The Pakistani rupee weakened against the US dollar, closing at PKR 278.40 in the interbank foreign exchange market on Thursday, May 16, 2024.
(more…)Author: Faisal Shahnawaz
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SBP Issues Foreign Exchange Rates as of May 16, 2024
Today, May 16, 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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ADB Approves $148.5 Million to Enhance Indian Electricity System
The Asian Development Bank (ADB) has greenlit a loan of $148.5 million aimed at bolstering the electric distribution system and improving the resilience of the electricity supply in Sikkim, India.
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PQA Releases Shipping Activity Report for May 16, 2024
The Port Qasim Authority (PQA) has published its shipping activity report for May 16, 2024, aimed at providing stakeholders with crucial information regarding maritime operations.
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Bitcoin BTC Rates in USD and PKR on May 16, 2024
On May 16, 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 16, 2024
On May 16, 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 16, 2024
On May 16, 2024, the latest exchange rates of Dogecoin (DOGE) in Pakistani Rupee (PKR) and US Dollar (USD) have been reported as:
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KIBOR – Karachi Interbank Offered Rates on May 15, 2024
The State Bank of Pakistan (SBP) has released the Karachi Interbank Offered Rates (KIBOR) for various tenors on Wednesday, May 15, 2024, providing a crucial snapshot of the prevailing borrowing costs in the interbank market.
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KCCI and NAVTTC Join Forces to Enhance Skills Training
KARACHI: The Karachi Chamber of Commerce & Industry (KCCI) and the National Vocational & Technical Training Commission (NAVTTC) have inked a landmark Memorandum of Understanding (MOU) to forge a collaborative partnership aimed at enhancing demand-driven skills training across the country.
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Pakistan Stocks Breach 75,000 Points in Intraday Trading
Karachi, May 15, 2024 – In a significant milestone for the Pakistan Stock Exchange (PSX), the benchmark KSE-100 index breached the psychological barrier of 75,000 points during intraday trading on Wednesday, signaling robust investor sentiment and market confidence. However, the market closed slightly lower than this milestone level.
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