Pkrevenue.com

Author: Faisal Shahnawaz

  • Ripple to Pak Rupee on January 22, 2022

    Ripple to Pak Rupee on January 22, 2022

    KARACHI: The exchange rate of Ripple (XRP) in Pak Rupee (PKR) is Rs113.68 on January 22, 2022, in the open exchange market. The rate of Ripple has been calculated and compared with the rate Rs122.78 on January 21, 2022.

    The rate of Ripple in US Dollar (USD) is $0.64 on January 22, 2022, in the open exchange market. The rate of Ripple has been calculated and compared with the rate of $0.69 on January 21, 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.

    Ripple to Pak Rupee on January 21, 2022
  • Dogecoin to Pak Rupee on January 22, 2022

    Dogecoin to Pak Rupee on January 22, 2022

    KARACHI: The exchange rate of Dogecoin (DOGE) in Pak Rupee (PKR) is Rs25.26 on January 22, 2022, in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate Rs27.15 on January 21, 2022.

    The rate of Dogecoin in US Dollar (USD) is $0.14 on January 22, 2022, in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate $0.15 on January 21, 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.

    Dogecoin to Pak Rupee on January 21, 2022
  • Stocks gain on unchanged policy rate expectations

    Stocks gain on unchanged policy rate expectations

    KARACHI: The Pakistan stocks witnessed a positive trend on Friday, with the benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) gaining 192 points. This increase was driven by investor optimism surrounding expectations that the key policy rate will remain unchanged in the upcoming monetary policy statement.

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  • Rupee recovers 25 paisas on easing oil prices

    Rupee recovers 25 paisas on easing oil prices

    KARACHI: The Pak Rupee (PKR) recovered 25 paisas against the dollar on Friday owing to ease in international oil prices.

    (more…)
  • SBP issues KIBOR rates on January 21, 2022

    SBP issues KIBOR rates on January 21, 2022

    KARACHI: State Bank of Pakistan (SBP) on Friday issued the Karachi Interbank Offered Rates (KIBOR) as of January 21, 2022.

    Following are the latest KIBOR rates:

     TenorBIDOFFER
    1 – Week9.7010.20
    2 – Week9.7810.28
    1 – Month9.8510.35
    3 – Month10.1510.40
    6 – Month11.1811.43
    9 – Month11.2211.72
    1 – Year11.2711.77
    SBP issues KIBOR rates on January 20, 2022
  • Customers’ exchange rates on January 21, 2022

    Customers’ exchange rates on January 21, 2022

    Karachi, Pakistan – The State Bank of Pakistan (SBP) has issued the official exchange rates for January 21, 2022, providing customers with essential information based on the weighted average rates of commercial banks.

    (more…)
  • Dogecoin to Pak Rupee on January 21, 2022

    Dogecoin to Pak Rupee on January 21, 2022

    KARACHI: The exchange rate of Dogecoin (DOGE) in Pak Rupee (PKR) is Rs27.15 on January 21, 2022, in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate Rs28.92 on January 20, 2022.

    The rate of Dogecoin in US Dollar (USD) is $0.15 on January 21, 2022, in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate $0.16 on January 20, 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.

    Dogecoin to Pak Rupee on January 20, 2022
  • Bearish trend continues at Pakistan Stocks

    Bearish trend continues at Pakistan Stocks

    KARACHI: Pakistan stocks have witnessed bearish trend on Thursday which was continued since alarming rise in coronavirus.

    The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) ended at 44,826 points as against previous day’s closing 44,833 points, showing a decrease of 7 points.

    READ MORE: Pakistan’s stocks plunge by 674 points on high oil prices

    Analysts at Arif Habib Limited said that bearish momentum was witnessed today due to alarming Covid-19 cases and higher international oil prices.

    Market opened on a bleak note and stayed in the red zone throughout the day. Main board activity remained gloomy. On the flip-side, activity continued to remain side-ways as market witnessed hefty volumes in the 3rd tier stocks.

    READ MORE: Stocks fall 105 points on high oil prices, COVID cases

    In the last trading hour, across the board buying was observed as short-sellers jumped in to square-off positions.

    Sectors contributing to the performance include Technology (-83.1 points), Fertilizer (-22.8 points), Inv. Banks (-17.8 points), Commercial Banks (-9.5 points) and Automobile Assembler (-6.5 points).

    READ MORE: KSE-100 observes dull trading on rising COVID cases

    Volumes increased from 236.9 million shares to 254.2 million shares (+7.3 per cent DoD). Traded value decreased by -10.7 per cent to reach US$ 43.8 million as against US$ 49.1 million.

    Stocks that contributed significantly to the volumes include WTL, CNERGY, GGL, TELE and KEL.

    READ MORE: Stocks ends flat in volatile trading

  • Rupee drops 27 paisas against dollar

    Rupee drops 27 paisas against dollar

    KARACHI: The Pak Rupee (PKR) dropped by 27 paisas against the dollar on Thursday on the foreign currency demand for import payments.

    The rupee ended at Rs176.49 to the dollar from previous day’s closing of Rs176.22 in the interbank foreign exchange market.

    READ MORE: Rupee falls four paisas on dollar demand

    Currency experts said that the market witnessed higher dollar demand due to rise in international oil prices. They said that the local currency plummeted for the third consecutive trading sessions due to gradual rise in international oil prices.

    The Brent crude recorded $89.17 at closing of Wednesday.

    READ MORE: Rupee declines by 26 paisas to dollar on import demand

    The experts said that the falling foreign exchange reserves of the country were another reason for the rupee depreciation.

    The foreign exchange reserves of the country fell by $118 million to $23.901 billion by the week ended January 07, 2022 as compared with $24.019 billion by the week ended December 31, 2021. The official reserves of the SBP declined by $88 million to $17.598 billion by the week ended January 07, 2022 as compared with $17.686 billion a week ago.

    READ MORE: Rupee recovers 15 paisas against dollar in interbank

    The experts said that the latest measures of the State Bank of Pakistan (SBP) had supported the rupee from free-fall. The SBP on January 05, 2022 made it mandatory for exporters to ensure export receipts within 120 days instead of 150 days.

    READ MORE: SBP shortens period to 120 days for bringing export earnings

  • Customers’ exchange rates on January 20, 2022

    Customers’ exchange rates on January 20, 2022

    Karachi, Pakistan – On Thursday, the State Bank of Pakistan (SBP) issued the official exchange rates for January 20, 2022, providing customers with essential information based on the weighted average rates of commercial banks.

    (more…)