Author: Hamza Shahnawaz

  • Exchange rates: PKR to USD on February 16, 2022

    Exchange rates: PKR to USD on February 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 February 16, 2022:

    Buying: Rs 176.60 to the US Dollar

    Selling: Rs 178.00 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 11:11 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.

  • Exchange rates: PKR to AED on February 16, 2022

    Exchange rates: PKR to AED on February 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 February 16, 2022:

    Buying: Rs 48.60 to the UAE Dirham

    Selling: Rs 49.20 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 11:07 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.

  • Exchange rates: PKR to GBP on February 16, 2022

    Exchange rates: PKR to GBP on February 16, 2022

    The exchange rates for the UK Pound Sterling (GBP) against the Pakistani Rupee (PKR) have maintained stability, with the buying rate at Rs 238.00 and the selling rate at Rs 240.50 in the open market as of February 16, 2022.

    (more…)
  • Exchange rates: PKR to EUR on February 16, 2022

    Exchange rates: PKR to EUR on February 16, 2022

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

    Buying: Rs 199.00 to the Euro

    Selling: Rs 201.00 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 11:00 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.

    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 16, 2022

    Exchange rates: PKR to SAR on February 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 February 16, 2022:

    Buying: Rs 46.70 to the Saudi Riyal

    Selling: Rs 47.15 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 10:55 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.

  • HUBCO declares 25% decline in half-year profit

    HUBCO declares 25% decline in half-year profit

    KARACHI: Hub Power Company Limited (HUBCO) (PSX: HUBC on Tuesday declared 25 per cent decline in net profit for the half year ended December 31, 2021.

    According to consolidated financial results submitted to the Pakistan Stock Exchange (PSX), the profit after tax of the company fell to Rs12.72 billion during July – December 2021 as compared with Rs16.89 billion in the corresponding period of the last fiscal year.

    READ MORE: Kamran Kamal appointed HUBCO chief

    HUBCO is the first and largest Independent Power Producer (IPP) in the country with a combined installed power generation capacity of 2920 MW, according to company’s website.

    The board of directors of the company in a meeting held on February 15, 2022 reviewed and approved the financial results for the period December 31, 2021.

    The board has not recommended any cash dividend, bonus shares or right shares for the period.

    The fall in profit may be attributed to slump in share of profit from associations and joint venture, which declined to Rs830.74 million for the half year ended December 31, 2021 as compared with Rs7.6 billion in the corresponding period of the last fiscal year.

    According to the consolidated results, the total turnover of the company was at Rs46.27 billion for the period under review as compared with Rs26.79 billion in the same period of the last fiscal year.

    The gross profit of the company was flat at Rs15.81 billion for July – December 2021 as compared with Rs15.87 billion in the corresponding period of the last fiscal year.

    Operating expenses of the company fell significantly to Rs47.48 million for the half year ended December 31, 2021 as compared with Rs236.71 million in the same period of the last year.

    HUBCO announced Rs9.41 as earnings per share for the period July – December 2021 as compared with Rs12.60 EPS in the same period of the last year.

  • PM Imran launches 2nd phase of Raast payment system

    PM Imran launches 2nd phase of Raast payment system

    KARACHI: Prime Minister Imran Khan on Tuesday launched the second phase of Raast, a Person-to-Person (P2P) instant payment system, in a ceremony held in Islamabad, the State Bank of Pakistan (SBP) said in a statement.

    (more…)
  • Today’s currency exchange rates in PKR – Feb 15, 2022

    Today’s currency exchange rates in PKR – Feb 15, 2022

    KARACHI: Following are the open market exchange rates of foreign currencies in Pak Rupee (PKR) in Pakistan on February 15, 2022 (The rates are updated at 1:09 PM (Pakistan Standard Time):

    CurrencyBuyingSelling
    Australian Dollar (AUD)123.00124.50
     Bahrain Dinar (BHD)387.00388.75
     Canadian Dollar (CAD)138.50140.50
     China Yuan (CNY)23.5523.95
     Danish Krone (DNK)23.6023.90
     Euro (EUR)199.00201.00
     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)36.7037.05
     NewZealand $ (NZD)96.7597.45
     Norwegians Krone (NOK)17.5017.75
     Omani Riyal (OMR)392.85394.88
     Qatari Riyal (QAR)39.9540.55
     Saudi Riyal (SAR)46.7047.15
     Singapore Dollar (SGD)128.00129.50
     Swedish Korona (SEK)18.7018.95
     Swiss Franc (CHF)160.25161.15
     Thai Bhat (THB)4.804.90
     U.A.E Dirham (AED)48.6049.20
     UK Pound Sterling (GBP)238.00240.50
     US Dollar (USD)176.60178.00

    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 15, 2022

    Exchange rates: PKR to USD on February 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 February 15, 2022:

    Buying: Rs 176.60 to the US Dollar

    Selling: Rs 178.00 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 1:06 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 15, 2022

    Exchange rates: PKR to AED on February 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 February 15, 2022:

    Buying: Rs 48.60 to the UAE Dirham

    Selling: Rs 49.20 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 1:03 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.