Pkrevenue.com

Author: Faisal Shahnawaz

  • Bitcoin to Pak Rupee on May 21, 2022

    Bitcoin to Pak Rupee on May 21, 2022

    KARACHI: The exchange rate of Bitcoin (BTC) in Pak Rupee (PKR) is Rs5,862,125.84 on May 21, 2022 at 9:47 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate Rs6,043,643.03 at closing on May 20, 2022.

    The rate of Bitcoin in US Dollar (USD) is $29,244.83 on May 21, 2022 at 9:47 AM Pakistan Standard Time (PST) in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate $30,102.50 at closing on May 20, 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.

    Bitcoin to Pak Rupee on May 20, 2022
  • Ripple to Pak Rupee on May 21, 2022

    Ripple to Pak Rupee on May 21, 2022

    KARACHI: The exchange rate of Ripple (XRP) in Pak Rupee (PKR) is Rs82.29 on May 21, 2022 at 9:43 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate Rs87.04 at closing on May 20, 2022.

    The rate of Ripple in US Dollar (USD) is $0.41 on May 21, 2022 at 9:43 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate of $0.43 at closing on May 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.

    Ripple to Pak Rupee on May 20, 2022
  • Dogecoin to Pak Rupee on May 21, 2022

    Dogecoin to Pak Rupee on May 21, 2022

    KARACHI: The exchange rate of Dogecoin (DOGE) in Pak Rupee (PKR) is Rs16.79 on May 21, 2022 at 9:38 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate Rs17.41 at closing on May 20, 2022.

    The rate of Dogecoin in US Dollar (USD) is $0.08 on May 21, 2022 at 9:38 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 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 May 20, 2022
  • SBP issues KIBOR rates – May 20, 2022

    SBP issues KIBOR rates – May 20, 2022

    KARACHI: State Bank of Pakistan (SBP) on Friday issued the Karachi Interbank Offered Rates (KIBOR) as on May 20, 2022.

    Following are the latest KIBOR rates:

     TenorBIDOFFER
    1 – Week12.3012.80
    2 – Week12.5313.03
    1 – Month13.0113.51
    3 – Month14.4114.66
    6 – Month14.6214..87
    9 – Month14.6115.11
    1 – Year14.6115.11
    SBP issues KIBOR rates – May 19, 2022
  • Dollar touches new peak at Rs200.14

    Dollar touches new peak at Rs200.14

    KARACHI: The US dollar gained 14 paisas against the Pakistan Rupee (PKR) to make new peak at Rs200.14 at interbank foreign exchange market on Friday.

    The exchange rate was closed at Rs200 to the dollar a day earlier in interbank foreign exchange market.

    READ MORE: Dollar hits record Rs200 at interbank trading

    Currency experts said that massive fall in foreign exchange reserves and high import payments were the major reasons behind rupee fall.

    Further, delay in IMF tranche of $1 billion after the government decision not to remove subsidy on fuel prices, put further pressure on the exchange rate.

    READ MORE: Dollar makes new high Rs198.39 at interbank closing

    Pakistan’s foreign exchange reserves fell by $177 million to $16.376 billion by the week ended May 6, 2022. The foreign exchange reserves of the country were $16.553 billion by week ended April 30, 2022.

    The country’s foreign exchange reserves hit record high at $27.228 billion by the week ended August 27, 2021. Since then the foreign exchange reserves have depleted by $10.852 billion.

    READ MORE: Dollar peaks at Rs195.50 at midday interbank trading

    The official reserves of the State Bank witnessed a decline of $190 million to $10.309 billion by the week ended May 6, 2022 as compared with $10.499 billion a week ago.

    The SBP reserves reached a record high at $20.145 billion by August 27, 2021. The official reserves also fell by $9.836 billion after reaching record high. The official reserves of the SBP have been reduced to provide import payment cover for only 1.56 months.

    READ MORE: Dollar makes new high Rs195.75 at interbank closing

    The import bill of the country surged by 46.41 per cent to $65.49 billion during the first 10 months of the current fiscal year as compared with $44.73 billion in the corresponding months of the last fiscal year.

    Pakistan is a net importer of petroleum products to meet its domestic demand. The country’s oil bill was $14.81 billion during the first nine months (July – March) 2021/2022 as compared with $7.55 billion in the corresponding period of the last fiscal year, showing a massive growth of 96 per cent. The oil bill is around 25 per cent of the total import bill of the country.

  • SBP’s customer exchange rates – May 20, 2022

    SBP’s customer exchange rates – May 20, 2022

    KARACHI, May 20, 2022 – The State Bank of Pakistan (SBP) has issued the official exchange rates for customers on Friday, May 20, 2022. These rates are based on the weighted average rates provided by commercial banks and are meant for informational purposes only, according to an official statement by the SBP.

    The data released by the SBP reflects the exchange rates quoted by various commercial banks to their clients. These rates are indicative and are primarily used for commercial transactions between the banks and their customers. It’s important to note that these rates are estimates and may vary slightly depending on the bank and specific transaction details.

    Here are the buying and selling rates for major foreign currencies in Pakistan Rupees (PKR) as of May 20, 2022:

    • AED (United Arab Emirates Dirham):

    • Buying: PKR 54.5670

    • Selling: PKR 54.6781

    • AUD (Australian Dollar):

    • Buying: PKR 140.9844

    • Selling: PKR 141.2662

    • CAD (Canadian Dollar):

    • Buying: PKR 156.4368

    • Selling: PKR 156.7461

    • CHF (Swiss Franc):

    • Buying: PKR 206.3113

    • Selling: PKR 206.7338

    • CNY (Chinese Yuan):

    • Buying: PKR 29.9190

    • Selling: PKR 29.9825

    • EUR (Euro):

    • Buying: PKR 211.9919

    • Selling: PKR 212.4373

    • GBP (British Pound):

    • Buying: PKR 249.8244

    • Selling: PKR 250.3392

    • JPY (Japanese Yen):

    • Buying: PKR 1.5675

    • Selling: PKR 1.5706

    • SAR (Saudi Riyal):

    • Buying: PKR 53.4045

    • Selling: PKR 53.5099

    • USD (United States Dollar):

    • Buying: PKR 200.2885

    • Selling: PKR 200.7113

    The exchange rates provided by the SBP serve as a benchmark for commercial transactions involving foreign currencies in Pakistan. Individuals and businesses engaging in international trade and finance often refer to these rates for their transactions.

    It’s worth emphasizing that exchange rates are subject to market fluctuations and may change throughout the day. Customers are advised to check with their respective banks for the most up-to-date rates before conducting any foreign currency transactions.

    The SBP continues to play a crucial role in maintaining stability and transparency in the foreign exchange market, ensuring a fair and efficient system for businesses and individuals engaged in cross-border transactions.

  • Bitcoin to Pak Rupee on May 20, 2022

    Bitcoin to Pak Rupee on May 20, 2022

    KARACHI: The exchange rate of Bitcoin (BTC) in Pak Rupee (PKR) is Rs6,043,643.03 on May 20, 2022 at 10:45 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate Rs5,788,754.87 at closing on May 19, 2022.

    The rate of Bitcoin in US Dollar (USD) is $30,102.50 on May 20, 2022 at 10:45 AM Pakistan Standard Time (PST) in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate $29,195.31 at closing on May 19, 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.

    Bitcoin to Pak Rupee on May 19, 2022
  • Ripple to Pak Rupee on May 20, 2022

    Ripple to Pak Rupee on May 20, 2022

    KARACHI: The exchange rate of Ripple (XRP) in Pak Rupee (PKR) is Rs87.04 on May 20, 2022 at 10:42 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate Rs81.27 at closing on May 19, 2022.

    The rate of Ripple in US Dollar (USD) is $0.43 on May 20, 2022 at 10:42 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate of $0.41 at closing on May 19, 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 May 19, 2022
  • Dogecoin to Pak Rupee on May 20, 2022

    Dogecoin to Pak Rupee on May 20, 2022

    KARACHI: The exchange rate of Dogecoin (DOGE) in Pak Rupee (PKR) is Rs17.41 on May 20, 2022 at 10:39 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate Rs16.74 at closing on May 19, 2022.

    The rate of Dogecoin in US Dollar (USD) is $0.09 on May 20, 2022 at 10:39 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate $0.08 at closing on May 19, 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 May 19, 2022