Karachi, May 17, 2024 – The Pakistani rupee on Friday demonstrated resilience by rebounding against the US dollar, closing at PKR 278.21, maintaining its position from the previous day’s closing in the interbank foreign exchange market.
(more…)Author: Faisal Shahnawaz
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SBP Issues Foreign Exchange Rates as of May 17, 2024
Today, May 17, 2024, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions.
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Bitcoin BTC Rates in USD and PKR on May 17, 2024
On May 17, 2024, the latest exchange rates of Bitcoin (BTC) in Pakistani Rupee (PKR) and US Dollar (USD) have been reported as:
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Ripple XRP Rates in USD and PKR on May 17, 2024
On May 17, 2024 the latest exchange rates of Ripple (XRP) in Pakistani Rupee (PKR) and US Dollar (USD) have been reported as:
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Dogecoin DOGE Rates in USD and PKR on May 17, 2024
On May 17, 2024, the latest exchange rates of Dogecoin (DOGE) in Pakistani Rupee (PKR) and US Dollar (USD) have been reported as:
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Sindh Governor Admits Karachi’s Loss of Economic Hub Status
KARACHI: Governor Sindh, Kamran Khan Tessori, made a candid admission on Thursday, declaring that Karachi has relinquished its position as Pakistan’s economic epicenter.
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SITE Industries Applaud Reduction in Petroleum Prices
KARACHI: Muhammad Kamran Arbi, President of the SITE Association of Industry, has expressed his appreciation for the significant reduction in petrol and diesel prices by the government, heralding it as a positive step towards alleviating economic burdens on industries and the common populace.
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Pakistan’s Weekly Forex Reserves Surge by $167 Million
Karachi, May 16, 2024 – Pakistan’s foreign exchange reserves witnessed a notable increase, surging by $167 million in the past week, according to official data released on Thursday by the State Bank of Pakistan (SBP).
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KIBOR – Karachi Interbank Offered Rates on May 16, 2024
The State Bank of Pakistan (SBP) has released the Karachi Interbank Offered Rates (KIBOR) for various tenors on Thursday, May 16, 2024, providing a crucial snapshot of the prevailing borrowing costs in the interbank market.
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Pakistan Stocks Close Near 75,000 Points Setting New Record
Karachi, May 16, 2024 – Pakistan stocks witnessed a historic surge on Thursday as the benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) soared to a new all-time high, closing near the 75,000 points mark.
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