KARACHI – The State Bank of Pakistan (SBP) has unveiled the foreign exchange rates for October 17, 2022, providing a comprehensive overview of the value of the Pakistani Rupee (PKR) against major international currencies.
(more…)Author: Faisal Shahnawaz
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Rupee sinks to PKR 219.11 to dollar in early interbank trading
KARACHI: The Pakistan Rupee (PKR) fell to PKR 219.11 against the dollar in early trading at interbank foreign exchange market on Monday.
The exchange rate witnessed a decline of 68 paisas in rupee value as the foreign currency is being traded at PKR 219.11 from last Friday’s closing of PKR 218.43 in the interbank foreign currency market.
READ MORE: PKR falls against dollar on depleting forex reserves
Currency experts said that the local currency was under immense pressure due to higher import payment demand and repayment against foreign debt.
The dollar rebounded on October 12, 2022 after making a losing streak for straight 13 sessions to the rupee.
READ MORE: Dollar ends up to PKR 218.38 in interbank on Oct 13, 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.
Currency experts said that the rising dollar demand was due to falling foreign exchange reserves and increasing import payments.
READ MORE: Dollar ends 13-day losing streak; ends at PKR 217.88
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.
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.
READ MORE: PKR maintains winning streak to dollar for 13th straight session
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Bitcoin to PKR, USD on October 17, 2022
KARACHI: The exchange rate of Bitcoin (BTC) in Pakistani Rupee (PKR) and US Dollar (USD) on October 17, 2022.
One Bitcoin (BTC) in Pakistani Rupee (PKR) is Rs4,207,726.88 on October 17, 2022 at 10:20 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate Rs4,225,748.04 at closing on October 16, 2022.
The rate of Bitcoin in US Dollar (USD) is $19,221.83 on October 17, 2022 at 10:20 AM Pakistan Standard Time (PST) in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate $19,310.61 at closing on October 16, 2022.
READ MORE: Bitcoin to PKR, USD on October 16, 2022
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Dogecoin to PKR, USD on October 17, 2022
KARACHI: The exchange rate of Dogecoin (DOGE) in Pakistani Rupee (PKR) and US Dollar (USD) on October 17, 2022.
One Dogecoin to PKR is Rs12.90 on October 17, 2022 at 10:20 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate Rs12.88 at closing on October 16, 2022.
The rate of Dogecoin in US Dollar (USD) is $0.06 on October 17, 2022 at 10:20 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 16, 2022.
READ MORE: Dogecoin to PKR, USD on October 16, 2022
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Ripple to PKR, USD on October 17, 2022
KARACHI: The exchange rate of Ripple (XRP) in Pakistani Rupee (PKR) and US Dollar (USD) on October 17, 2022.
One Ripple (XRP) in Pakistani Rupee (PKR) is Rs103.21 on October 17, 2022 at 10:20 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate Rs104.84 at closing on October 16, 2022.
The rate of Ripple in US Dollar (USD) is $0.47 on October 17, 2022 at 10:20 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate of $0.48 at closing on October 16, 2022.
READ MORE: Ripple to PKR, USD on October 16, 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 17, 2022
KARACHI: The exchange rate of Ripple (XRP) in Pakistani Rupee (PKR) and US Dollar (USD) on October 17, 2022.
One Ripple (XRP) in Pakistani Rupee (PKR) is Rs103.21 on October 17, 2022 at 10:20 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate Rs104.84 at closing on October 16, 2022.
The rate of Ripple in US Dollar (USD) is $0.47 on October 17, 2022 at 10:20 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate of $0.48 at closing on October 16, 2022.
READ MORE: Ripple to PKR, USD on October 16, 2022
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Bitcoin to PKR, USD on October 17, 2022
KARACHI: The exchange rate of Bitcoin (BTC) in Pakistani Rupee (PKR) and US Dollar (USD) on October 17, 2022.
One Bitcoin (BTC) in Pakistani Rupee (PKR) is Rs4,207,726.88 on October 17, 2022 at 10:20 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate Rs4,225,748.04 at closing on October 16, 2022.
The rate of Bitcoin in US Dollar (USD) is $19,221.83 on October 17, 2022 at 10:20 AM Pakistan Standard Time (PST) in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate $19,310.61 at closing on October 16, 2022.
READ MORE: Bitcoin to PKR, USD on October 16, 2022
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Dogecoin to PKR, USD on October 17, 2022
KARACHI: The exchange rate of Dogecoin (DOGE) in Pakistani Rupee (PKR) and US Dollar (USD) on October 17, 2022.
One Dogecoin to PKR is Rs12.90 on October 17, 2022 at 10:20 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate Rs12.88 at closing on October 16, 2022.
The rate of Dogecoin in US Dollar (USD) is $0.06 on October 17, 2022 at 10:20 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 16, 2022.
READ MORE: Dogecoin to PKR, USD on October 16, 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 17, 2022
KARACHI: The exchange rate of Dogecoin (DOGE) in Pakistani Rupee (PKR) and US Dollar (USD) on October 17, 2022.
One Dogecoin to PKR is Rs12.90 on October 17, 2022 at 10:20 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate Rs12.88 at closing on October 16, 2022.
The rate of Dogecoin in US Dollar (USD) is $0.06 on October 17, 2022 at 10:20 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 16, 2022.
READ MORE: Dogecoin to PKR, USD on October 16, 2022
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Ripple to PKR, USD on October 17, 2022
KARACHI: The exchange rate of Ripple (XRP) in Pakistani Rupee (PKR) and US Dollar (USD) on October 17, 2022.
One Ripple (XRP) in Pakistani Rupee (PKR) is Rs103.21 on October 17, 2022 at 10:20 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate Rs104.84 at closing on October 16, 2022.
The rate of Ripple in US Dollar (USD) is $0.47 on October 17, 2022 at 10:20 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate of $0.48 at closing on October 16, 2022.
READ MORE: Ripple to PKR, USD on October 16, 2022
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Bitcoin to PKR, USD on October 17, 2022
KARACHI: The exchange rate of Bitcoin (BTC) in Pakistani Rupee (PKR) and US Dollar (USD) on October 17, 2022.
One Bitcoin (BTC) in Pakistani Rupee (PKR) is Rs4,207,726.88 on October 17, 2022 at 10:20 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate Rs4,225,748.04 at closing on October 16, 2022.
The rate of Bitcoin in US Dollar (USD) is $19,221.83 on October 17, 2022 at 10:20 AM Pakistan Standard Time (PST) in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate $19,310.61 at closing on October 16, 2022.
READ MORE: Bitcoin to PKR, USD on October 16, 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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Bitcoin to PKR, USD on October 16, 2022
KARACHI: The exchange rate of Bitcoin (BTC) in Pakistani Rupee (PKR) and US Dollar (USD) on October 16, 2022.
One Bitcoin (BTC) in Pakistani Rupee (PKR) is Rs4,172,704.90 on October 16, 2022 at 08:29 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate Rs4,192,170.96 at closing on October 15, 2022.
The rate of Bitcoin in US Dollar (USD) is $19,118.92 on October 16, 2022 at 08:29 AM Pakistan Standard Time (PST) in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate $19,208.11 at closing on October 15, 2022.
READ MORE: Bitcoin to PKR, USD on October 15, 2022
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Ripple to PKR, USD on October 16, 2022
KARACHI: The exchange rate of Ripple (XRP) in Pakistani Rupee (PKR) and US Dollar (USD) on October 16, 2022.
One Ripple (XRP) in Pakistani Rupee (PKR) is Rs105.71 on October 16, 2022 at 08:29 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate Rs106.43 at closing on October 15, 2022.
The rate of Ripple in US Dollar (USD) is $0.48 on October 16, 2022 at 08:29 AM 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 October 15, 2022.
READ MORE: Ripple to PKR, USD on October 15, 2022
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Dogecoin to PKR, USD on October 16, 2022
KARACHI: The exchange rate of Dogecoin (DOGE) in Pakistani Rupee (PKR) and US Dollar (USD) on October 16, 2022.
One Dogecoin to PKR is Rs12.90 on October 16, 2022 at 08:29 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate Rs12.84 at closing on October 15, 2022.
The rate of Dogecoin in US Dollar (USD) is $0.06 on October 16, 2022 at 08:29 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 15, 2022.
READ MORE: Dogecoin to PKR, USD on October 15, 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 16, 2022
KARACHI: The exchange rate of Ripple (XRP) in Pakistani Rupee (PKR) and US Dollar (USD) on October 16, 2022.
One Ripple (XRP) in Pakistani Rupee (PKR) is Rs105.71 on October 16, 2022 at 08:29 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate Rs106.43 at closing on October 15, 2022.
The rate of Ripple in US Dollar (USD) is $0.48 on October 16, 2022 at 08:29 AM 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 October 15, 2022.
READ MORE: Ripple to PKR, USD on October 15, 2022
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Dogecoin to PKR, USD on October 16, 2022
KARACHI: The exchange rate of Dogecoin (DOGE) in Pakistani Rupee (PKR) and US Dollar (USD) on October 16, 2022.
One Dogecoin to PKR is Rs12.90 on October 16, 2022 at 08:29 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate Rs12.84 at closing on October 15, 2022.
The rate of Dogecoin in US Dollar (USD) is $0.06 on October 16, 2022 at 08:29 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 15, 2022.
READ MORE: Dogecoin to PKR, USD on October 15, 2022
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Bitcoin to PKR, USD on October 16, 2022
KARACHI: The exchange rate of Bitcoin (BTC) in Pakistani Rupee (PKR) and US Dollar (USD) on October 16, 2022.
One Bitcoin (BTC) in Pakistani Rupee (PKR) is Rs4,172,704.90 on October 16, 2022 at 08:29 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate Rs4,192,170.96 at closing on October 15, 2022.
The rate of Bitcoin in US Dollar (USD) is $19,118.92 on October 16, 2022 at 08:29 AM Pakistan Standard Time (PST) in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate $19,208.11 at closing on October 15, 2022.
READ MORE: Bitcoin to PKR, USD on October 15, 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 16, 2022
KARACHI: The exchange rate of Dogecoin (DOGE) in Pakistani Rupee (PKR) and US Dollar (USD) on October 16, 2022.
One Dogecoin to PKR is Rs12.90 on October 16, 2022 at 08:29 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate Rs12.84 at closing on October 15, 2022.
The rate of Dogecoin in US Dollar (USD) is $0.06 on October 16, 2022 at 08:29 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 15, 2022.
READ MORE: Dogecoin to PKR, USD on October 15, 2022
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Ripple to PKR, USD on October 16, 2022
KARACHI: The exchange rate of Ripple (XRP) in Pakistani Rupee (PKR) and US Dollar (USD) on October 16, 2022.
One Ripple (XRP) in Pakistani Rupee (PKR) is Rs105.71 on October 16, 2022 at 08:29 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate Rs106.43 at closing on October 15, 2022.
The rate of Ripple in US Dollar (USD) is $0.48 on October 16, 2022 at 08:29 AM 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 October 15, 2022.
READ MORE: Ripple to PKR, USD on October 15, 2022
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Bitcoin to PKR, USD on October 16, 2022
KARACHI: The exchange rate of Bitcoin (BTC) in Pakistani Rupee (PKR) and US Dollar (USD) on October 16, 2022.
One Bitcoin (BTC) in Pakistani Rupee (PKR) is Rs4,172,704.90 on October 16, 2022 at 08:29 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate Rs4,192,170.96 at closing on October 15, 2022.
The rate of Bitcoin in US Dollar (USD) is $19,118.92 on October 16, 2022 at 08:29 AM Pakistan Standard Time (PST) in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate $19,208.11 at closing on October 15, 2022.
READ MORE: Bitcoin to PKR, USD on October 15, 2022
—————————————————————————
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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Apple launch savings account card
CUPERTO, California: Apple launched the savings account card that will facilitate users through saving the daily cash and earning rewards in a high yield savings account from Goldman Sachs.
The Apple Card users will be able to open the new savings account and have their Daily Cash automatically deposited into it without any fees, no minimum deposits, and no minimum balance requirements. Soon, users can spend, send, and save Daily Cash directly from Wallet.
To expand Savings even further, users can also deposit additional funds into their Savings account through a linked bank account, or from their Apple Cash balance.
Apple’s vice president of Apple Pay and Apple Wallet, Jennifer Bailey said, “Savings enables Apple Card users to grow their Daily Cash rewards over time, while also saving for the future.”
She also added, “Savings delivers even more value to users’ favorite Apple Card benefit — Daily Cash — while offering another easy-to-use tool designed to help users lead healthier financial lives.”
READ MORE: Ask Apple launched to facilitate developers
Apple Card users will be able to easily set up and manage Savings directly in their Apple Card in Wallet.
Once users set up their Savings account, all future Daily Cash received will be automatically deposited into it, or they can choose to continue to have it added to an Apple Cash card in Wallet. Users can change their Daily Cash destination at any time.
Users can also withdraw funds at any time by transferring them to a linked bank account or to their Apple Cash card, with no fees.
Once set up, Apple Card users can watch their rewards grow in Wallet through an easy-to-use Savings dashboard, which shows their account balance and interest accrued over time.
Apple Card users get 3 percent Daily Cash on Apple Card purchases made using Apple Pay with Apple and select merchants, including Uber and Uber Eats, Walgreens, Nike, Panera Bread, T-Mobile, ExxonMobil, and Ace Hardware, as well as 2 percent Daily Cash when they use Apple Pay at other merchants, and 1 percent on all other purchases. There is no limit to the amount of Daily Cash users can receive.
READ MORE: How to order Apple products and save $1000 with trade-in
The new Savings account from Goldman Sachs expands upon the financial health benefits and valuable Daily Cash that Apple Card already offers.
Built into Wallet on iPhone, Apple Card has transformed the credit card experience by simplifying the application process, eliminating all fees, encouraging users to pay less interest, offering the privacy and security users expect from Apple, and offering Daily Cash on every purchase.
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Nissan says goodbye to Russian markets
YOKOHAMA, Japan: Nissan Motor Co. Ltd says goodbye to the Russian markets after the discontinuation of productions and sales.
Nissan’s Executive Committee has announced the sale of its Russian operations to NAMI, which is the Central Research and Development Automobile and Engine Institute.
The press release issued by the company stated that, the sale will transfer all Nissan operations in Russia under the Nissan Manufacturing Russia LLC (NMGR) legal entity to NAMI for future passenger vehicle projects.
This covers Nissan’s manufacturing and R&D facilities in St. Petersburg, and Sales & Marketing centre in Moscow, which will operate under a new name.
READ MORE: Toyota stops car production in Russia
The announcement follows the suspension from March of operations in the market. Under the new ownership of the NMGR entity, all of Nissan’s employees in the market will receive employment protection of 12 months.
The sale is expected to be formalised in the coming weeks following approvals from the relevant authorities. The terms of the sale would allow Nissan the option to buy back the entity and its operations within the next six years.
Nissan will take a one-off impact of approximately 100 billion yen from this exit. However, Nissan will maintain its full-year guidance. Details will be reported after further assessment as part of the regular disclosure during the second quarter results in November 2022.
Nissan President and CEO Makoto Uchida said, “On behalf of Nissan, I thank our Russian colleagues for their contribution to the business over many years. While we cannot continue operating in the market, we have found the best possible solution to support our people.”
Since Nissan assumed zero activity in the market in this fiscal year, Nissan remains on track to achieve its business objectives under the Nissan NEXT transformation plan, as the company progress towards its Ambition 2030 goals.