Author: Hamza Shahnawaz

  • Pakistani Rupee to UK Pound Sterling on June 27, 2022

    Pakistani Rupee to UK Pound Sterling on June 27, 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 June 27, 2022:

    Buying: Rs 254.00 to the UK Pound Sterling

    Selling: Rs 257.00 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 10:18 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 June 26, 2022

  • Pakistani Rupee to Euro on June 27, 2022

    Pakistani Rupee to Euro on June 27, 2022

    KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on June 27, 2022:

    Buying: Rs 217.50 to the Euro

    Selling: Rs 220.50 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 10:12 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 June 26, 2022

  • Pakistani Rupee to Saudi Riyal on June 27, 2022

    Pakistani Rupee to Saudi Riyal on June 27, 2022

    KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on June 27, 2022:

    Buying: Rs 55.00 to the Saudi Riyal

    Selling: Rs 55.90 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 09:58 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 June 26, 2022

  • Foreign currency rates in Pak Rupee – June 26, 2022

    Foreign currency rates in Pak Rupee – June 26, 2022

    KARACHI: Following are the open market exchange rates of foreign currencies in Pak Rupee (PKR) in Pakistan on June 26, 2022 (The rates are updated at 11:45 AM (Pakistan Standard Time):

    CurrencyBuyingSelling
    Australian Dollar (AUD)146.14145.39
     Bahrain Dinar (BHD)553.93558.43
     Canadian Dollar (CAD)160.63161.98
     China Yuan (CNY)31.0231.27
     Danish Krone (DNK)29.4029.75
     Euro (EUR)217.50220.50
     Hong Kong Dollar (HKD)26.4426.79
     Indian Rupee (INR)2.652.73
     Japanese Yen (JPY)1.501.54
     Kuwaiti Dinar (KWD)678.54683.78
     Malaysian Ringgit (MYR)47.1447.59
     NewZealand $ (NZD)131.12132.32
     Norwegians Krone (NOK)21.0321.33
     Omani Riyal (OMR)541.73546.23
     Qatari Riyal (QAR)57.0157.15
     Saudi Riyal (SAR)55.0055.90
     Singapore Dollar (SGD)149.67150.97
     Swedish Korona (SEK)20.4820.78
     Swiss Franc (CHF)216.85218.60
     Thai Bhat (THB)5.996.09
     U.A.E Dirham (AED)56.5057.40
     UK Pound Sterling (GBP)254.00257.00
     US Dollar (USD)205.00207.50

    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 – June 25, 2022

  • Pakistani Rupee to US Dollar on June 26, 2022

    Pakistani Rupee to US Dollar on June 26, 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 26, 2022:

    (more…)
  • Pakistani Rupee to UAE Dirham on June 26, 2022

    Pakistani Rupee to UAE Dirham on June 26, 2022

    KARACHI: Following are the rates of buying and selling of one UAE Dirham (AED) in Pakistani Rupee (PKR) in the open market on June 26, 2022:

    Buying: Rs 56.50 to the UAE Dirham

    Selling: Rs 57.40 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 11:27 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.

    Pakistani Rupee to UAE Dirham on June 25, 2022

  • Pakistani Rupee to UK Pound Sterling on June 26, 2022

    Pakistani Rupee to UK Pound Sterling on June 26, 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 June 26, 2022:

    Buying: Rs 254.00 to the UK Pound Sterling

    Selling: Rs 257.00 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 11:17 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.

    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.

    Pakistani Rupee to UK Pound Sterling on June 25, 2022

  • Pakistani Rupee to Euro on June 26, 2022

    Pakistani Rupee to Euro on June 26, 2022

    As of June 26, 2022, here are the latest buying and selling rates for one Euro (EUR) in Pakistani Rupees (PKR) in the open market:

    (more…)
  • Pakistani Rupee to Saudi Riyal on June 26, 2022

    Pakistani Rupee to Saudi Riyal on June 26, 2022

    KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on June 26, 2022:

    Buying: Rs 55.00 to the Saudi Riyal

    Selling: Rs 55.90 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 11:11 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.

  • SBP seeks Supreme Court guidance on Riba case judgement

    SBP seeks Supreme Court guidance on Riba case judgement

    KARACHI: The State Bank of Pakistan (SBP) on Saturday said it had approached Shariat Appelate Bench of the Supreme Court for guidance on decision of Federal Shariat Court in Riba case.

    In a statement the central bank said the SBP welcomes the Federal Shariat Court’s Judgement of April 28, 2022 on Riba case, as has already been done by the Honorable Finance Minister. In particular, we appreciate the substantive part of the decision. 

    READ MORE: IPS demands implementation of court judgment on Riba

    As the prime custodian and regulator of the financial and monetary framework of the Islamic Republic of Pakistan, SBP is deeply committed to ensuring compliance with the injunctions of Islam, in particular those pertaining to riba, while protecting the stability and security of the financial sector of the country that functions as part of the global financial system. 

    In this context, SBP has always remained at the forefront in promoting Islamic banking in the country. SBP is among the few regulators across the globe where comprehensive legal, regulatory and Shariah Governance frameworks have been successfully developed and implemented. 

    READ MORE: Court judgment: Riba is Haram in any form

    Currently, 22 Islamic Banking Institutions (5 full- fledged Islamic banks and 17 conventional banks having standalone Islamic banking branches) with a branch network of 3,983 branches along with 1,418 Islamic banking windows (Islamic banking counters at conventional branches) are operational across the country. The industry now accounts for 19.4 percent of the country’s overall banking system in terms of assets while in terms of deposits the share is 20 percent (as of March 31, 2022).

    READ MORE: FSC reserves judgment in Riba free banking case

    In addition, SBP has also been taking measures to bring the legal and regulatory infrastructure in compliance with Shariah principles.

    After detailed review of the judgment and based upon the advice of our Chief Legal Adviser and external counsel, we have sought guidance from the honorable Shariat Appelate Bench of the Supreme Court in terms of its implementation and practicalities involved.