The State Bank of Pakistan (SBP) has unveiled the foreign exchange rates for September 06, 2022, offering a comprehensive overview of the buying and selling prices of various foreign currencies in Pakistani Rupees (PKR).
(more…)Author: Faisal Shahnawaz
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Bitcoin to Pakistani Rupee on September 06, 2022
KARACHI: The exchange rate of Bitcoin (BTC) in Pakistani Rupee (PKR) is Rs4,415,020.47 on September 06, 2022 at 7:00 PM Pakistan Standard Time (PST), in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate Rs4,344,078.84 at closing on September 05, 2022.
The rate of Bitcoin in US Dollar (USD) is $20,107.75 on September 06, 2022 at 7:00 PM Pakistan Standard Time (PST) in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate $19,784.65 at closing on September 05, 2022.
Bitcoin to Pakistani Rupee on September 05, 2022
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Dogecoin to Pakistani Rupee on September 06, 2022
KARACHI: The exchange rate of Dogecoin (DOGE) in Pakistani Rupee (PKR) is Rs14.11 on September 06, 2022 at 7:00 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate Rs13.69 at closing on September 05, 2022.
The rate of Dogecoin in US Dollar (USD) is $0.06 on September 06, 2022 at 7:00 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 September 05, 2022.
Dogecoin to Pakistani Rupee on September 05, 2022
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Ripple to Pakistani Rupee on September 06, 2022
KARACHI: The exchange rate of Ripple (XRP) in Pakistani Rupee (PKR) is Rs74.62 on September 06, 2022 at 7:00 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate Rs72.86 at closing on September 05, 2022.
The rate of Ripple in US Dollar (USD) is $0.34 on September 06, 2022 at 7:00 PM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate of $0.33 at closing on September 05, 2022.
Ripple to Pakistani Rupee on September 05, 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 Pakistani Rupee on September 06, 2022
KARACHI: The exchange rate of Ripple (XRP) in Pakistani Rupee (PKR) is Rs74.62 on September 06, 2022 at 7:00 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate Rs72.86 at closing on September 05, 2022.
The rate of Ripple in US Dollar (USD) is $0.34 on September 06, 2022 at 7:00 PM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate of $0.33 at closing on September 05, 2022.
Ripple to Pakistani Rupee on September 05, 2022
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Bitcoin to Pakistani Rupee on September 06, 2022
KARACHI: The exchange rate of Bitcoin (BTC) in Pakistani Rupee (PKR) is Rs4,415,020.47 on September 06, 2022 at 7:00 PM Pakistan Standard Time (PST), in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate Rs4,344,078.84 at closing on September 05, 2022.
The rate of Bitcoin in US Dollar (USD) is $20,107.75 on September 06, 2022 at 7:00 PM Pakistan Standard Time (PST) in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate $19,784.65 at closing on September 05, 2022.
Bitcoin to Pakistani Rupee on September 05, 2022
—————————————————————————
Dogecoin to Pakistani Rupee on September 06, 2022
KARACHI: The exchange rate of Dogecoin (DOGE) in Pakistani Rupee (PKR) is Rs14.11 on September 06, 2022 at 7:00 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate Rs13.69 at closing on September 05, 2022.
The rate of Dogecoin in US Dollar (USD) is $0.06 on September 06, 2022 at 7:00 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 September 05, 2022.
Dogecoin to Pakistani Rupee on September 05, 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 Pakistani Rupee on September 06, 2022
KARACHI: The exchange rate of Dogecoin (DOGE) in Pakistani Rupee (PKR) is Rs14.11 on September 06, 2022 at 7:00 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate Rs13.69 at closing on September 05, 2022.
The rate of Dogecoin in US Dollar (USD) is $0.06 on September 06, 2022 at 7:00 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 September 05, 2022.
Dogecoin to Pakistani Rupee on September 05, 2022
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Ripple to Pakistani Rupee on September 06, 2022
KARACHI: The exchange rate of Ripple (XRP) in Pakistani Rupee (PKR) is Rs74.62 on September 06, 2022 at 7:00 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate Rs72.86 at closing on September 05, 2022.
The rate of Ripple in US Dollar (USD) is $0.34 on September 06, 2022 at 7:00 PM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate of $0.33 at closing on September 05, 2022.
Ripple to Pakistani Rupee on September 05, 2022
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Bitcoin to Pakistani Rupee on September 06, 2022
KARACHI: The exchange rate of Bitcoin (BTC) in Pakistani Rupee (PKR) is Rs4,415,020.47 on September 06, 2022 at 7:00 PM Pakistan Standard Time (PST), in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate Rs4,344,078.84 at closing on September 05, 2022.
The rate of Bitcoin in US Dollar (USD) is $20,107.75 on September 06, 2022 at 7:00 PM Pakistan Standard Time (PST) in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate $19,784.65 at closing on September 05, 2022.
Bitcoin to Pakistani Rupee on September 05, 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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SBP issues KIBOR rates – September 05, 2022
KARACHI: State Bank of Pakistan (SBP) on Monday issued the Karachi Interbank Offered Rates (KIBOR) as on September 05, 2022.
Following are the latest KIBOR rates:
Tenor BID OFFER 1 – Week 14.84 15.34 2 – Week 14.91 15.41 1 – Month 15.07 15.57 3 – Month 15.66 15.91 6 – Month 15.75 16.00 9 – Month 15.80 16.30 1 – Year 15.84 16.34 -
Pakistan stocks plunge by 450 points on GDP forecast
KARACHI: Pakistan stocks plunged by 450 points on Monday over downward revision in GDP growth and concerns over high inflation.
The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) ended 41,859 points from last Friday’s closing of 42,309 points, showing a decline of 450 points.
READ MORE: Weekly Review: investors to remain cautious over socio-economic situation
Analysts at Arif Habib Limited said that the market witnessed bloodbath session today due to concerns over inflation and growth rate due to prevailing flood crisis.
The Planning Commission has forecast the GDP would be around 2.3 per cent in the current fiscal year as compared with the actual target of 3.5 per cent.
READ MORE: Pakistan stocks shed 151 points in range bound trading
The market opened in the positive zone but profit taking was witnessed throughout the day. The volumes remained dull across the main board on the contrary, hefty volumes were observed in the 3rd tier stocks.
Sectors contributing to the performance include Banks (-68.1 points), Technology (-67.1 points), Cement (-56.3 points), Fertilizer (-48.0 points) and Power (-38.2 points).
READ MORE: Pakistan stocks end in green as SBP gets IMF tranche
Volumes decreased from 160.1 million shares to 156.8 million shares (-2.1 per cent DoD). Average traded value also decreased by 5.7 per cent to reach US$ 19.9 million as against US$ 21.1 million.
Stocks that contributed significantly to the volumes are WTL, PRL, HASCOL, CNERGY and KEL.
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Dollar ends up to PKR 219.86 on September 05, 2022
KARACHI: The US dollar ended up against Pakistani Rupee (PKR) to Rs219.86 at closing of interbank foreign exchange market on Monday.
The exchange rate witnessed 88 paisas decline in rupee value against the dollar to end at Rs219.86 from last Friday’s closing of Rs218.98 in interbank foreign exchange market.
READ MORE: Dollar jumps to PKR 218.98 at interbank closing on Sept 02, 2022
Currency experts said that the flood devastations compelled the authorities to revise downward the GDP growth target. Besides catastrophe would also force the country to import many items related to relief work besides import of commodities that were destroyed due to the floods.
Currency experts said that the mounting dollar demand for import payment pressured the exchange rate during the day.
It is worth mentioning that the rupee made recovery during the last week owing to inflows of $1.16 billion from International Monetary Fund (IMF).
READ MORE: Dollar closes down to PKR 218.60 on September 01, 2022
The IMF executive board on August 29 approved seventh and eighth review for Pakistan and allowed transfer of $1.1 billion as tranche, which was received by the State Bank of Pakistan (SBP) on August 31, 2022.
The currency experts said that although the IMF inflows would help the further inflows under bilateral and multilateral sources. However, the devastation of floods has changed the economic environment scenario.
The torrential rains and flash floods have inflicted a loss of $10 billion to Pakistan economy.
The devastation will prompt the country to make imports in coming days, especially for agriculture produces.
READ MORE: Dollar slips to PKR 218.75 at interbank closing on August 31, 2022
The rupee also fell due to continuous depletion in foreign exchange reserves of the country.
The foreign exchange (FX) reserves of Pakistan have declined by $119 million to $13.40 billion by week ended August 26, 2022. The foreign exchange reserves of the country were at $13.522 billion by week ended August 19, 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 $13.825 billion.
The official foreign exchange reserves of the State Bank witnessed a decline of $113 million to $7.697 billion by week ended August 26, 2022 as against $7.810 billion a week ago.
READ MORE: Dollar falls to PKR 220.12 at interbank closing on August 30, 2022
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 $12.449 billion.
The central bank however said it had received proceeds of $1.16 billion (equivalent of SDR 894 million) from IMF under the Extended Fund Facility (EFF) on August 31, 2022 which would be included in SBP’s foreign exchange reserve position for the week ending on September 02, 2022.
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State Bank’s foreign exchange rates – September 05, 2022
The State Bank of Pakistan (SBP) has released the foreign exchange rates for September 05, 2022, presenting crucial information on the buying and selling prices of various foreign currencies in Pakistani Rupees (PKR).
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Bitcoin to Pakistani Rupee on September 05, 2022
KARACHI: The exchange rate of Bitcoin (BTC) in Pakistani Rupee (PKR) is Rs4,352,222.44 on September 05, 2022 at 12:10 PM Pakistan Standard Time (PST), in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate Rs4,341,620.80 at closing on September 04, 2022.
The rate of Bitcoin in US Dollar (USD) is $19,734.08 on September 05, 2022 at 12:10 PM Pakistan Standard Time (PST) in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate $19,842.75 at closing on September 04, 2022.
Bitcoin to Pakistani Rupee on September 04, 2022
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Dogecoin to Pakistani Rupee on September 05, 2022
KARACHI: The exchange rate of Dogecoin (DOGE) in Pakistani Rupee (PKR) is Rs13.73 on September 05, 2022 at 12:10 PM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate Rs13.80 at closing on September 04, 2022.
The rate of Dogecoin in US Dollar (USD) is $0.06 on September 05, 2022 at 12:10 PM 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 September 04, 2022.
Dogecoin to Pakistani Rupee on September 04, 2022
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Ripple to Pakistani Rupee on September 05, 2022
KARACHI: The exchange rate of Ripple (XRP) in Pakistani Rupee (PKR) is Rs72.14 on September 05, 2022 at 12:10 PM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate Rs72.37 at closing on September 04, 2022.
The rate of Ripple in US Dollar (USD) is $0.33 on September 05, 2022 at 12:10 PM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate of $0.33 at closing on September 04, 2022.
Ripple to Pakistani Rupee on September 04, 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 Pakistani Rupee on September 05, 2022
KARACHI: The exchange rate of Ripple (XRP) in Pakistani Rupee (PKR) is Rs72.14 on September 05, 2022 at 12:10 PM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate Rs72.37 at closing on September 04, 2022.
The rate of Ripple in US Dollar (USD) is $0.33 on September 05, 2022 at 12:10 PM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate of $0.33 at closing on September 04, 2022.
Ripple to Pakistani Rupee on September 04, 2022
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Bitcoin to Pakistani Rupee on September 05, 2022
KARACHI: The exchange rate of Bitcoin (BTC) in Pakistani Rupee (PKR) is Rs4,352,222.44 on September 05, 2022 at 12:10 PM Pakistan Standard Time (PST), in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate Rs4,341,620.80 at closing on September 04, 2022.
The rate of Bitcoin in US Dollar (USD) is $19,734.08 on September 05, 2022 at 12:10 PM Pakistan Standard Time (PST) in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate $19,842.75 at closing on September 04, 2022.
Bitcoin to Pakistani Rupee on September 04, 2022
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Dogecoin to Pakistani Rupee on September 05, 2022
KARACHI: The exchange rate of Dogecoin (DOGE) in Pakistani Rupee (PKR) is Rs13.73 on September 05, 2022 at 12:10 PM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate Rs13.80 at closing on September 04, 2022.
The rate of Dogecoin in US Dollar (USD) is $0.06 on September 05, 2022 at 12:10 PM 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 September 04, 2022.
Dogecoin to Pakistani Rupee on September 04, 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.