Karachi, May 25, 2023 – The Pakistani Rupee (PKR) witnessed a significant recovery against the US dollar, closing at PKR 285.74 in the interbank foreign exchange market on Thursday.
(more…)Author: Faisal Shahnawaz
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Pakistan’s headline inflation expected to soar to record high in May 2023
Pakistan’s economy faces a significant challenge as analysts at Arif Habib Limited predict that the country’s headline inflation will reach historic levels in May 2023.
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SBP’s weighted average customer exchange rates on May 25, 2023
KARACHI: The State Bank of Pakistan (SBP) on Thursday issued foreign exchange rates for May 25, 2023. The exchange rate is on the basis of weighted average rates of commercial banks.
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Banking Loans to Private Sector Plummet by 94% in 10 ½ Months
Banking loans extended to the private sector in Pakistan have experienced a significant decline of 94% during the first 10 and a half months of the current fiscal year, as per the latest data released by the State Bank of Pakistan (SBP).
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Bitcoin rates in PKR and USD on May 25, 2023
On May 25, 2023 the exchange rates of Bitcoin (BTC) in Pakistani Rupee (PKR) and US Dollar (USD) have been reported as:
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Ripple rates in PKR and USD on May 25, 2023
On May 25, 2023 the exchange rates of Ripple (XRP) in Pakistani Rupee (PKR) and US Dollar (USD) have been reported as:
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Dogecoin rates in PKR and USD on May 25, 2023
On May 25, 2023, the exchange rates of Dogecoin (DOGE) in Pakistani Rupee (PKR) and US Dollar (USD) have been reported as:
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OGDCL, PRL sign MoU to strengthen energy sector in Pakistan
KARACHI: Oil and Gas Development Company Limited (OGDCL) and Pakistan Refinery Limited (PRL) have signed a Memorandum of Understanding (MoU) to establish a strategic partnership in the energy industry.
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Russian oil to reach Pakistan through Oman Port: Minister
In the coming days, the first shipment of Russian oil will reach Pakistan through small boats, with 100,000 tons of crude oil set to anchor at Oman Port by the end of the month, according to a Pakistani minister.
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BMW launches all-new BMW 5 Series sedan
BMW has unveiled the all-new BMW 5 Series Sedan, showcasing its remarkable advancements in digital technology and introducing the model’s first-ever all-electric drive. As the BMW i5, this latest edition of the world’s most successful business sedan spearheads the transition towards sustainable premium mobility in the upper mid-range vehicle segment.
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