Author: Hamza Shahnawaz

  • Exchange rates: PKR to EUR on February 11, 2022

    Exchange rates: PKR to EUR on February 11, 2022

    KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on February 11, 2022:

    Buying: Rs 199.60 to the Euro

    Selling: Rs 201.60 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 12:13 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.

  • Exchange rates: PKR to SAR on February 11, 2022

    Exchange rates: PKR to SAR on February 11, 2022

    KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on February 11, 2022:

    Buying: Rs 46.55 to the Saudi Riyal

    Selling: Rs 47.10 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 12:00 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.

  • Pakistan foreign exchange reserves rise to $23.72 billion

    Pakistan foreign exchange reserves rise to $23.72 billion

    KARACHI: Pakistan’s foreign exchange reserves increased significantly to $23.72 billion owing to inflows from International Monetary Fund (IMF) and Sukuk proceeds.

    The total liquid foreign exchange reserves of the country rose by $1.637 billion to $23.721 billion by week ended February 04, 2022.

    The foreign exchange reserves of the country were $22.084 billion by week ended January 28, 2022, the State Bank of Pakistan (SBP) said on Thursday.

    The official reserves of the State Bank increased by $1.61 billion to $17.337 billion by week ended February 04, 2022 as compared with $15.727 billion a week ago.

    The SBP said that the rise in foreign exchange reserves due to inflows of $ 1,053 million received from IMF under EFF program and proceeds against Pakistan International Sukuk Bond issuance of $1,000 million.

    The foreign exchange held by commercial banks also increased by $25 million to $6.384 billion by week ended February 04, 2022 as compared with $6.357 billion a week ago.

  • Today’s currency exchange rates in PKR – Feb 10, 2022

    Today’s currency exchange rates in PKR – Feb 10, 2022

    KARACHI: Following are the open market exchange rates of foreign currencies in Pak Rupee (PKR) in Pakistan on February 10, 2022 (The rates are updated at 04:39 PM (Pakistan Standard Time):

    CurrencyBuyingSelling
    Australian Dollar (AUD)124.00125.50
     Bahrain Dinar (BHD)386.95388.70
     Canadian Dollar (CAD)138.00140.00
     China Yuan (CNY)23.5023.90
     Danish Krone (DNK)23.6023.90
     Euro (EUR)199.50201.50
     Hong Kong Dollar (HKD)16.9517.20
     Indian Rupee (INR)2.032.10
     Japanese Yen (JPY)1.411.44
     Kuwaiti Dinar (KWD)481.85484.35
     Malaysian Ringgit (MYR)36.6537.00
     NewZealand $ (NZD)96.6597.35
     Norwegians Krone (NOK)17.5017.75
     Omani Riyal (OMR)392.85394.88
     Qatari Riyal (QAR)39.9540.55
     Saudi Riyal (SAR)46.5547.10
     Singapore Dollar (SGD)128.75130.25
     Swedish Korona (SEK)18.7018.95
     Swiss Franc (CHF)160.25161.15
     Thai Bhat (THB)4.804.90
     U.A.E Dirham (AED)48.7049.30
     UK Pound Sterling (GBP)238.00240.50
     US Dollar (USD)175.90177.30

    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.

  • Exchange rates: PKR to USD on February 10, 2022

    Exchange rates: PKR to USD on February 10, 2022

    KARACHI: Following are the rates of buying and selling of one US dollar (USD) in Pakistani Rupee (PKR) in the open market on February 10, 2022:

    Buying: Rs 175.90 to the US Dollar

    Selling: Rs 177.30 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 04:31 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.

    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.

  • Exchange rates: PKR to AED on February 10, 2022

    Exchange rates: PKR to AED on February 10, 2022

    KARACHI: Following are the rates of buying and selling of one UAE Dirham (AED) in Pakistani Rupee (PKR) in the open market on February 10, 2022:

    Buying: Rs 48.70 to the UAE Dirham

    Selling: Rs 49.30 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 04:27 PM 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.

    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.

  • Exchange rates: PKR to GBP on February 10, 2022

    Exchange rates: PKR to GBP on February 10, 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 February 10, 2022:

    Buying: Rs 238.00 to the UK Pound Sterling

    Selling: Rs 240.50 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 04:22 PM 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.

    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.

  • Exchange rates: PKR to EUR on February 10, 2022

    Exchange rates: PKR to EUR on February 10, 2022

    KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on February 10, 2022:

    Buying: Rs 199.50 to the Euro

    Selling: Rs 201.50 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 04:16 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.

  • Exchange rates: PKR to SAR on February 10, 2022

    Exchange rates: PKR to SAR on February 10, 2022

    KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on February 10, 2022:

    Buying: Rs 46.55 to the Saudi Riyal

    Selling: Rs 47.10 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 04:12 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.

  • SBP allows banks remitting visa fee

    SBP allows banks remitting visa fee

    KARACHI: The State Bank of Pakistan (SBP) on Wednesday allowed banks in remitting visa fees collected in Pak Rupee (PKR) accounts.

    The SBP invited authorized dealers or banks towards FE Circular No. 07 dated August 05, 2021 in terms of which SBP notified revision of Chapter 14 (Commercial Remittance) of Foreign Exchange Manual.

    READ MORE: SBP imposes penalty of Rs58 million on five banks

    The central bank said that in order to facilitate foreign embassies/consulates operating in Pakistan in remitting various fees such as visa/consular/document attestation fees etc. collected by them in PKR accounts to their respective ministries/authorities in home countries, it has been decided to allow general permission to Authorized Dealers for remitting such fees.

    READ MORE: UBL gets Due Diligence approval to acquire Telenor Microfinance Bank

    Accordingly, following new para is inserted in Chapter 14 (Commercial Remittances) of Foreign Exchange Manual:

    “Para 28A- Remittance of Fees Collected By Foreign Embassies/Consulates in Pakistan

    READ MORE: SBP welcomes Pakistanis in KSA for RDA support

    Authorized Dealers are allowed to remit funds collected (in PKR) by foreign embassies/consulates in Pakistan on account of various fees such as visa/consular fee, documents attestation fee, etc. to their respective ministries/ authorities in home countries. The remittance may be allowed by the Authorized Dealers after conducting necessary due diligence of transaction and satisfying themselves with respect to bonafides of the request through the review of underlying documents.”

    READ MORE: Banks directed to aware exchanging old banknotes