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Author: Faisal Shahnawaz

  • Dogecoin to PKR, USD on November 08, 2022

    Dogecoin to PKR, USD on November 08, 2022

    KARACHI: The exchange rate of Dogecoin (DOGE) in Pakistani Rupee (PKR) and US Dollar (USD) on November 08, 2022.

    One Dogecoin to PKR is Rs22.79 on November 08, 2022 at 03:58 PM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate Rs25.18 at closing on November 07, 2022.

    The rate of Dogecoin in US Dollar (USD) is $0.10 on November 08, 2022 at 03:58 PM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate $0.11 at closing on November 07, 2022.

    READ MORE: Dogecoin to PKR, USD on November 07, 2022

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    Ripple to PKR, USD on November 08, 2022

    KARACHI: The exchange rate of Ripple (XRP) in Pakistani Rupee (PKR) and US Dollar (USD) on November 08, 2022.

    One Ripple (XRP) in Pakistani Rupee (PKR) is Rs97.14 on November 08, 2022 at 03:58 PM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate Rs102.34 at closing on November 07, 2022.

    The rate of Ripple in US Dollar (USD) is $0.44 on November 08, 2022 at 03:58 PM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate of $0.47 at closing on November 07, 2022.

    READ MORE: Ripple to PKR, USD on November 07, 2022

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    Bitcoin to PKR, USD on November 08, 2022

    KARACHI: The exchange rate of Bitcoin (BTC) in Pakistani Rupee (PKR) and US Dollar (USD) on November 08, 2022.

    One Bitcoin (BTC) in Pakistani Rupee (PKR) is Rs4,365,409.22 on November 08, 2022 at 03:58 PM Pakistan Standard Time (PST), in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate Rs4,534,157.95 at closing on November 07, 2022.

    The rate of Bitcoin in US Dollar (USD) is $19,773.64 on November 08, 2022 at 03:58 PM Pakistan Standard Time (PST) in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate $20,703.70 at closing on November 07, 2022.

    READ MORE: Bitcoin to PKR, USD on November 07, 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.

  • FBR directs intensified enforcement to meet collection target

    FBR directs intensified enforcement to meet collection target

    KARACHI: Asim Ahmad, Chairman, Federal Board of Revenue (FBR) has directed tax offices to intensified enforcement measures to meet tax collection targets set for current fiscal year.

    According a statement issued on Monday, the chairman directed all Chief Commissioners of Inland Revenue (CCIRs) that all out efforts must be taken to safeguard revenue and to meet the budgetary target fixed for financial year 2022-2023 through intensified enforcement measures.

    READ MORE: FBR approves setting up directorate for risk profiling of main sectors

    The FBR chairman visited Karachi and remained in the city for three days. He chaired chief commissioners’ conference of eight field formations of Sindh and Balochistan held at Large Taxpayers’ Office (LTO) Karachi. Member Inland Revenue (Operations) Amjad Zubair Tiwana also accompanied the FBR chairman.

    Detailed presentations regarding revenue collections for and up to month of October were given by all chief commissioners, further outlining the strategy for achievement of budgetary targets for November and the rest of financial year 2022-2023.

    READ MORE: National Tax Council discusses GST harmonization

    The CCIR’s gave workable strategy and new avenues for achieving the revenue target for the current financial year.

    The chairman also held a meeting with Karachi Tax Bar Association (KTBA). Rehan Jafri, KTBA President along with other members of the tax bar were present.

    The tax bar raised operational and technical issues regarding Iris software relating to filing of returns.

    The FBR chairman assured the bar of early resolution of the issue as highlighted. The chairman also expressed that bar and bench together are the cornerstone for smooth functioning of taxation system and also acknowledged efforts of KTBA in this regard.

    READ MORE: Definitions under Pakistan Income Tax Laws updated up to June 30, 2022

    The chairman also visited KCCI and appreciated the contribution of the business community in achievement of budgetary target up to October, 2022. Zubair Motiwala and other members of the chamber raised various return-related issues and customs duties. Asim Ahmad assured them of early resolution of the issues.

    Later, FBR chairman visited Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and met the officer bearers of the apex trade body.

    READ MORE: No tax amnesty, no tax rate cut under IMF program: FBR chief

    Issues regarding issuance of refunds and taxes levied on assets were discussed. The chairman assured the FPCCI of speedy issuance of refunds. Regarding, tax on assets, the chairman stated that the same was a revenue measure which is subjudice before the superiod courts.

  • Pakistan stocks up 191 points on inflows expectations

    Pakistan stocks up 191 points on inflows expectations

    KARACHI: Pakistan’s stocks witnessed a robust start to the week, with the benchmark KSE-100 index closing 191 points higher on Monday. The market rallied on optimism surrounding expected monetary inflows from China and Saudi Arabia.

    (more…)
  • US Dollar falls by 26 paisas to PKR 221.66 in interbank market

    US Dollar falls by 26 paisas to PKR 221.66 in interbank market

    KARACHI: The US Dollar fell by 26 paisas against the Pakistani Rupee (PKR) on Monday to end at PKR 221.26 in interbank foreign exchange market.

    The exchange rate witnessed a recovery of 26 paisas in the rupee value to end PKR 221.26 from last Friday’s closing of PKR 221.92 in interbank foreign exchange market.

    READ MORE: Rupee inches up against dollar to end PKR 221.92

    Currency market opened with the stable currency rate because of positive sentiments prevailed during the day. The last closing on Friday November 04, 2022 witnessed volatile trading because of an attack on former Prime Minister Imran Khan. The political instability kept the pressure. However, the reports that the State Bank of Pakistan (SBP) had allowed the exchange companies to retain 20 per cent of the workers’ remittances helped the market sentiments to improve.

    Besides, latest data showed improvement in foreign exchange reserves position.

    READ MORE: Dollar extends gain to reach PKR 221.95 in interbank

    Pakistan foreign exchange reserves have increased by $1.527 billion to $14.69 billion by week ended October 28, 2022 after transfer of funds from Asian Development Bank (ADB).

    The country’s foreign exchange reserves increased to $14.689 billion by week ended October 28, 2022 as compared with $13.162 billion a week ago i.e. October 21, 2022.

    READ MORE: Dollar gains 78 paisas to end PKR 221.43 in interbank

    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 $12.539 billion.

    The official foreign exchange reserves of the State Bank also increased by $1.473 billion to $8.913 billion by week ended October 28, 2022 when compared with $7.44 billion a week ago.

    READ MORE: Rupee rebounds after Dar holds meetings with banks, exchange companies

    Currency experts said that the dollar witnessed appreciation globally following a sharp rise in treasury yields after the Federal Reserve signaled the interest rates would likely spike.

    The Fed earlier raised its benchmark funds rate by 75 basis points to 3.75-4 per cent as widely expected.

  • Karachi Interbank Offered Rates KIBOR – November 07, 2022

    Karachi Interbank Offered Rates KIBOR – November 07, 2022

    KARACHI: State Bank of Pakistan (SBP) on Monday issued the Karachi Interbank Offered Rates (KIBOR) as on November 07, 2022.

    Following are the latest KIBOR rates:

     TenorBIDOFFER
    1 – Week14.9015.40
    2 – Week14.9915.49
    1 – Month15.0615.56
    3 – Month15.4915.74
    6 – Month15.5915.84
    9 – Month15.6316.13
    1 – Year15.6516.15

    READ MORE: Karachi Interbank Offered Rates KIBOR – November 03, 2022

  • State Bank issues foreign exchange rates on November 07, 2022

    State Bank issues foreign exchange rates on November 07, 2022

    KARACHI, November 07, 2022 – The State Bank of Pakistan (SBP) has released the foreign exchange rates for November 07, 2022.

    (more…)
  • Bitcoin to PKR, USD on November 07, 2022

    Bitcoin to PKR, USD on November 07, 2022

    KARACHI: The exchange rate of Bitcoin (BTC) in Pakistani Rupee (PKR) and US Dollar (USD) on November 07, 2022.

    (more…)
  • Ripple to PKR, USD on November 07, 2022

    Ripple to PKR, USD on November 07, 2022

    KARACHI: The exchange rate of Ripple (XRP) in Pakistani Rupee (PKR) and US Dollar (USD) on November 07, 2022.

    One Ripple (XRP) in Pakistani Rupee (PKR) is Rs102.34 on November 07, 2022 at 03:16 PM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate Rs108.51 at closing on November 06, 2022.

    The rate of Ripple in US Dollar (USD) is $0.47 on November 07, 2022 at 03:15 PM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate of $0.49 at closing on November 06, 2022.

    READ MORE: Ripple to PKR, USD on November 06, 2022

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    Dogecoin to PKR, USD on November 07, 2022

    KARACHI: The exchange rate of Dogecoin (DOGE) in Pakistani Rupee (PKR) and US Dollar (USD) on November 07, 2022.

    One Dogecoin to PKR is Rs25.18 on November 07, 2022 at 03:15 PM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate Rs27.40 at closing on November 06, 2022.

    The rate of Dogecoin in US Dollar (USD) is $0.11 on November 07, 2022 at 03:15 PM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate $0.12 at closing on November 06, 2022.

    READ MORE: Dogecoin to PKR, USD on November 06, 2022

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    Bitcoin to PKR, USD on November 07, 2022

    KARACHI: The exchange rate of Bitcoin (BTC) in Pakistani Rupee (PKR) and US Dollar (USD) on November 07, 2022.

    One Bitcoin (BTC) in Pakistani Rupee (PKR) is Rs4,534,157.95 on November 07, 2022 at 03:15 PM Pakistan Standard Time (PST), in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate Rs4,705,525.26 at closing on November 06, 2022.

    The rate of Bitcoin in US Dollar (USD) is $20,703.70 on November 07, 2022 at 03:15 PM Pakistan Standard Time (PST) in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate $21,243.91 at closing on November 06, 2022.

    READ MORE: Bitcoin to PKR, USD on November 06, 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 07, 2022

    Dogecoin to PKR, USD on November 07, 2022

    KARACHI: The exchange rate of Dogecoin (DOGE) in Pakistani Rupee (PKR) and US Dollar (USD) on November 07, 2022.

    One Dogecoin to PKR is Rs25.18 on November 07, 2022 at 03:15 PM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate Rs27.40 at closing on November 06, 2022.

    The rate of Dogecoin in US Dollar (USD) is $0.11 on November 07, 2022 at 03:15 PM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate $0.12 at closing on November 06, 2022.

    READ MORE: Dogecoin to PKR, USD on November 06, 2022

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    Ripple to PKR, USD on November 07, 2022

    KARACHI: The exchange rate of Ripple (XRP) in Pakistani Rupee (PKR) and US Dollar (USD) on November 07, 2022.

    One Ripple (XRP) in Pakistani Rupee (PKR) is Rs102.34 on November 07, 2022 at 03:16 PM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate Rs108.51 at closing on November 06, 2022.

    The rate of Ripple in US Dollar (USD) is $0.47 on November 07, 2022 at 03:15 PM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate of $0.49 at closing on November 06, 2022.

    READ MORE: Ripple to PKR, USD on November 06, 2022

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    Bitcoin to PKR, USD on November 07, 2022

    KARACHI: The exchange rate of Bitcoin (BTC) in Pakistani Rupee (PKR) and US Dollar (USD) on November 07, 2022.

    One Bitcoin (BTC) in Pakistani Rupee (PKR) is Rs4,534,157.95 on November 07, 2022 at 03:15 PM Pakistan Standard Time (PST), in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate Rs4,705,525.26 at closing on November 06, 2022.

    The rate of Bitcoin in US Dollar (USD) is $20,703.70 on November 07, 2022 at 03:15 PM Pakistan Standard Time (PST) in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate $21,243.91 at closing on November 06, 2022.

    READ MORE: Bitcoin to PKR, USD on November 06, 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.

  • Price, specs of Tecno Camon 19 Neo in Pakistan

    Price, specs of Tecno Camon 19 Neo in Pakistan

    Tecno Camon 19 Neo was launched in Pakistan on July 06, 2022. The current price of the phone is Rs37,999.00.

    Tecno Camon 19 Neo contains MTK G85 chip, which offers better display, more image processing power and faster speed.

    The phone features light and shadow cutting prism on the back case, so that the light, shadow and lines intersect to make each side look glorious.

    READ MORE: Price, specs of Samsung Galaxy A73 in Pakistan

    The phone has a slim body. The mid-frame platform surface is slightly curved, with R-angles on both sides to ensure a rounded feel whenever it is hold.

    The phone has extra memory (128GB + 6GB) capacity to store as much as possible. The phone converts ROM memory to RAM memory through memory fusion technology to fully enhance the smoothness of the phone. The extended RAM is up to 5GB.

    Following are the complete specifications of Tecno Camon 19 Neo:

    SIM SupportDual SIM (Nano-SIM, dual stand-by)
    Phone Dimensions168.8 x 76.9 x 8.5 mm
    Operating SystemAndroid 12, HIOS 8.6
    Screen Size6.8 inches
    Screen Resolution1080 x 2460 pixels
    Screen TypeIPS LCD
    Screen ProtectionN/A
    Internal Memory128GB
    RAM6GB RAM
    Card SlotUnspecified
    ProcessorMediaTek Helio G85
    GPUMali-G52 MC2
    Battery typeLi-Po 5000 mAh, non-removable
    Front Camera32 MP
    Front Flash LightYes
    Front Video Recording1080p@30fps
    Back Flash LightYes
    Back Camera48 MP + 2 MP + QVGA
    Back Video Recording1080p@30fps
    BluetoothYes
    3GYes
    4G/LTEYes
    5GNo
    RadioYes
    WiFiYes
    NFCYes

    READ MORE: Realme 9 4G price and specs in Pakistan