Author: Hamza Shahnawaz

Foreign currency rates in Pak Rupee – July 17, 2022

KARACHI: Following are the open market exchange rates of foreign currencies in Pak Rupee (PKR) in Pakistan on July 17, 2022 (The rates are updated at 3:30 PM (Pakistan Standard Time):

Currency	Buying	Selling
Australian Dollar (AUD)	141.29	142.54
Bahrain Dinar (BHD)	557.34	561.84
Canadian Dollar (CAD)	159.95	161.30
China Yuan (CNY)	31.02	31.27
Danish Krone (DNK)	28.23	28.58
Euro (EUR)	207.00	209.50
Hong Kong Dollar (HKD)	26.70	27.05
Indian Rupee (INR)	2.62	2.70
Japanese Yen (JPY)	1.48	1.52
Kuwaiti Dinar (KWD)	679.81	684.81
Malaysian Ringgit (MYR)	47.16	47.61
NewZealand $ (NZD)	128.29	129.49
Norwegians Krone (NOK)	20.45	20.75
Omani Riyal (OMR)	545.01	549.51
Qatari Riyal (QAR)	57.57	58.07
Saudi Riyal (SAR)	55.20	56.00
Singapore Dollar (SGD)	149.37	150.67
Swedish Korona (SEK)	19.82	20.12
Swiss Franc (CHF)	213.18	214.93
Thai Bhat (THB)	5.94	6.04
U.A.E Dirham (AED)	56.70	57.70
UK Pound Sterling (GBP)	246.00	249.00
US Dollar (USD)	209.00	211.50

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 Pak Rupee – July 16, 2022

July 17, 2022

Pakistani Rupee to US Dollar on July 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 July 17, 2022:

Buying: Rs 209.00 to the US Dollar

Selling: Rs 211.50 to the US Dollar

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

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

The rate has been updated at 3:00 PM 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.

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Pakistani Rupee to Saudi Riyal on July 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 July 17, 2022:

Buying: Rs 55.20 to the Saudi Riyal

Selling: Rs 56.00 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 3:00 PM 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.

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Pakistani Rupee to Euro on July 17, 2022

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

Buying: Rs 207.00 to the Euro

Selling: Rs 209.50 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 3:00 PM 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 UK Pound Sterling on July 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 July 17, 2022:

Buying: Rs 246.00 to the UK Pound Sterling

Selling: Rs 249.00 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 3:00 PM 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.

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Pakistani Rupee to UAE Dirham on July 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 July 17, 2022:

Buying: Rs 56.70 to the UAE Dirham

Selling: Rs 57.70 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 3:00 PM 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.

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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.

July 17, 2022
Pakistani Rupee to UAE Dirham on July 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 July 17, 2022:

Buying: Rs 56.70 to the UAE Dirham

Selling: Rs 57.70 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 3:00 PM 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.

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Pakistani Rupee to US Dollar on July 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 July 17, 2022:

Buying: Rs 209.00 to the US Dollar

Selling: Rs 211.50 to the US Dollar

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

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

The rate has been updated at 3:00 PM 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 Saudi Riyal on July 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 July 17, 2022:

Buying: Rs 55.20 to the Saudi Riyal

Selling: Rs 56.00 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 3:00 PM 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.

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Pakistani Rupee to Euro on July 17, 2022

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

Buying: Rs 207.00 to the Euro

Selling: Rs 209.50 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 3:00 PM 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 UK Pound Sterling on July 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 July 17, 2022:

Buying: Rs 246.00 to the UK Pound Sterling

Selling: Rs 249.00 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 3:00 PM 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.

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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.

July 17, 2022
Pakistani Rupee to UK Pound Sterling on July 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 July 17, 2022:

Buying: Rs 246.00 to the UK Pound Sterling

Selling: Rs 249.00 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 3:00 PM 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 UAE Dirham on July 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 July 17, 2022:

Buying: Rs 56.70 to the UAE Dirham

Selling: Rs 57.70 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 3:00 PM 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.

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Pakistani Rupee to US Dollar on July 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 July 17, 2022:

Buying: Rs 209.00 to the US Dollar

Selling: Rs 211.50 to the US Dollar

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

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

The rate has been updated at 3:00 PM 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 Saudi Riyal on July 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 July 17, 2022:

Buying: Rs 55.20 to the Saudi Riyal

Selling: Rs 56.00 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 3:00 PM 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 Euro on July 17, 2022

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

Buying: Rs 207.00 to the Euro

Selling: Rs 209.50 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 3:00 PM 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.

……………………………………………….

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.

July 17, 2022
Pakistani Rupee to Euro on July 17, 2022

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

Buying: Rs 207.00 to the Euro

Selling: Rs 209.50 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 3:00 PM 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 UK Pound Sterling on July 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 July 17, 2022:

Buying: Rs 246.00 to the UK Pound Sterling

Selling: Rs 249.00 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 3:00 PM 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.

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Pakistani Rupee to UAE Dirham on July 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 July 17, 2022:

Buying: Rs 56.70 to the UAE Dirham

Selling: Rs 57.70 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 3:00 PM 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.

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Pakistani Rupee to US Dollar on July 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 July 17, 2022:

Buying: Rs 209.00 to the US Dollar

Selling: Rs 211.50 to the US Dollar

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

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

The rate has been updated at 3:00 PM 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 Saudi Riyal on July 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 July 17, 2022:

Buying: Rs 55.20 to the Saudi Riyal

Selling: Rs 56.00 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 3:00 PM 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.

————————————————-

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.

July 17, 2022
Commodities’ illegal movement to be treated as smuggling

In a move to tighten control over the illegal movement of essential commodities, the Finance Act, 2022, has expanded the definition of smuggling.
(more…)

July 16, 2022
Weekly Review: stocks likely to stay positive

KARACHI: The Pakistan stocks likely to stay positive owing to more flows of foreign funds after an agreement signed by the country and the International Monetary Fund (IMF).

Analysts at Arif Habib Limited said that with Pakistan and IMF reaching staff-level agreement, the government plans to raise funds worth $9 billion-$ 10 billion from international financial institutions such as World Bank, Asian Development Bank and Islamic Development Bank which will help build-up reserves.

READ MORE: Weekly Review: market likely to stay range-bound

The analysts expect the market to be positive in next week. The benchmark KSE-100 of Pakistan Stock Exchange (PSX) is currently trading at a PER of 4.3x (2022) compared to Asia Pacific regional average of 10.2x while offering a dividend yield of 9.1 per cent versus 3.0 per cent offered by the region.

The three-day week commenced on a positive note given Government reached a staff-level agreement with the IMF, which would enable the disbursement of the $1.2 billion under the Extended Fund Facility subject to approval of Executive Board (IMF).

READ MORE: Stocks gain 184 points in lackluster trading activity

Alongside this, approval by Prime Minister Shehbaz Sharif for the reduction in petroleum prices (reducing MS and HSD by PKR 18.50/litre and PKR 40.54/litre) was also welcomed by the market.

On the other hand, the Pak Rupee further depreciated after staging a briefing recovery post announcement of IMF deal (closing the week at PKR 210.95), leading to bearish momentum on the last trading day of the week. The index closed at 42,075points, gaining 731 points (up by 1.8 per cent) WoW.

Sector-wise positive contributions came from i) Commercial Banks (194 points), ii) Cement (99 points), iii) Technology & Communication (93 points), iv) Fertilizer (85 points) and v) Oil & Gas Exploration Companies (82 points).

READ MORE: Pakistan stocks up amid rupee depreciation

Whereas, sectors which contributed negatively were i) Automobile Assembler (22 points) and ii) Pharmaceuticals (9 points). Scrip-wise positive contributors were MEBL (84 points), SYS (70 points), PSO (53 points), LUCK (45 points) and PPL (39 points). Meanwhile, scrip-wise negative contribution came from COLG (17 points), ABOT (15 points), MTL (10 points), POL (10 points) and EFUG (9 points).

Foreign buying was witnessed this week, clocking in at USD 1.40 million compared to a net buy of USD 1.63 million last week. Major buying was witnessed in all other sectors (USD 0.43 million) and banks (USD 0.36 million).

On the local front, selling was reported by Banks/DFIs (USD 1.43 million) followed by Insurance Companies (USD 1.13 million). Average volumes clocked in at 178 million shares (up by 97 per cent WoW) while average value traded settled at USD 31 million (up by 108 per cent WoW).

READ MORE: Pakistan stocks fall on IMF program concerns

July 16, 2022

Foreign currency rates in Pak Rupee – July 16, 2022

KARACHI: Following are the open market exchange rates of foreign currencies in Pak Rupee (PKR) in Pakistan on July 16, 2022 (The rates are updated at 10:55 AM (Pakistan Standard Time):

Currency	Buying	Selling
Australian Dollar (AUD)	141.29	142.54
Bahrain Dinar (BHD)	557.34	561.84
Canadian Dollar (CAD)	159.95	161.30
China Yuan (CNY)	31.02	31.27
Danish Krone (DNK)	28.23	28.58
Euro (EUR)	207.00	209.50
Hong Kong Dollar (HKD)	26.70	27.05
Indian Rupee (INR)	2.62	2.70
Japanese Yen (JPY)	1.48	1.52
Kuwaiti Dinar (KWD)	679.81	684.81
Malaysian Ringgit (MYR)	47.16	47.61
NewZealand $ (NZD)	128.29	129.49
Norwegians Krone (NOK)	20.45	20.75
Omani Riyal (OMR)	545.01	549.51
Qatari Riyal (QAR)	57.57	58.07
Saudi Riyal (SAR)	55.20	56.00
Singapore Dollar (SGD)	149.37	150.67
Swedish Korona (SEK)	19.82	20.12
Swiss Franc (CHF)	213.18	214.93
Thai Bhat (THB)	5.94	6.04
U.A.E Dirham (AED)	56.70	57.70
UK Pound Sterling (GBP)	246.00	249.00
US Dollar (USD)	209.00	211.50

July 16, 2022

Pakistani Rupee to US Dollar on July 16, 2022

KARACHI: Following are the rates of buying and selling of one US dollar (USD) in Pakistani Rupee (PKR) in the open market on June 16, 2022:

Buying: Rs 209.00 to the US Dollar

Selling: Rs 211.50 to the US Dollar

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

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

The rate has been updated at 10:18 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 16, 2022

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Pakistani Rupee to UAE Dirham on July 16, 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 16, 2022:

Buying: Rs 56.70 to the UAE Dirham

Selling: Rs 57.70 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 10:17 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 16, 2022

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Pakistani Rupee to UK Pound Sterling on July 16, 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 16, 2022:

Buying: Rs 246.00 to the UK Pound Sterling

Selling: Rs 249.00 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 10:17 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 16, 2022

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Pakistani Rupee to Euro on July 16, 2022

KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on July 16, 2022:

Buying: Rs 207.00 to the Euro

Selling: Rs 209.50 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 10:17 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 16, 2022

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Pakistani Rupee to Saudi Riyal on July 16, 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 16, 2022:

Buying: Rs 55.20 to the Saudi Riyal

Selling: Rs 56.00 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 10:16 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 16, 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.

July 16, 2022
Pakistani Rupee to UAE Dirham on July 16, 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 16, 2022:
(more…)

July 16, 2022