On January 16, 2025 the latest exchange rates of Ripple (XRP) in Pakistani Rupee (PKR) and US Dollar (USD) have been reported as:
(more…)Author: Faisal Shahnawaz
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KIBOR – Karachi Interbank Offered Rates on January 15, 2025
The State Bank of Pakistan (SBP) has released the Karachi Interbank Offered Rates (KIBOR) for various tenors on Wednesday, January 15, 2025, providing a crucial snapshot of the prevailing borrowing costs in the interbank market.
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PKR to USD: Rupee Dips Marginally Against Dollar in Interbank
Karachi, January 15, 2025 – The Pakistani rupee witnessed a slight decline of 5 paisas against the US dollar on Wednesday, primarily due to persistent demand for dollars driven by import and corporate payment obligations. The rupee closed at PKR 278.77 to the dollar, compared to the previous day’s closing of PKR 278.72 in the interbank foreign exchange market.
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JAC T9 Hunter Bookings Temporarily Closed in Pakistan
JAC Motors Pakistan has temporarily halted bookings for the recently launched T9 Hunter pickup truck. This decision comes in response to the overwhelming demand for the vehicle, aiming to ensure timely deliveries to existing customers.
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Price, Specs of Hyundai Elantra in Pakistan 2025
The Hyundai Elantra continues to attract Pakistani car buyers with its appealing mix of style, performance, and affordability. Locally assembled by Hyundai Nishat Motors, this compact sedan has become a favorite among car enthusiasts, thanks to its sleek aesthetics, fuel efficiency, and advanced features.
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Suzuki Swift in Pakistan 2025: Price, Specs, Features
The Suzuki Swift remains a prominent choice in Pakistan’s automotive market, praised for its sleek design, excellent fuel efficiency, and agile handling.
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OGDCL Commences Production from Kharo-1 Well in Sindh
Karachi, January 15, 2025 – Oil and Gas Development Company Limited (OGDCL), Pakistan’s leading exploration and production company, has officially commenced production from its exploratory well, Kharo-1.
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AUS Vs SL: Sri Lanka Revise Australia Tour Schedule
Australia’s highly anticipated tour of Sri Lanka is set to feature an expanded schedule, as the Sri Lanka Cricket Board (SLC), in collaboration with Cricket Australia, has confirmed the addition of an extra One-Day International (ODI). The tour, which begins on 29 January, now includes two ODIs alongside the originally scheduled two Test matches.
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SBP Announces Forex Rates in PKR for January 15. 2025
On January 15, 2025, the State Bank of Pakistan (SBP) announced the official foreign exchange rates for customers. These rates, based on the weighted averages of commercial banks, act as a key reference for cross-border transactions, facilitating international trade and commerce.
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Pakistan Slashes 44% Electricity Tariff for EV Charging Stations
Islamabad, January 15, 2025 – In a landmark decision, Pakistan has reduced the electricity tariff for electric vehicle (EV) charging stations by 44%, slashing the rate from PKR 71 per unit to PKR 39.70 per unit. This initiative, a first in the country’s history, is expected to drive significant growth in EV adoption while cutting travel costs and reducing reliance on imported fuels.
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