KARACHI: The exchange rate of Bitcoin (BTC) in Pakistani Rupee (PKR) and US Dollar (USD) on November 23, 2022.
(more…)Author: Faisal Shahnawaz
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Ripple to PKR, USD on November 23, 2022
KARACHI: The exchange rate of Ripple (XRP) in Pakistani Rupee (PKR) and US Dollar (USD) on November 23, 2022.
One Ripple (XRP) in Pakistani Rupee (PKR) is Rs80.75 on November 23, 2022 at 12:50 PM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate Rs80.82 at closing on November 22, 2022.
The rate of Ripple in US Dollar (USD) is $0.36 on November 23, 2022 at 12:50 PM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate of $0.36 at closing on November 22, 2022.
READ MORE: Ripple to PKR, USD on November 22, 2022
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Dogecoin to PKR, USD on November 23, 2022
KARACHI: The exchange rate of Dogecoin (DOGE) in Pakistani Rupee (PKR) and US Dollar (USD) on November 23, 2022.
One Dogecoin to PKR is Rs18.26 on November 23, 2022 at 12:50 PM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate Rs18.27 at closing on November 22, 2022.
The rate of Dogecoin in US Dollar (USD) is $0.08 on November 23, 2022 at 12:50 PM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate $0.08 at closing on November 22, 2022.
READ MORE: Dogecoin to PKR, USD on November 22, 2022
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Bitcoin to PKR, USD on November 23, 2022
KARACHI: The exchange rate of Bitcoin (BTC) in Pakistani Rupee (PKR) and US Dollar (USD) on November 23, 2022.
One Bitcoin (BTC) in Pakistani Rupee (PKR) is Rs3,685,788.84 on November 23, 2022 at 12:50 PM Pakistan Standard Time (PST), in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate Rs3,533,755.34 at closing on November 22, 2022.
The rate of Bitcoin in US Dollar (USD) is $16,490.89 on November 23, 2022 at 12:50 PM Pakistan Standard Time (PST) in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate $15,796.85 at closing on November 22, 2022.
READ MORE: Bitcoin to PKR, USD on November 22, 2022
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Disclaimer: All data and information are provided for informational purposes only. The data has not been provided for trading purposes or financial, investment, tax, legal, accounting, or other advice. In the case of trading, it is advised to consult your broker or financial representative to verify pricing before executing any trade. The exchange rate does not constitute investment advice. Further, it is not a recommendation to buy, sell or hold any security or financial product.
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Dogecoin to PKR, USD on November 23, 2022
KARACHI: The exchange rate of Dogecoin (DOGE) in Pakistani Rupee (PKR) and US Dollar (USD) on November 23, 2022.
One Dogecoin to PKR is Rs18.26 on November 23, 2022 at 12:50 PM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate Rs18.27 at closing on November 22, 2022.
The rate of Dogecoin in US Dollar (USD) is $0.08 on November 23, 2022 at 12:50 PM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate $0.08 at closing on November 22, 2022.
READ MORE: Dogecoin to PKR, USD on November 22, 2022
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Ripple to PKR, USD on November 23, 2022
KARACHI: The exchange rate of Ripple (XRP) in Pakistani Rupee (PKR) and US Dollar (USD) on November 23, 2022.
One Ripple (XRP) in Pakistani Rupee (PKR) is Rs80.75 on November 23, 2022 at 12:50 PM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate Rs80.82 at closing on November 22, 2022.
The rate of Ripple in US Dollar (USD) is $0.36 on November 23, 2022 at 12:50 PM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate of $0.36 at closing on November 22, 2022.
READ MORE: Ripple to PKR, USD on November 22, 2022
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Bitcoin to PKR, USD on November 23, 2022
KARACHI: The exchange rate of Bitcoin (BTC) in Pakistani Rupee (PKR) and US Dollar (USD) on November 23, 2022.
One Bitcoin (BTC) in Pakistani Rupee (PKR) is Rs3,685,788.84 on November 23, 2022 at 12:50 PM Pakistan Standard Time (PST), in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate Rs3,533,755.34 at closing on November 22, 2022.
The rate of Bitcoin in US Dollar (USD) is $16,490.89 on November 23, 2022 at 12:50 PM Pakistan Standard Time (PST) in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate $15,796.85 at closing on November 22, 2022.
READ MORE: Bitcoin to PKR, USD on November 22, 2022
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Disclaimer: All data and information are provided for informational purposes only. The data has not been provided for trading purposes or financial, investment, tax, legal, accounting, or other advice. In the case of trading, it is advised to consult your broker or financial representative to verify pricing before executing any trade. The exchange rate does not constitute investment advice. Further, it is not a recommendation to buy, sell or hold any security or financial product.
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ACCA, IFAC release guide on public financial management reforms
A new joint guide by the Association of Chartered Certified Accountants (ACCA) and the International Federation of Accountants (IFAC) released at the World Congress of Accountants (WCOA) aims to boost PFM reforms across the globe by defining for the first time the idea of professionalisation specifically in the context of public sector finance.
The guide also features case studies of good practice from Tanzania, the UK, Cyprus, the Philippines, Pakistan, Malaysia and Wales.
A global guide for professionalisation in public sector finance provides a definition of what professionalisation means in public sector finance, sets out the benefits of professionalisation, and offers a high-level roadmap to support global good practice in professionalisation.
Discussing the global guide ahead of a panel discussion at WCOA, Joseph Owolabi, ACCA president, said: “Professionalisation brings credibility, trust and confidence in public finances by supplementing the systems and public finance processes with the right skills for accountability, transparency, good governance and external scrutiny.
A professionalised workforce within a finance function supplies more than accounting information. It brings wide value to public sector finances – providing improved revenue collection, effective budgetary controls, and the data required to support policy decision making.”
Kevin Dancey, IFAC CEO, said: “We are looking to rebalance the focus so that it is not only on the process, but also on the people. The value of the accountancy profession, whether in the public or private sectors, comes from the experience, skills, judgement and ethical behaviour of its people. By increasing the number of professional accountants working in the public sector, we will no doubt add to the credibility and effectiveness of PFM, and reinforce trust in public services and spending.”
Achieving professionalisation brings multiple benefits to the economy, governments and individuals. It means greater financial credibility for economies, improved financial management discipline for governments, and greater access to diverse career options for individuals.
Alex Metcalfe, ACCA’s head of public sector, said: “Political leadership and commitment for professionalisation is the most important factor for sustaining PFM reforms over time. In some countries, there is a lack of recognition that change is needed at all. In other countries, PFM reforms have concentrated on moving from cash-based to accrual-based accounting. But now more effort is urgently required to professionalise public finance staff and provide opportunities for training for professional qualifications.”
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Karachi Interbank Offered Rates KIBOR – November 22, 2022
KARACHI: State Bank of Pakistan (SBP) on Tuesday issued the Karachi Interbank Offered Rates (KIBOR) as on November 22, 2022.
Following are the latest KIBOR rates:
Tenor BID OFFER 1 – Week 14.94 15.44 2 – Week 14.99 15.49 1 – Month 15.08 15.58 3 – Month 15.58 15.83 6 – Month 15.62 15.87 9 – Month 15.63 16.13 1 – Year 15.64 16.14 READ MORE: Karachi Interbank Offered Rates KIBOR – November 21, 2022
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Rupee beats dollar after seven sessions to end at PKR 223.42
KARACHI: Pakistani Rupee made a recovery on Tuesday after falling for seven straight sessions against the dollar in interbank foreign exchange market.
The exchange rate recorded an appreciation of 24 paisas in rupee value to end at PKR 223.43 to the dollar from previous day’s closing of PKR 223.66 in the interbank foreign exchange market.
READ MORE: Dollar rises for 7th straight session, reaches to PKR 223.66
It is important to note that rupee recovery was surprising in the wake of adverse economic indicators.
The five-year Credit Default Swap (CDS) of the country reached to record high of 92 showing inability of the government to repay its debts.
Although last Saturday, Finance Minister Ishaq Dar assured the foreign investors that Pakistan would manage to repay its obligations in-time.
READ MORE: Rupee plummets on mounting default risk; dollar advances to PKR 223.17
Latest investment data released by the State Bank of Pakistan (SBP) revealed the foreign direct investment plunged by 52 per cent in first four months of the current fiscal year.
The current account deficit recorded contraction in the first four months of the current fiscal year it swelled when compared with the previous month.
Pakistan needs foreign inflows on urgent basis to avoid balance of payment crisis. The foreign exchange reserves of Pakistan fell sharply during past few months making it difficult for the government to fulfill its foreign repayment commitments.
READ MORE: Rupee devaluation continues; dollar reaches PKR 222.67
Foreign exchange (forex) reserves of Pakistan were at $13.796 billion by week ended November 11, 2022 as compared with $13.721 billion a week ago i.e. November 04, 2022.
The country’s foreign exchange reserves hit all-time high of $27.228 billion on August 27, 2021. Since then the foreign exchange reserves have declined by $13.432 billion.
READ MORE: Dollar climbs to PKR 222.41 amid foreign payment demand
The official foreign exchange reserves of the State Bank nominally increased by $3 million to 7.96 billion by week ended November 11, 2022 as compared with $7.957 billion a week ago.
The foreign exchange reserves held by the central bank witnessed a record high at $20.146 billion by week ended August 27, 2021. Since then the official reserves of the SBP dropped by $12.185 billion.
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State Bank issues foreign exchange rates on November 22, 2022
Karachi, November 22, 2022 – The State Bank of Pakistan (SBP) has published the foreign exchange rates for today, offering valuable insights into the buying and selling prices of various foreign currencies against the Pakistan Rupee (PKR).
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Bitcoin to PKR, USD on November 22, 2022
KARACHI: The exchange rate of Bitcoin (BTC) in Pakistani Rupee (PKR) and US Dollar (USD) on November 22, 2022.
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Ripple to PKR, USD on November 22, 2022
KARACHI: The exchange rate of Ripple (XRP) in Pakistani Rupee (PKR) and US Dollar (USD) on November 22, 2022.
One Ripple (XRP) in Pakistani Rupee (PKR) is Rs80.82 on November 22, 2022 at 10:08 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate Rs81.40 at closing on November 21, 2022.
The rate of Ripple in US Dollar (USD) is $0.36 on November 22, 2022 at 10:08 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate of $0.36 at closing on November 21, 2022.
READ MORE: Ripple to PKR, USD on November 21, 2022
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Dogecoin to PKR, USD on November 22, 2022
KARACHI: The exchange rate of Dogecoin (DOGE) in Pakistani Rupee (PKR) and US Dollar (USD) on November 22, 2022.
One Dogecoin to PKR is Rs18.27 on November 22, 2022 at 10:08 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate Rs18.40 at closing on November 21, 2022.
The rate of Dogecoin in US Dollar (USD) is $0.08 on November 22, 2022 at 10:08 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate $0.08 at closing on November 21, 2022.
READ MORE: Dogecoin to PKR, USD on November 21, 2022
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Bitcoin to PKR, USD on November 22, 2022
KARACHI: The exchange rate of Bitcoin (BTC) in Pakistani Rupee (PKR) and US Dollar (USD) on November 22, 2022.
One Bitcoin (BTC) in Pakistani Rupee (PKR) is Rs3,533,755.34 on November 22, 2022 at 10:08 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate Rs3,607,474.25 at closing on November 21, 2022.
The rate of Bitcoin in US Dollar (USD) is $15,796.85 on November 22, 2022 at 10:08 AM Pakistan Standard Time (PST) in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate $16,011.50 at closing on November 21, 2022.
READ MORE: Bitcoin to PKR, USD on November 21, 2022
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Disclaimer: All data and information are provided for informational purposes only. The data has not been provided for trading purposes or financial, investment, tax, legal, accounting, or other advice. In the case of trading, it is advised to consult your broker or financial representative to verify pricing before executing any trade. The exchange rate does not constitute investment advice. Further, it is not a recommendation to buy, sell or hold any security or financial product.
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Dogecoin to PKR, USD on November 22, 2022
KARACHI: The exchange rate of Dogecoin (DOGE) in Pakistani Rupee (PKR) and US Dollar (USD) on November 22, 2022.
(more…)