Author: Hamza Shahnawaz

  • Foreign currency rates in Pak Rupee – July 02, 2022

    Foreign currency rates in Pak Rupee – July 02, 2022

    KARACHI: Following are the open market exchange rates of foreign currencies in Pak Rupee (PKR) in Pakistan on July 02, 2022 (The rates are updated at 09:45 AM (Pakistan Standard Time):

    CurrencyBuyingSelling
    Australian Dollar (AUD)141.25142.50
     Bahrain Dinar (BHD)544.12548.62
     Canadian Dollar (CAD)158.95160.30
     China Yuan (CNY)30.5430.79
     Danish Krone (DNK)28.7829.13
     Euro (EUR)211.00213.00
     Hong Kong Dollar (HKD)26.0726.42
     Indian Rupee (INR)2.592.67
     Japanese Yen (JPY)1.401.45
     Kuwaiti Dinar (KWD)667.62672.62
     Malaysian Ringgit (MYR)46.4246.87
     NewZealand $ (NZD)127.74128.94
     Norwegians Krone (NOK)20.7421.04
     Omani Riyal (OMR)532.09536.59
     Qatari Riyal (QAR)56.2156.71
     Saudi Riyal (SAR)53.4054.20
     Singapore Dollar (SGD)147.13148.43
     Swedish Korona (SEK)19.9820.28
     Swiss Franc (CHF)214.14215.89
     Thai Bhat (THB)5.946.04
     U.A.E Dirham (AED)55.0055.90
     UK Pound Sterling (GBP)245.00248.00
     US Dollar (USD)203.50205.50

    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.

    READ MORE: Foreign currency rates in Pak Rupee – July 01, 2022

  • Pakistani Rupee to US Dollar on July 02, 2022

    Pakistani Rupee to US Dollar on July 02, 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 02, 2022:

    Buying: Rs 203.50 to the US Dollar

    Selling: Rs 205.50 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 09:36 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.

    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.

    READ MORE: Pakistani Rupee to US Dollar on July 01, 2022

  • Pakistani Rupee to UAE Dirham on July 02, 2022

    Pakistani Rupee to UAE Dirham on July 02, 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 02, 2022:

    Buying: Rs 55.00 to the UAE Dirham

    Selling: Rs 55.90 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 09:30 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.

    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.

    READ MORE: Pakistani Rupee to UAE Dirham on July 01, 2022

  • Pakistani Rupee to UK Pound Sterling on July 02, 2022

    Pakistani Rupee to UK Pound Sterling on July 02, 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 02, 2022:

    Buying: Rs 245.00 to the UK Pound Sterling

    Selling: Rs 248.00 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 09:26 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.

    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.

    READ MORE: Pakistani Rupee to UK Pound Sterling on July 01, 2022

  • Pakistani Rupee to Euro on July 02, 2022

    Pakistani Rupee to Euro on July 02, 2022

    KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on July 02, 2022:

    Buying: Rs 211.00 to the Euro

    Selling: Rs 213.00 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 09:22 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.

    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.

    READ MORE: Pakistani Rupee to Euro on July 01, 2022

  • Pakistani Rupee to Saudi Riyal on July 02, 2022

    Pakistani Rupee to Saudi Riyal on July 02, 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 02, 2022:

    Buying: Rs 53.40 to the Saudi Riyal

    Selling: Rs 54.20 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 09:18 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.

    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.

    READ MORE: Pakistani Rupee to Saudi Riyal on July 01, 2022

  • KCCI demands implementation of Riba free banking

    KCCI demands implementation of Riba free banking

    KARACHI: Karachi Chamber of Commerce and Industry (KCCI) on Friday demanded the government for early implementation of Riba free banking in Pakistan.

    Chairman Businessmen Group in the KCCI, Zubair Motiwala, and KCCI President, Muhammad Idrees have extended gratitude to Prime Minister Shahbaz Sharif for taking interest in the implementation of the Federal Shariah Court’s decision of introducing Riba Free banking in Pakistan.

    READ MORE: KCCI appeals rescuing small traders in Catch-22 situation

    They have requested the government to introduce interest free banking in Pakistan according to the Islamic Principles and implement the court’s decision in true letter and spirit. 

    The Federal Shariah Court gave a verdict on 28 April 2022 after a lapse of 19 years. In the judgment, it declared that Riba was prohibited according to the injunctions of Islam so it should be eliminated from the country with in a period of five years.

    This statement was issued in response to an appeal filed by the State Bank of Pakistan, and four other banks in the Supreme Court of Pakistan against the Shariah Court’s Judgment. They termed the appeal as move to delay the conversion of conventional banking system to Riba free mode to banking. They also appreciated the assurance given by the PM Shahbaz Sharif to influence the banks to withdraw their appeals from the Supreme Court so that the Shariah Court’s decision could be implemented.

    READ MORE: Energy price hike jolts trade, industry: Businessmen Panel

    Chairman BMG Zubair Motiwala said, “Other Islamic countries like Saudi Arabia, Iran and Malaysia have made significant headway in implementing Islamic mode of financing in their respective countries. Like, Malaysia has an Islamic Financial Services Board which has set Standards, Guiding Principles and Technical Notes for the Islamic financial services industry. I believe that if these countries are able to successfully adopt Islamic financial system, Pakistan can also shift to Islamic Financing system in the decent span of five years”.

    READ MORE: Govt. halts gas supply to export industry: APTMA

    President KCCI Muhammad Idrees urged that all stakeholder groups should be consulted and if there are any genuine issues then these should be resolved on a fast-track basis to pave way for timely implementation of Islamic Financial System in the country.

    READ MORE: SITE industrialists reject increase in power tariff, POL prices

  • Hysab Kytab signed partnership with Winikon

    Hysab Kytab signed partnership with Winikon

    KARACHI: Hysab Kytab – a leading FinTech that offers a suite of financial management solutions has signed partnership with Winikon – IT services company specialized in the banking business to enhance the banking experience of customers.

    (more…)
  • Foreign currency rates in Pak Rupee – July 01, 2022

    Foreign currency rates in Pak Rupee – July 01, 2022

    KARACHI: The open market exchange rates of various foreign currencies against the Pakistani Rupee (PKR) witnessed notable fluctuations on July 1, 2022.

    (more…)
  • Pakistani Rupee to US Dollar on July 01, 2022

    Pakistani Rupee to US Dollar on July 01, 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 01, 2022:

    Buying: Rs 203.50 to the US Dollar

    Selling: Rs 205.50 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 12:59 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.

    READ MORE: Pakistani Rupee to US Dollar on June 30, 2022