Sep 28

Faysal Bank to provide digital financial solutions to freelancers

Faysal Bank Limited (FBL) will provide Shariah Compliant digital financial solutions and capacity building of freelancers. The partnership initiated since the inception of Pakistan Freelancers Association (PAFLA), a non-profit organization founded to empower Pakistani freelancers, covers joint mentorship programs, seminars, webinars, conferences, professional training events and certification courses on financial literacy, alongside facilitating Freelancers and […]

by Faisal Shah

Karachi Interbank Offered Rates KIBOR – September 27, 2022

Sep 27

Exchange Rates

Karachi Interbank Offered Rates KIBOR – September 27, 2022

KARACHI: State Bank of Pakistan (SBP) on Tuesday issued the Karachi Interbank Offered Rates (KIBOR) as on September 27, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 14.63 15.13 2 – Week 14.76 15.26 1 – Month 14.99 15.49 3 – Month 15.66 15.91 6 – Month 15.76 16.01 9 – Month 15.80 16.30 […]

by Faisal Shah

Saudi Arabia names Prince Mohammed bin Salman as prime minister

Sep 27

World

Saudi Arabia names Prince Mohammed bin Salman as prime minister

RIYADH: Saudi Arabia on Tuesday appointed Crown Prince Mohammed bin Salman as the prime minister of the country. Custodian of the Two Holy Mosques King Salman has issued on Tuesday a royal decree appointing Crown Prince Mohammed bin Salman as Prime Minister of Saudi Arabia. However, the weekly session of the Cabinet, in which the […]

by Faisal Shah

Sep 27

Automotive, Corporate

Indus Motors to increase car prices to pass cost impact

KARACHI: Indus Motors, the maker of Toyota cars in Pakistan, is likely to increase prices to pass on the cost impact to consumers. The company management said in corporate briefing session on Tuesday. READ MORE: PSMC offers free WagonR registration amid sales slump Regarding car prices, management informed that company has to increase price to […]

by Faisal Shah

PKR strengthens sharply to dollar during last three sessions

Sep 27

Money & Banking, Top stories

PKR strengthens sharply to dollar during last three sessions

KARACHI: Pakistani Rupee (PKR) gained sharply against the US dollar during last three sessions on Tuesday on lower international oil prices and nomination of Ishaq Dar as finance minister. The local unit strengthened by PKR 5.80 against the dollar during the last three sessions. The exchange rate reached near to record low of PKR 239.71 […]

by Faisal Shah

Sep 27

Exchange Rates

State Bank’s foreign exchange rates – September 27, 2022

KARACHI: The State Bank of Pakistan (SBP) on Tuesday issued customers’ foreign exchange rates for September 27, 2022. The exchange rate is on the basis of weighted average rates of commercial banks. The SBP said the data is compiled and disseminated for information only. These exchange rates are estimates that quoted by various commercial banks to their clients. The banks provide their indicative exchange rates for commercial transactions with customers. Following are the […]

by Faisal Shah

Dollar plunges to PKR 233.50 in early interbank trading on September 27, 2022

Sep 27

Money & Banking, Top stories

Dollar plunges to PKR 233.50 in early interbank trading on September 27, 2022

KARACHI: US dollar plunged to Pakistan Rupee (PKR) 233.50 in early day trading on Tuesday September 27, 2022 owing to change of finance minister and falling international oil prices. The foreign currency lost PKR 3.52 and was being traded at PKR 233.50 by 10:00 AM (Pakistan Standard Time) as compared with last day closing of […]

by Faisal Shah

Bitcoin to PKR, USD on September 27, 2022

Sep 27

Exchange Rates

Bitcoin to PKR, USD on September 27, 2022

KARACHI: The exchange rate of Bitcoint (BTC) in Pakistani Rupee (PKR) and US Dollar (USD) on September 27, 2022. One Bitcoin (BTC) in Pakistani Rupee (PKR) is Rs4,741,995.25 on September 27, 2022 at 10:00 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Bitcoin has been calculated and compared with the […]

by Faisal Shah

Ripple to PKR, USD on September 27, 2022

Sep 27

Exchange Rates

Ripple to PKR, USD on September 27, 2022

KARACHI: The exchange rate of Ripple (XRP) in Pakistani Rupee (PKR) and US Dollar (USD) on September 27, 2022. One Ripple (XRP) in Pakistani Rupee (PKR) is Rs112.22 on September 27, 2022 at 10:00 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the […]

by Faisal Shah

Dogecoin to PKR, USD on September 27, 2022

Sep 27

Exchange Rates

Dogecoin to PKR, USD on September 27, 2022

KARACHI: The exchange rate of Dogecoin (DOGE) in Pakistani Rupee (PKR) and US Dollar (USD) on September 27, 2022. One Dogecoin to PKR is Rs14.67 on September 27, 2022 at 10:00 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate Rs14.42 at […]

by Faisal Shah