves would reverse the recent gain in value of the Pakistani Rupee (PKR). The PKR make a 13-session winning streak. The exchange rate reached to near record low of PKR 239.71 on September 22, 2022 to the dollar but ended at PKR 217.79 on October 10, 2022. Dar recently claimed that the actual value of the dollar is below PKR 200 and he vowed to bring it down.

READ MORE: Pakistan FX reserves slip to $14.32 billion

Earlier this month, SBP received US$ 1,166 million from IMF under EFF program, which increased the official reserves to $8.8 billion.

The foreign exchange reserves held by commercial banks fell by $39 million to $5.65 billion by week ended October 06, 2022 as compared with $5.689 billion a week ago.

October 13, 2022