KARACHI: The All Pakistan Textile Mills Association (APTMA) has called on the government to sustain regionally competitive energy tariffs (RCETs) to ensure the continued growth of the textile sector, which remains vital to Pakistan’s economy.
(more…)Author: Faisal Shahnawaz
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SBP’s customer forex rates – May 31, 2022
KARACHI: The State Bank of Pakistan (SBP) has published the foreign exchange rates for customers on May 31, 2022.
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Bitcoin to Pak Rupee on May 31, 2022
KARACHI: The exchange rate of Bitcoin (BTC) in Pak Rupee (PKR) is Rs6,327,343.23 on May 31, 2022 at 10:10 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate Rs6,088,612.31 at closing on May 30, 2022.
The rate of Bitcoin in US Dollar (USD) is $31,748.83 on May 31, 2022 at 10:10 AM Pakistan Standard Time (PST) in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate $30,646.21 at closing on May 30, 2022.
Disclaimer: All data and information is 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 Pak Rupee on May 31, 2022
KARACHI: The exchange rate of Ripple (XRP) in Pak Rupee (PKR) is Rs83.47 on May 31, 2022 at 10:04 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate Rs79.67 at closing on May 30, 2022.
The rate of Ripple in US Dollar (USD) is $0.42 on May 31, 2022 at 10:04 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate of $0.40 at closing on May 30, 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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Dogecoin to Pak Rupee on May 31, 2022
KARACHI: The exchange rate of Dogecoin (DOGE) in Pak Rupee (PKR) is Rs17.53 on May 31, 2022 at 09:58 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate Rs16.98 at closing on May 30, 2022.
The rate of Dogecoin in US Dollar (USD) is $0.09 on May 31, 2022 at 09:58 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate $0.09 at closing on May 30, 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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SBP issues KIBOR rates – May 30, 2022
KARACHI: State Bank of Pakistan (SBP) on Monday issued the Karachi Interbank Offered Rates (KIBOR) as on May 30, 2022.
Following are the latest KIBOR rates:
Tenor BID OFFER 1 – Week 13.67 14.17 2 – Week 13.72 14.22 1 – Month 13.79 14.29 3 – Month 14.24 14.49 6 – Month 14.46 14.71 9 – Month 14.50 15.00 1 – Year 14.51 15.01 -
Pakistan stocks gains 179 points on rupee appreciation
KARACHI: Pakistan stocks gained 179 points on Monday owing to appreciation in rupee value against the dollar.
The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) ended at 43,040 points from last Friday’s closing of 42,861 points, showing an increase of 179 points.
READ MORE: Weekly Review: Market likely jittery on political uncertainty
Analysts at Arif Habib Limited said that the market opened in the positive zone and remained green throughout the day in expectations of resumption of loan program under Extended Fund Facility (EFF) of International Monetary Fund (IMF) in June 2022 which also help the rupee getting stronger against US Dollar.
READ MORE: Bulls dominate Pakistan stocks on POL price increase
Main board activity remained healthy in E&P and OGDC remained in limelight as expectation of nod from ECC to convert OGDC receivable from PHLP into Pakistan Investment Bonds. Although good volumes were witnessed in 3rd tier stocks.
Sectors contributing to the performance include E&P’s (+79.4 points), OMCs (+24.8 points), Technology (+23.2 points), Autos (+20.1 points) and Banks (+13.5 points).
READ MORE: Stocks end up 529 points as political tensions ease
Volumes decreased from 527.7 million shares to 187.5 million shares (-64.5 per cent DOD). Average traded value also decreased by 56.2 per cent to reach US$ 30.7 million as against US$ 70.2 million.
Stocks that contributed significantly to the volumes are TPLP, PRL, CNERGY, and GGL and OGDC.
READ MORE: Stocks witness bearish trend on rising political noise
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Customs to auction NDP vehicles on June 8, 2022
KARACHI: The Collectorate of Customs, Hyderabad has announced an auction of a huge lot of confiscated non duty paid (NDP) motor vehicles, which will be held on June 08, 2022.
The collectorate will auction the following non duty paid motor vehicles:
READ MORE: Lahore Customs to auction vehicles on May 26, 2022
01. Toyota Hiace Van bearing registration number JF-6435, chassis No. RZH183-0002755, HP-2440, Model 2003.
02. Toyota Mark – X car, registration No. AAP-240, Chassis No. GRX121-1002004, HP-3000CC, Model 2004.
03. Toyota Axio Car, Registration No. AAJ-661, Chassis No. ZRE142-6007091, HP-1800CC, Model-2007.
04. Toyota Vitz Car, Registration No. ARF-723, Chassis No. JTGKW123203005557, HP-1300CC, Model 2004.
READ MORE: Gwadar Collectorate auctions motor cars on May 23
05. Toyota Corolla XLI Car, Chassis No. NZE120-6023637, 1300CC manual transmission Model 2005 (but physical alter engine automatic 1800CC) with fake registration No. AVP-916 (accidental).
06. Passo Car, Registration No. AVW-243, Chassis No. KGC10-0040164, HP-1000CC, Model 2004.
07. Passo Car, Registration No. AWX-953, Chassis No. KGC10-0092870, HP-1000CC, Model 2005.
08. Swift Car, without registration number, Chassis No. ZC11S-186500, HP 1300CC, Model 2007.
READ MORE: Multan customs auctions smuggled diesel oil on May 18, 2022
09. Passo Car, Registration No. AXE-010, Chassis No. KGC15-0002296, HP 1000CC, Model 2004.
10. Passo Car, Registration No. AFY-971, Chassis No. KGC10-0287554, HP 1000CC, Model 2009.
11. Passo Car, Registration No. AYK-651, Chassis No. QNC10-0002982, HP-1300CC, Model 2004 (as per inventory).
12. Alto Car, Registration No. BQR-915, Chassis No. HA36V-119134, HP-650CC, Model 2016.
13. Aqua Car Registration No. BEF-672, Chassis No. NHP10-6082313, HP 1499CC, Model 2012.
READ MORE: Peshawar Customs auctions motor cars on May 16, 2022
14. Alto Car, Registration No. BNQ-199, Chassis No. HA36V-113529, HP 660CC, Model 2015.
15. Swift Car, Registration No. AZK-119, Chassis No. ZC11S-183094, HP 1300CC, Model 2006.
16. Swift Car, Registration No. AAJ-026, Chassis No. ZC71S-403925, HP 1300CC, Model 2007.
17. 12 Wheeler Hino Dumber Truck with concealed tank, Registration No. TAC-496, Chassis No. JMEFY2PUKM-001111, HP395CC, Model 2000.
18. Suzuki Alto Car, Registration No. BSN-883, Chassis No. HA36S-246178, HP-660CC, Model 2015.
19. Passo Car, Registration No. AZA-018, Chassis No. QNC10-0015859, HP-1000CC, Model 2004.
20. Toyota Royal Crown Saloon Car, Registration No. BKT-817, Chassis No. GRS182-0009938, HP 2994CC, Model 2004.
READ MORE: Pakistan considers fixing locally assembled car prices
21. Suzuki Alto Car, Registration No. BNJ-621, Chassis No. HA36S-287848, HP-658CC, Model 2016.
22. Toyota Surf Jeep, Registration No. BG-1374, Chassis No. RZN185-9034469. HP 2700, Model 2000.
23. Suzuki Swift Car, Registration No. AWT-911, Chassis No. ZC71S-475538, HP 1300CC, Model 2011.
24. Toyota Mark-X Car, Registration No. AML-035, Chassis No. GRX121-1008255, HP 3000CC, Model 2006.
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SBP’s customer forex rates – May 30, 2022
KARACHI: The State Bank of Pakistan (SBP) released the foreign exchange rates for customers on May 30, 2022.
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Bitcoin to Pak Rupee on May 30, 2022
KARACHI: The exchange rate of Bitcoin (BTC) in Pak Rupee (PKR) is Rs6,088,612.31 on May 30, 2022 at 01:31 PM Pakistan Standard Time (PST), in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate Rs5,793,087.59 at closing on May 29, 2022.
The rate of Bitcoin in US Dollar (USD) is $30,646.21 on May 30, 2022 at 01:31 PM Pakistan Standard Time (PST) in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate $28,950.96 at closing on May 29, 2022.
Disclaimer: All data and information is 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.