The Pakistani Rupee (PKR) on Thursday hit a historic low against US Dollar for second consecutive day. The PKR depreciated to PKR 295 against dollar during the midday trading in interbank foreign exchange market.
(more…)Author: Faisal Shahnawaz
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Bitcoin rates in PKR and USD on May 11, 2023
On May 11, 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 11, 2023
On May 11, 2023 the exchange rates of Ripple (XRP) in Pakistani Rupee (PKR) and US Dollar (USD) have been reported as:
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Internet blockage halts app-based car and ride-sharing services in Pakistan
In a bid to prevent potential protests following the arrest of former Prime Minister Imran Khan, the Pakistani government has implemented an internet blockage across the country. As a result, app-based car and ride-sharing services, including popular platforms such as Careem, Uber, in-Drive, and Bykea, are unable to provide services, a captain of app-based car services said on Thursday morning.
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Dogecoin rates in PKR and USD on May 11, 2023
On May 11, 2023 the exchange rates of Dogecoin (DOGE) in Pakistani Rupee (PKR) and US Dollar (USD) have been reported as:
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PBC terms super tax as penalty on documented sector
The Pakistan Business Council (PBC) has expressed its dissatisfaction with the imposition of super tax on corporate profits, describing it as a penalty on the documented sector.
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PM Shehbaz Sharif defends Imran Khan’s arrest: warns miscreants
Prime Minister Muhammad Shehbaz Sharif addressed the nation on Wednesday, reiterating that the National Accountability Bureau (NAB) had legally arrested Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan on corruption and corrupt practice charges related to the Al Qadir Trust case involving a whopping amount of Rs60 billion (£190 million).
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British Council cancels Cambridge exams on May 11, 2023
Amidst a climate of political unrest and instability in Pakistan, the British Council has made the decision to cancel all Cambridge exams scheduled for May 11, 2023 in the country.
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Pakistan inward remittances drop by 29% in April 2023
According to data released by the State Bank of Pakistan (SBP) on Wednesday, the inflow of foreign remittances into Pakistan has sharply dropped by 29% during the month of April 2023.
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INTERBANK CLOSING: Rupee hits historic low at PKR 290.22 to dollar
The Pakistani Rupee (PKR) Wednesday hit a historic low against the US dollar, reaching PKR 290.22 at the closing of the interbank foreign exchange market. This depreciation follows the previous record low of PKR 288.43, observed in April.
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