KARACHI: The exchange rate of Ripple (XRP) in Pakistani Rupee (PKR) and US Dollar (USD) on October 20, 2022.
(more…)Author: Faisal Shahnawaz
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Dogecoin to PKR, USD on October 20, 2022
KARACHI: The exchange rate of Dogecoin (DOGE) in Pakistani Rupee (PKR) and US Dollar (USD) on October 20, 2022.
One Dogecoin to PKR is Rs13.18 on October 20, 2022 at 10:25 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate Rs12.97 at closing on October 19, 2022.
The rate of Dogecoin in US Dollar (USD) is $0.06 on October 20, 2022 at 10:25 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate $0.06 at closing on October 19, 2022.
READ MORE: Dogecoin to PKR, USD on October 19, 2022
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Ripple to PKR, USD on October 20, 2022
KARACHI: The exchange rate of Ripple (XRP) in Pakistani Rupee (PKR) and US Dollar (USD) on October 20, 2022.
One Ripple (XRP) in Pakistani Rupee (PKR) is Rs101.98 on October 20, 2022 at 10:25 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate Rs100.32 at closing on October 19, 2022.
The rate of Ripple in US Dollar (USD) is $0.46 on October 20, 2022 at 10:25 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate of $0.45 at closing on October 19, 2022.
READ MORE: Ripple to PKR, USD on October 19, 2022
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Bitcoin to PKR, USD on October 20, 2022
KARACHI: The exchange rate of Bitcoin (BTC) in Pakistani Rupee (PKR) and US Dollar (USD) on October 20, 2022.
One Bitcoin (BTC) in Pakistani Rupee (PKR) is Rs4,241,203.51 on October 20, 2022 at 10:25 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate Rs4,226,583.20 at closing on October 19, 2022.
The rate of Bitcoin in US Dollar (USD) is $19,178.52 on October 20, 2022 at 10:25 AM Pakistan Standard Time (PST) in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate $19,132.96 at closing on October 19, 2022.
READ MORE: Bitcoin to PKR, USD on October 19, 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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Karachi Interbank Offered Rates KIBOR – October 19, 2022
KARACHI: State Bank of Pakistan (SBP) on Wednesday issued the Karachi Interbank Offered Rates (KIBOR) as on October 19, 2022.
Following are the latest KIBOR rates:
Tenor BID OFFER 1 – Week 14.99 15.49 2 – Week 15.03 15.53 1 – Month 15.09 15.59 3 – Month 15.47 15.72 6 – Month 15.54 15.79 9 – Month 15.56 16.06 1 – Year 15.61 16.11 READ MORE: Karachi Interbank Offered Rates KIBOR – October 18, 2022
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Meezan Bank posts sharp growth of 46% in 9MCY22
KARACHI: Meezan Bank Limited has posted massive 46 per cent growth in net profit for the nine months period ended September 30, 2022.
According to unconsolidated financial results for quarter and nine- month period ended September 30, 2022 submitted to Pakistan Stock Exchange (PSX) on Wednesday, the bank posted after tax profit of Rs28.59 billion for the period January – September 2022 as compared with Rs19.56 billion in the corresponding period of the last year.
The bank announced Rs15.97 as earnings per share for the nine months period ended September 30, 2022 as compared with the EPS of Rs10.93 in the same period of the last year.
Board of directors of the bank on October 19, 2022 recommended an interim cash dividend for the quarter and nine months ended September 30, 2022 at Rs2 per share i.e. 20 per cent. This is an addition to interim dividend already paid at Rs3.5 per share i.e. 35 per cent.
Total earnings of the bank jumped to Rs77.15 billion for the nine months period ended September 30, 2022 as compared with Rs48.52 billion in the same period of the last year.
Foreign exchange income of the bank increased to Rs3.86 billion for the period under review as compared with Rs2.15 billion in the corresponding period of last year.
This brings the total income of the bank to Rs92.19 billion during January – September 2022 as compared with Rs 58.78 billion in the same period of the last year.
Operating expenses of the bank increased to Rs32.7 billion for the period under review as compared with Rs24.85 billion in the same period of the last year.
Provisions and write-offs for the period grew to Rs1.73 billion as against Rs553 million in the last year.
The bank paid an amount of Rs27.76 billion as taxes during first nine months of year 2022 as compared with Rs13.08 billion in the same period of the last year.
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Rolls Royce unveils first electric car Spectre
Rolls Royce launched the first electric car namely Spectre. The car is manufactured on the Rolls-Royce all-aluminium Architecture of Luxury. Spectre marks the beginning of all-electric era for Rolls-Royce Motor Cars.
The press release issued by the company stated that the final power, acceleration and range figures are still being refined, as the extraordinary undertaking of finessing Spectre enters its final phase before concluding in the second quarter of 2023.
However Preliminary data shows that Spectre is expected to have an all-electric range of 320 miles/520 kilometres WLTP and offer 900Nm of torque from its 430kW powertrain. It is anticipated to achieve 0-60mph in 4.4 seconds (0-100km/h in 4.5 seconds).
Through unveiling of Spectre, Rolls-Royce sets a new precedent in the creation of an entirely original class of motor car: the Ultra-Luxury Electric Super Coupé.
This designation refers to Spectre’s indulgent proportions, specified in response to a commitment that there is no greater luxury than that of space.
From the front, Spectre’s split headlight treatment is intersected by the widest grille ever bestowed on a Rolls-Royce. The vanes of the Pantheon grille are now smoother in section and a flusher fit, designed to help guide the air around the motor car’s front.
The relaxed angle and polished stainless steel finish of the grille does much to enhance Spectre’s presence using environmental reflection.
Along with an aero-tuned Spirit of Ecstasy figurine – itself the product of 830 combined hours of design modelling and wind tunnel testing – the grille enhances the motor car’s unprecedented drag coefficient, which at just 0.25cd makes Spectre Rolls-Royce’s most aerodynamic motor car, ever.
The proportional demands of Spectre’s scale required Rolls-Royce to embolden its wheel strategy.
Spectre is the first production two-door coupé to be equipped with 23-inch wheels in almost one hundred years.
For the first time on a series production Rolls-Royce, Spectre is available with Starlight Doors, which incorporate 4,796 softly illuminated ‘stars’.
The coach doors can also be commissioned with a backdrop of wood Canadel Panelling, which takes its name from the cove in the South of France where Sir Henry Royce and his design team spent their winters.
Alongside the extraordinary, illuminated surfaces, Spectre is equipped with a completely redesigned digital architecture of luxury named SPIRIT, presented in quintessential Rolls-Royce style.
Not only will SPIRIT manage the motor car’s functions, but it is seamlessly integrated into the marque’s Whispers application, allowing clients to interact with their car remotely, and receive live information curated by the marque’s luxury intelligence specialists.
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Rupee plunges to PKR 220.88 against dollar in interbank
KARACHI: Pakistani Rupee (PKR) sharply declined against dollar on Wednesday amid falling foreign exchange reserves and high demand for import payments.
The local currency ended down by PKR 1.17 to end at PKR 220.88 against the dollar from previous day’s closing of PKR 219.71 in the interbank foreign exchange market.
READ MORE: Rupee fall continues; Dollar ends at PKR 219.71 in interbank
Currency experts said that the local currency was under pressure during the day due to rising dollar demand for import payments and falling foreign exchange reserves.
The dollar rebounded on October 12, 2022 after making a losing streak for straight 13 sessions to the rupee.
READ MORE: PKR falls to dollar in interbank on Oct 17, 2022
The exchange rate reached to near record low of PKR 239.71 on September 22, 2022 to the dollar but ended at PKR 217.79 on October 10, 2022. Dar recently claimed that the actual value of the dollar is below PKR 200 and he vowed to bring it down.
The rupee hit all-time low of PKR 239.94 against the dollar on July 28, 2022.
READ MORE: PKR falls against dollar on depleting forex reserves
Pakistan’s foreign exchange reserves continued to decline and depleted by $342 million to $13.247 billion by week ended October 07, 2022. The foreign exchange reserves of the country were at $13.589 billion a week ago i.e. September 30, 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 $13.981 billion.
READ MORE: Dollar ends up to PKR 218.38 in interbank on Oct 13, 2022
They said that the rupee had made gain during the past couple of weeks due to various measures taken by the central bank to curb the dollar hoarding.
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State Bank’s foreign exchange rates – October 19, 2022
KARACHI – The State Bank of Pakistan (SBP) has unveiled the foreign exchange rates for October 19, 2022, providing a snapshot of the value of the Pakistani Rupee (PKR) against major international currencies.
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Bitcoin to PKR, USD on October 19, 2022
KARACHI: The exchange rate of Bitcoin (BTC) in Pakistani Rupee (PKR) and US Dollar (USD) on October 19, 2022.
One Bitcoin (BTC) in Pakistani Rupee (PKR) is Rs4,215,229.24 on October 19, 2022 at 10:55 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate Rs4,243,892.78 at closing on October 18, 2022.
The rate of Bitcoin in US Dollar (USD) is $19,274.84 on October 19, 2022 at 10:55 AM Pakistan Standard Time (PST) in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate $19,325.28 at closing on October 18, 2022.
READ MORE: Bitcoin to PKR, USD on October 18, 2022
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Dogecoin to PKR, USD on October 19, 2022
KARACHI: The exchange rate of Dogecoin (DOGE) in Pakistani Rupee (PKR) and US Dollar (USD) on October 19, 2022.
One Dogecoin to PKR is Rs13.08 on October 19, 2022 at 10:55 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate Rs13.05 at closing on October 18, 2022.
The rate of Dogecoin in US Dollar (USD) is $0.06 on October 19, 2022 at 10:55 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate $0.06 at closing on October 18, 2022.
READ MORE: Dogecoin to PKR, USD on October 18, 2022
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Ripple to PKR, USD on October 19, 2022
KARACHI: The exchange rate of Ripple (XRP) in Pakistani Rupee (PKR) and US Dollar (USD) on October 19, 2022.
One Ripple (XRP) in Pakistani Rupee (PKR) is Rs100.88 on October 19, 2022 at 10:55 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate Rs105.50 at closing on October 18, 2022.
The rate of Ripple in US Dollar (USD) is $0.46 on October 19, 2022 at 10:55 AM 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 October 18, 2022.
READ MORE: Ripple to PKR, USD on October 18, 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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Ripple to PKR, USD on October 19, 2022
KARACHI: The exchange rate of Ripple (XRP) in Pakistani Rupee (PKR) and US Dollar (USD) on October 19, 2022.
One Ripple (XRP) in Pakistani Rupee (PKR) is Rs100.88 on October 19, 2022 at 10:55 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate Rs105.50 at closing on October 18, 2022.
The rate of Ripple in US Dollar (USD) is $0.46 on October 19, 2022 at 10:55 AM 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 October 18, 2022.
READ MORE: Ripple to PKR, USD on October 18, 2022
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Bitcoin to PKR, USD on October 19, 2022
KARACHI: The exchange rate of Bitcoin (BTC) in Pakistani Rupee (PKR) and US Dollar (USD) on October 19, 2022.
One Bitcoin (BTC) in Pakistani Rupee (PKR) is Rs4,215,229.24 on October 19, 2022 at 10:55 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate Rs4,243,892.78 at closing on October 18, 2022.
The rate of Bitcoin in US Dollar (USD) is $19,274.84 on October 19, 2022 at 10:55 AM Pakistan Standard Time (PST) in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate $19,325.28 at closing on October 18, 2022.
READ MORE: Bitcoin to PKR, USD on October 18, 2022
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Dogecoin to PKR, USD on October 19, 2022
KARACHI: The exchange rate of Dogecoin (DOGE) in Pakistani Rupee (PKR) and US Dollar (USD) on October 19, 2022.
One Dogecoin to PKR is Rs13.08 on October 19, 2022 at 10:55 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate Rs13.05 at closing on October 18, 2022.
The rate of Dogecoin in US Dollar (USD) is $0.06 on October 19, 2022 at 10:55 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate $0.06 at closing on October 18, 2022.
READ MORE: Dogecoin to PKR, USD on October 18, 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 October 19, 2022
KARACHI: The exchange rate of Dogecoin (DOGE) in Pakistani Rupee (PKR) and US Dollar (USD) on October 19, 2022.
One Dogecoin to PKR is Rs13.08 on October 19, 2022 at 10:55 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate Rs13.05 at closing on October 18, 2022.
The rate of Dogecoin in US Dollar (USD) is $0.06 on October 19, 2022 at 10:55 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate $0.06 at closing on October 18, 2022.
READ MORE: Dogecoin to PKR, USD on October 18, 2022
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Ripple to PKR, USD on October 19, 2022
KARACHI: The exchange rate of Ripple (XRP) in Pakistani Rupee (PKR) and US Dollar (USD) on October 19, 2022.
One Ripple (XRP) in Pakistani Rupee (PKR) is Rs100.88 on October 19, 2022 at 10:55 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate Rs105.50 at closing on October 18, 2022.
The rate of Ripple in US Dollar (USD) is $0.46 on October 19, 2022 at 10:55 AM 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 October 18, 2022.
READ MORE: Ripple to PKR, USD on October 18, 2022
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Bitcoin to PKR, USD on October 19, 2022
KARACHI: The exchange rate of Bitcoin (BTC) in Pakistani Rupee (PKR) and US Dollar (USD) on October 19, 2022.
One Bitcoin (BTC) in Pakistani Rupee (PKR) is Rs4,215,229.24 on October 19, 2022 at 10:55 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate Rs4,243,892.78 at closing on October 18, 2022.
The rate of Bitcoin in US Dollar (USD) is $19,274.84 on October 19, 2022 at 10:55 AM Pakistan Standard Time (PST) in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate $19,325.28 at closing on October 18, 2022.
READ MORE: Bitcoin to PKR, USD on October 18, 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.