The State Bank of Pakistan (SBP) has released the foreign exchange rates for August 23, 2022, providing valuable insights into 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 August 23, 2022
KARACHI: The exchange rate of Bitcoin (BTC) in Pakistani Rupee (PKR) is Rs4,609,494.68 on August 23, 2022 at 06:00 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate Rs4,568,198.95 at closing on August 22, 2022.
The rate of Bitcoin in US Dollar (USD) is $21,381.87 on August 23, 2022 at 06:00 AM Pakistan Standard Time (PST) in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate $21,190.32 at closing on August 22, 2022.
Bitcoin to Pakistani Rupee on August 22, 2022
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Dogecoin to Pakistani Rupee on August 23, 2022
KARACHI: The exchange rate of Dogecoin (DOGE) in Pakistani Rupee (PKR) is Rs14.69 on August 23, 2022 at 06:00 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate Rs14.57 at closing on August 22, 2022.
The rate of Dogecoin in US Dollar (USD) is $0.07 on August 23, 2022 at 06:00 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate $0.07 at closing on August 22, 2022.
Dogecoin to Pakistani Rupee on August 22, 2022
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Ripple to Pakistani Rupee on August 23, 2022
KARACHI: The exchange rate of Ripple (XRP) in Pakistani Rupee (PKR) is Rs74.31 on August 23, 2022 at 06:00 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate Rs73.57 at closing on August 22, 2022.
The rate of Ripple in US Dollar (USD) is $0.34 on August 23, 2022 at 06:00 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate of $0.34 at closing on August 22, 2022.
Ripple to Pakistani Rupee on August 22, 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 August 23, 2022
KARACHI: The exchange rate of Ripple (XRP) in Pakistani Rupee (PKR) is Rs74.31 on August 23, 2022 at 06:00 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate Rs73.57 at closing on August 22, 2022.
The rate of Ripple in US Dollar (USD) is $0.34 on August 23, 2022 at 06:00 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate of $0.34 at closing on August 22, 2022.
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Bitcoin to Pakistani Rupee on August 23, 2022
KARACHI: The exchange rate of Bitcoin (BTC) in Pakistani Rupee (PKR) is Rs4,609,494.68 on August 23, 2022 at 06:00 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate Rs4,568,198.95 at closing on August 22, 2022.
The rate of Bitcoin in US Dollar (USD) is $21,381.87 on August 23, 2022 at 06:00 AM Pakistan Standard Time (PST) in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate $21,190.32 at closing on August 22, 2022.
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Dogecoin to Pakistani Rupee on August 23, 2022
KARACHI: The exchange rate of Dogecoin (DOGE) in Pakistani Rupee (PKR) is Rs14.69 on August 23, 2022 at 06:00 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate Rs14.57 at closing on August 22, 2022.
The rate of Dogecoin in US Dollar (USD) is $0.07 on August 23, 2022 at 06:00 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate $0.07 at closing on August 22, 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 August 23, 2022
KARACHI: The exchange rate of Dogecoin (DOGE) in Pakistani Rupee (PKR) is Rs14.69 on August 23, 2022 at 06:00 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate Rs14.57 at closing on August 22, 2022.
The rate of Dogecoin in US Dollar (USD) is $0.07 on August 23, 2022 at 06:00 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate $0.07 at closing on August 22, 2022.
Dogecoin to Pakistani Rupee on August 22, 2022
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Ripple to Pakistani Rupee on August 23, 2022
KARACHI: The exchange rate of Ripple (XRP) in Pakistani Rupee (PKR) is Rs74.31 on August 23, 2022 at 06:00 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate Rs73.57 at closing on August 22, 2022.
The rate of Ripple in US Dollar (USD) is $0.34 on August 23, 2022 at 06:00 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate of $0.34 at closing on August 22, 2022.
Ripple to Pakistani Rupee on August 22, 2022
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Bitcoin to Pakistani Rupee on August 23, 2022
KARACHI: The exchange rate of Bitcoin (BTC) in Pakistani Rupee (PKR) is Rs4,609,494.68 on August 23, 2022 at 06:00 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate Rs4,568,198.95 at closing on August 22, 2022.
The rate of Bitcoin in US Dollar (USD) is $21,381.87 on August 23, 2022 at 06:00 AM Pakistan Standard Time (PST) in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate $21,190.32 at closing on August 22, 2022.
Bitcoin to Pakistani Rupee on August 22, 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 – August 22, 2022
KARACHI: State Bank of Pakistan (SBP) on Monday issued the Karachi Interbank Offered Rates (KIBOR) as on August 22, 2022.
Following are the latest KIBOR rates:
Tenor BID OFFER 1 – Week 15.01 15.51 2 – Week 15.04 15.54 1 – Month 15.10 15.60 3 – Month 15.68 15.93 6 – Month 15.77 16.02 9 – Month 15.79 16.29 1 – Year 15.84 16.34 -
Pakistan equities fall by 444 points on political noise
KARACHI: Pakistan equities have declined by 444 points on Monday owing to rising political noise in the country.
The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) ended 42,826 points from last Friday’s closing of 43,270 points, showing a decline of 444 points.
READ MORE: Weekly Review: monetary policy decision likely to dictate market
Analysts at Topline Securities said that Pakistan equities had a bearish day on the back of increasing political noise as news flow regarding possible arrest of top leadership of PTI (an opposition to the ruling alliance) since last night.
In addition to this, Monetary Policy Statement is scheduled to announce in the evening today where the Central Bank of Pakistan is expected to maintain interest rate at 15 per cent as reflected in the Topline survey conducted earlier this month.
READ MORE: Weekly Review: stock market likely to move in positive zone
During the session, the benchmark index made an intraday high at 43,314 (+44 points; up 0.10 per cent) and an intraday low at 42,788 (-483 points; down 1.1 per cent) before eventually settled at 42,827 (-444points; down 1.03 per cent) for the day.
Banks, E&P and Tech sector stocks contributed negatively to the index where PSEL, HBL, OGDC, UBL & SYS lost 154 points, cumulatively.
READ MORE: Weekly Review: market likely to continue positive sentiments
On the flip side, POL, DAWH and IDNU have witnessed some buying interest as they added 32 points collectively, during the day.
Over 195 million shares traded today at the bourse while total value clocked in at Rs5.3 billion. PRL led the volumes chart today with trading of 17.5 million shares in it, today.
READ MORE: Pakistan stocks up 671 points on continuous rupee gain
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Dollar jumps to PKR 216.66 amid political crisis
KARACHI: The US dollar gained sharply against Pakistani Rupee (PKR) on Monday at ended at Rs216.66 in interbank foreign exchange market.
The exchange rate witnessed a decline of Rs2.01 in rupee to end at Rs216.66 to the dollar from last Friday’s closing of Rs214.65 in the interbank foreign exchange market.
READ MORE: Rupee gains 30 paisas to dollar at closing on August 19, 2022
Currency experts said that ongoing political crisis pressured the demand for the greenback during the day.
A day earlier, the government lodged an FIR against PTI chairman Imran Khan for threatening institutions. Further unconfirmed report suggested that the government attempted to arrest the former prime minister, which aggravated the security situation in the country.
The currency experts said that besides, falling foreign exchange reserves and higher demand for import payments also resulted in devaluation of rupee value.
READ MORE: Pakistani Rupee eases against dollar; Interbank ends at Rs214.88
The rupee recorded all-time low of Rs239.94 against the dollar on July 28, 2022.
Previously, the rupee made gain on reports of renewal of Saudi financial assistance helped to improve sentiments in the currency market. Further decline in international oil prices also helped the rupee to make gain.
Besides, the tight monitoring of the State Bank of Pakistan (SBP) had eased the pressure on exchange rate.
It is worth mentioning that the foreign exchange reserves of the country depleted massively.
Pakistan’s foreign exchange reserves have increased by $52 million by week ended August 12, 2022. The foreign exchange reserves of the country have recorded at $13.613 billion by week ended August 12, 2022 as compared with $13.561 billion a week ago i.e. August 05, 2022.
READ MORE: Dollar ends losing streak against Pakistani Rupee; closes at Rs214.88
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 $13.615 billion.
The official foreign exchange reserves of the State Bank witnessed an increase of $67 million to $7.897 billion by week ended August 12, 2022 as compared with $7.83 billion a week ago.
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 declined by $12.249 billion.
READ MORE: Dollar slides for 11th day against Pakistani rupee on August 16, 2022
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State Bank’s foreign exchange rates – August 22, 2022
The State Bank of Pakistan (SBP) has released the foreign exchange rates for August 22, 2022, providing valuable information on the buying and selling prices of various foreign currencies in Pakistani Rupees (PKR).
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Bitcoin to Pakistani Rupee on August 22, 2022
KARACHI: The exchange rate of Bitcoin (BTC) in Pakistani Rupee (PKR) is Rs4,570,752.68 on August 22, 2022 at 03:21 PM Pakistan Standard Time (PST), in the open exchange market.
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Ripple to Pakistani Rupee on August 22, 2022
KARACHI: The exchange rate of Ripple (XRP) in Pakistani Rupee (PKR) is Rs72.20 on August 22, 2022 at 03:21 PM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate Rs72.73 at closing on August 21, 2022.
The rate of Ripple in US Dollar (USD) is $0.33 on August 22, 2022 at 03:21 PM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate of $0.34 at closing on August 21, 2022.
READ MORE: Ripple to Pakistani Rupee on August 21, 2022
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Dogecoin to Pakistani Rupee on August 22, 2022
KARACHI: The exchange rate of Dogecoin (DOGE) in Pakistani Rupee (PKR) is Rs14.23 on August 22, 2022 at 03:21 PM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate Rs14.71 at closing on August 21, 2022.
The rate of Dogecoin in US Dollar (USD) is $0.07 on August 22, 2022 at 03:21 PM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate $0.07 at closing on August 21, 2022.
READ MORE: Dogecoin to Pakistani Rupee on August 21, 2022
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Bitcoin to Pakistani Rupee on August 22, 2022
KARACHI: The exchange rate of Bitcoin (BTC) in Pakistani Rupee (PKR) is Rs4,570,752.68 on August 22, 2022 at 03:21 PM Pakistan Standard Time (PST), in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate Rs4,580,864.97 at closing on August 21, 2022.
The rate of Bitcoin in US Dollar (USD) is $21,183.83 on August 22, 2022 at 03:21 PM Pakistan Standard Time (PST) in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate $21,208.55 at closing on August 21, 2022.
READ MORE: Bitcoin to Pakistani Rupee on August 21, 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.