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Author: Faisal Shahnawaz

  • Ripple to PKR, USD on November 13, 2022

    Ripple to PKR, USD on November 13, 2022

    KARACHI: The exchange rate of Ripple (XRP) in Pakistani Rupee (PKR) and US Dollar (USD) on November 13, 2022.

    One Ripple (XRP) in Pakistani Rupee (PKR) is Rs79.39 on November 13, 2022 at 09:28 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate Rs80.04 at closing on November 12, 2022.

    The rate of Ripple in US Dollar (USD) is $0.36 on November 13, 2022 at 09:28 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 12, 2022.

    READ MORE: Ripple to PKR, USD on November 12, 2022

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    Dogecoin to PKR, USD on November 13, 2022

    KARACHI: The exchange rate of Dogecoin (DOGE) in Pakistani Rupee (PKR) and US Dollar (USD) on November 13, 2022.

    One Dogecoin to PKR is Rs17.95 on November 13, 2022 at 09:28 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate Rs18.10 at closing on November 12, 2022.

    The rate of Dogecoin in US Dollar (USD) is $0.08 on November 13, 2022 at 09:28 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 12, 2022.

    READ MORE: Dogecoin to PKR, USD on November 12, 2022

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    Bitcoin to PKR, USD on November 13, 2022

    KARACHI: The exchange rate of Bitcoin (BTC) in Pakistani Rupee (PKR) and US Dollar (USD) on November 13, 2022.

    One Bitcoin (BTC) in Pakistani Rupee (PKR) is Rs3,712,924.43 on November 13, 2022 at 09:28 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate Rs3,712,965.64 at closing on November 12, 2022.

    The rate of Bitcoin in US Dollar (USD) is $16,896.45 on November 13, 2022 at 09:28 AM Pakistan Standard Time (PST) in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate $16,758.29 at closing on November 12, 2022.

    READ MORE: Bitcoin to PKR, USD on November 12, 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.

  • Dogecoin to PKR, USD on November 13, 2022

    Dogecoin to PKR, USD on November 13, 2022

    KARACHI: The exchange rate of Dogecoin (DOGE) in Pakistani Rupee (PKR) and US Dollar (USD) on November 13, 2022.

    One Dogecoin to PKR is Rs17.95 on November 13, 2022 at 09:28 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate Rs18.10 at closing on November 12, 2022.

    The rate of Dogecoin in US Dollar (USD) is $0.08 on November 13, 2022 at 09:28 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 12, 2022.

    READ MORE: Dogecoin to PKR, USD on November 12, 2022

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    Ripple to PKR, USD on November 13, 2022

    KARACHI: The exchange rate of Ripple (XRP) in Pakistani Rupee (PKR) and US Dollar (USD) on November 13, 2022.

    One Ripple (XRP) in Pakistani Rupee (PKR) is Rs79.39 on November 13, 2022 at 09:28 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate Rs80.04 at closing on November 12, 2022.

    The rate of Ripple in US Dollar (USD) is $0.36 on November 13, 2022 at 09:28 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 12, 2022.

    READ MORE: Ripple to PKR, USD on November 12, 2022

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    Bitcoin to PKR, USD on November 13, 2022

    KARACHI: The exchange rate of Bitcoin (BTC) in Pakistani Rupee (PKR) and US Dollar (USD) on November 13, 2022.

    One Bitcoin (BTC) in Pakistani Rupee (PKR) is Rs3,712,924.43 on November 13, 2022 at 09:28 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate Rs3,712,965.64 at closing on November 12, 2022.

    The rate of Bitcoin in US Dollar (USD) is $16,896.45 on November 13, 2022 at 09:28 AM Pakistan Standard Time (PST) in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate $16,758.29 at closing on November 12, 2022.

    READ MORE: Bitcoin to PKR, USD on November 12, 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.

  • Bitcoin to PKR, USD on November 12, 2022

    Bitcoin to PKR, USD on November 12, 2022

    KARACHI: The exchange rate of Bitcoin (BTC) in Pakistani Rupee (PKR) and US Dollar (USD) on November 12, 2022.

    One Bitcoin (BTC) in Pakistani Rupee (PKR) is Rs3,712,965.64 on November 12, 2022 at 10:37 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate Rs3,839,230.84 at closing on November 11, 2022.

    The rate of Bitcoin in US Dollar (USD) is $16,758.29 on November 12, 2022 at 10:37 AM Pakistan Standard Time (PST) in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate $17,337.73 at closing on November 11, 2022.

    READ MORE: Bitcoin to PKR, USD on November 11, 2022

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    Ripple to PKR, USD on November 12, 2022

    KARACHI: The exchange rate of Ripple (XRP) in Pakistani Rupee (PKR) and US Dollar (USD) on November 12, 2022.

    One Ripple (XRP) in Pakistani Rupee (PKR) is Rs80.04 on November 12, 2022 at 10:37 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate Rs80.00 at closing on November 11, 2022.

    The rate of Ripple in US Dollar (USD) is $0.36 on November 12, 2022 at 10:37 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 11, 2022.

    READ MORE: Ripple to PKR, USD on November 11, 2022

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    Dogecoin to PKR, USD on November 12, 2022

    KARACHI: The exchange rate of Dogecoin (DOGE) in Pakistani Rupee (PKR) and US Dollar (USD) on November 12, 2022.

    One Dogecoin to PKR is Rs18.10 on November 12, 2022 at 10:37 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate Rs18.09 at closing on November 11, 2022.

    The rate of Dogecoin in US Dollar (USD) is $0.08 on November 12, 2022 at 10:37 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 11, 2022.

    READ MORE: Dogecoin to PKR, USD on November 11, 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.

  • Ripple to PKR, USD on November 12, 2022

    Ripple to PKR, USD on November 12, 2022

    KARACHI: The exchange rate of Ripple (XRP) in Pakistani Rupee (PKR) and US Dollar (USD) on November 12, 2022.

    One Ripple (XRP) in Pakistani Rupee (PKR) is Rs80.04 on November 12, 2022 at 10:37 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate Rs80.00 at closing on November 11, 2022.

    The rate of Ripple in US Dollar (USD) is $0.36 on November 12, 2022 at 10:37 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 11, 2022.

    READ MORE: Ripple to PKR, USD on November 11, 2022

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    Dogecoin to PKR, USD on November 12, 2022

    KARACHI: The exchange rate of Dogecoin (DOGE) in Pakistani Rupee (PKR) and US Dollar (USD) on November 12, 2022.

    One Dogecoin to PKR is Rs18.10 on November 12, 2022 at 10:37 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate Rs18.09 at closing on November 11, 2022.

    The rate of Dogecoin in US Dollar (USD) is $0.08 on November 12, 2022 at 10:37 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 11, 2022.

    READ MORE: Dogecoin to PKR, USD on November 11, 2022

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    Bitcoin to PKR, USD on November 12, 2022

    KARACHI: The exchange rate of Bitcoin (BTC) in Pakistani Rupee (PKR) and US Dollar (USD) on November 12, 2022.

    One Bitcoin (BTC) in Pakistani Rupee (PKR) is Rs3,712,965.64 on November 12, 2022 at 10:37 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate Rs3,839,230.84 at closing on November 11, 2022.

    The rate of Bitcoin in US Dollar (USD) is $16,758.29 on November 12, 2022 at 10:37 AM Pakistan Standard Time (PST) in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate $17,337.73 at closing on November 11, 2022.

    READ MORE: Bitcoin to PKR, USD on November 11, 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.

  • Dogecoin to PKR, USD on November 12, 2022

    Dogecoin to PKR, USD on November 12, 2022

    KARACHI: The exchange rate of Dogecoin (DOGE) in Pakistani Rupee (PKR) and US Dollar (USD) on November 12, 2022.

    One Dogecoin to PKR is Rs18.10 on November 12, 2022 at 10:37 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate Rs18.09 at closing on November 11, 2022.

    The rate of Dogecoin in US Dollar (USD) is $0.08 on November 12, 2022 at 10:37 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 11, 2022.

    READ MORE: Dogecoin to PKR, USD on November 11, 2022

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    Ripple to PKR, USD on November 12, 2022

    KARACHI: The exchange rate of Ripple (XRP) in Pakistani Rupee (PKR) and US Dollar (USD) on November 12, 2022.

    One Ripple (XRP) in Pakistani Rupee (PKR) is Rs80.04 on November 12, 2022 at 10:37 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate Rs80.00 at closing on November 11, 2022.

    The rate of Ripple in US Dollar (USD) is $0.36 on November 12, 2022 at 10:37 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 11, 2022.

    READ MORE: Ripple to PKR, USD on November 11, 2022

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    Bitcoin to PKR, USD on November 12, 2022

    KARACHI: The exchange rate of Bitcoin (BTC) in Pakistani Rupee (PKR) and US Dollar (USD) on November 12, 2022.

    One Bitcoin (BTC) in Pakistani Rupee (PKR) is Rs3,712,965.64 on November 12, 2022 at 10:37 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate Rs3,839,230.84 at closing on November 11, 2022.

    The rate of Bitcoin in US Dollar (USD) is $16,758.29 on November 12, 2022 at 10:37 AM Pakistan Standard Time (PST) in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate $17,337.73 at closing on November 11, 2022.

    READ MORE: Bitcoin to PKR, USD on November 11, 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.

  • 11th generation Honda Accord 2023 unveiled

    11th generation Honda Accord 2023 unveiled

    Honda unveils 11th generation of Accord 2023. The car has standard class-leading safety features which include new Honda Sensing safety and driver-assistive technology, next-gen front airbags, as well as new front knee airbags and rear side-impact airbags.

    The new sporty and modern interior offers fine craftsmanship, high-quality materials and tech features including Honda’s largest touchscreen ever and Honda’s first integration of Google built-in for seamless on-the-go connectivity.

    Accord is also more comfortable, with new front Body Stabilizing Seats that reduce fatigue on long drives.

    The car features sleek and sophisticated all-new exterior design. The 4th-generation two-motor hybrid system (Sport, EX-L, Sport-L, Touring) is more powerful, which makes Accord more fun to drive.

    READ MORE: Honda exhibits e:N2 Concept model

    Honda’s first integration of Google built-in (Touring), including Google Assistant, Google Maps and Google Play capability with the latest apps and services.

    New Over the Air (OTA) software updates to nearly all vehicle computer modules, enhancing functionality and capability

    The car has the updated 1.5-liter Turbo engine (LX, EX) which adds refinement and responsiveness while remaining fuel efficient.

    Accord hybrid models (Sport, EX-L, Sport-L, Touring) feature an all-new, more powerful 4th-generation two-motor hybrid-electric system with a pair of electric motors that are now mounted side-by-side and an all-new 2.0-liter Atkinson cycle 4-cylinder engine that adds direct fuel injection.

    This new configuration allows for the use of a larger propulsion motor with increased torque output. Combined system output is 204 hp2, while traction-motor peak torque is 247 lb.-ft. of torque (up 15 lb.-ft.).

    READ MORE: Honda Aircraft unveils Jet Elite II

  • SBP introduces reporting system for illegal foreign exchange activity

    SBP introduces reporting system for illegal foreign exchange activity

    KARACHI: State Bank of Pakistan (SBP) on Friday introduced a reporting system for illegal foreign exchange activity.

    The central bank said in order to promote an environment of accountability and integrity, State Bank of Pakistan (SBP) has introduced a dedicated email address i.e. ([email protected]), using which public at large can report to SBP any unauthorized foreign exchange activity.

    This email may also be used to report any unauthorized activity carried out by an exchange company or where exchange company is not providing system generated receipt of the currency exchange transaction.

    While reporting an unauthorized foreign exchange activity, the complainant is expected to provide facts and as much specific information and particulars as possible to examine the matter thoroughly.

    They are also expected to refrain from rumor mongering, speculation, false and frivolous allegations/accusations. The disclosure of identity for utilizing this forum is voluntary; however, if shared the identity will be kept confidential. The public at large is encouraged to be judicious in reporting incidents.

    Further, if a person faces any issue in dealing with exchange companies, he/she may share the concerns at [email protected].

    Examples of such issues may include but are not limited to sale/purchase of foreign currency notes by Exchange Companies issuing receipts which are not system generated, charging exorbitantly high exchange rate over those displayed on the notice board, denial of genuine requests of the customer for provision of foreign currencies, etc.

    Foreign Exchange business in Pakistan is regulated by State Bank of Pakistan (SBP) under Foreign Exchange Regulation Act, 1947. Under the aforesaid Act, SBP has authorized twenty six Exchange Companies of “A” category and twenty Exchange Companies of “B” category to deal in foreign exchange business including sale purchase of foreign currency notes. The list of authorized outlets of exchange companies of “A” & “B” category can be accessed at the following link: https://www.sbp.org.pk/epd/pdf/NetworkExchangeCompaniesSector.pdf

  • Stocks continues to gain on foreign inflow expectations

    Stocks continues to gain on foreign inflow expectations

    KARACHI: Pakistan stocks continued to make gain on Friday on the reports of foreign inflows from China and Saudi Arabia.

    The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) ended at 43,093 points from previous day’s closing of 42,901 points, showing an increase of 192 points.

    READ MORE: Pakistan equities gain 636 points on AIIB fund inflow

    Analysts at Arif Habib Limited said yet another positive day was witnessed at the PSX during the day.

    The market opened in the positive territory although lackluster activity was noticed which led the index to lose 96.39 points at the close of the opening trading session.

    READ MORE: Pakistan equities extend gain amid inflows expectations

    However, the benchmark KSE-100 did rebound once the trading resumed as investors resurfaced following the Finance Minister’s announcement of a $13 billion package from China and Saudi Arabia.

    Volumes were stable overall, while healthy activity was observed in the Oil & Exploration Companies.

    READ MORE: Pakistan stocks up 191 points on inflows expectations

    Sectors contributing to the performance include E&P’s (+129.3 points), Technology & Communication (+98.4 points), OMC’s (+22.8 points), Tobacco (+13.1 points) and Food & Personal Care Products (+12.8 points).

    Volumes decreased from 293.9 million shares to 232.8 million shares (-20.8 per cent DoD). The average traded value also decreased by -25.4 per cent to USD 34.4 million as against USD 46.1 million.

    Stocks that contributed significantly to the volumes are CNERGY, WTL, TPLP, PRL and OGDC.

    READ MORE: Weekly Review: investors may cautious over political noise

  • Karachi Interbank Offered Rates KIBOR – November 11, 2022

    Karachi Interbank Offered Rates KIBOR – November 11, 2022

    KARACHI: State Bank of Pakistan (SBP) on Friday issued the Karachi Interbank Offered Rates (KIBOR) as on November 11, 2022.

    Following are the latest KIBOR rates:

     TenorBIDOFFER
    1 – Week14.8415.34
    2 – Week14.9315.43
    1 – Month15.0215.52
    3 – Month15.4815.73
    6 – Month15.5915.84
    9 – Month15.6116.11
    1 – Year15.6416.14

    READ MORE: Karachi Interbank Offered Rates KIBOR – November 10, 2022

  • Pakistan remittances decline by 15.7% in October 2022

    Pakistan remittances decline by 15.7% in October 2022

    KARACHI: Inflow of workers remittances has declined by 15.7 per cent in the month of October 2022 when compared with the same month of the last year, according to data released by State Bank of Pakistan (SBP) on Friday.

    READ MORE: Home remittances decline to $7.68 billion in 1QFY23

    The inflows of home remittances fell to $2.215 billion in October 2022 when compared with $2.628 billion in the same month of the last year.

    The remittances in October 2022 also witnessed a fall of 9 per cent when compared with $2.437 billion received during the month of September 2022.

    READ MORE: Pakistan remittances from Saudi Arabia fall by 7.5% in two months

    Remittances inflows during October 2022 were mainly sourced from Saudi Arabia ($570.5 million), the United Arab Emirates ($427 million), the United Kingdom ($278.8 million) and the United States of America ($253.1 million).

    The cumulative inflow declined by 8.6 per cent to $9.9 billion during first four months of the current fiscal year.

    READ MORE: State Bank signs deal to analyze property prices

    The inflow of remittances has been recorded at $9.9 billion during July – October of current fiscal year 2022/2023 as compared with $10.83 billion in the corresponding period of the last fiscal year.

    READ MORE: SBP bars banks from taking service charges on flood donations