Money and banking drive economic activity by facilitating transactions, savings, and investments. Banks manage financial resources, offer credit, and regulate money supply, ensuring stability and growth in Pakistan’s financial sector.
Central Directorate of National Savings (CDNS) has held 19th draw of Rs40,000 denomination prize bonds (premium or registered) and announced Rs80 million as first prize to the bond number (953829).
The prize bond draw was held at Lahore on December 10, 2021.
Three bonds i.e. (366951), (599135) and (629631) have been awarded Rs30 million each as the second prize.
Whereas 660 prizes of Rs500,000 each to the following numbers of prize bonds:
Please click the link to check the numbers.
KARACHI: State Bank of Pakistan (SBP) on Monday issued the Karachi Interbank Offered Rates (KIBOR) as of December 13, 2021.
Following are the latest KIBOR rates:
| Tenor | BID | OFFER |
| 1 – Week | 9.27 | 9.77 |
| 2 – Week | 9.44 | 9.94 |
| 1 – Month | 9.77 | 10.27 |
| 3 – Month | 10.58 | 10.83 |
| 6 – Month | 11.28 | 11.53 |
| 9 – Month | 11.37 | 11.87 |
| 1 – Year | 11.44 | 11.94 |
KARACHI: The deterioration in Pak Rupee (PKR) value continued on Monday as the dollar touched new peak at Rs177.89 at closing of interbank foreign exchange market.
The PKR lost 18 paisas against the dollar to close at Rs177.89 as compared with last Friday’s closing of Rs177.71, which was the previous all-time high of dollar, in the interbank foreign exchange market.
READ MORE: Dollar makes new highs for 4th straight day at Rs177.71
Today’s was the fifth straight day when the dollar touched new record high as it made a record high at Rs176.79 on December 07, 2021. Since then the dollar is making new record every session.
Currency experts said that the high imports were the major reason behind rupee decline. They said that all efforts of the government to curb the imports of unnecessary and luxury items apparently failed as the trade deficit widened massively.
READ MORE: Dollar touches Rs178 intraday trading, retreats
The import bill of the country grew by 69.17 per cent to $33 billion during the first five months (July – November) 2021/2022 as compared with $19.47 billion in the corresponding months of the last fiscal year.
READ MORE: Dollar makes new high at PKR 177.35 at midday trading
The trade deficit during the months under review widened by 112 per cent to $20.59 billion as compared with the deficit of $9.72 billion in the corresponding period of the last fiscal year.
READ MORE: Rupee slide continues; dollar hits new high at Rs176.79
Karachi, Pakistan – The State Bank of Pakistan (SBP) released the official exchange rates for December 13, 2021, providing customers with valuable insights into currency values based on the weighted average rates of commercial banks.
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KARACHI: Following are the open market exchange rates of foreign currencies in Pak Rupee (PKR) in Pakistan on December 13, 2021 (The rates are updated at 09:35 AM Pakistan Standard Time):
| Currency | Buying | Selling |
| Australian Dollar (AUD) | 125.00 | 126.50 |
| Bahrain Dinar (BHD) | 386.85 | 388.60 |
| Canadian Dollar (CAD) | 139.50 | 141.00 |
| China Yuan (CNY) | 23.50 | 23.90 |
| Danish Krone (DNK) | 23.50 | 23.80 |
| Euro (EUR) | 200.50 | 202.50 |
| Hong Kong Dollar (HKD) | 16.75 | 17.00 |
| Indian Rupee (INR) | 2.03 | 2.10 |
| Japanese Yen (JPY) | 1.41 | 1.44 |
| Kuwaiti Dinar (KWD) | 481.80 | 484.30 |
| Malaysian Ringgit (MYR) | 36.50 | 36.85 |
| NewZealand $ (NZD) | 96.55 | 97.25 |
| Norwegians Krone (NOK) | 17.50 | 17.75 |
| Omani Riyal (OMR) | 392.75 | 394.78 |
| Qatari Riyal (QAR) | 39.90 | 40.50 |
| Saudi Riyal (SAR) | 47.70 | 48.20 |
| Singapore Dollar (SGD) | 128.00 | 129.50 |
| Swedish Korona (SEK) | 18.50 | 18.75 |
| Swiss Franc (CHF) | 159.90 | 160.80 |
| Thai Bhat (THB) | 4.80 | 4.90 |
| U.A.E Dirham (AED) | 48.70 | 49.20 |
| UK Pound Sterling (GBP) | 236.50 | 239.00 |
| US Dollar (USD) | 178.70 | 180.45 |
Disclaimer: Team PKRevenue.com provides the available rates of the open market, which are subject to change every hour. Team PKRevenue.com provides the available exchange rates at the time of posting the story. So the team is not responsible for any inaccuracy of the data.
KARACHI: Following are the rates of buying and selling of one US dollar (USD) in Pakistani Rupee (PKR) in the open market on December 13, 2021:
Buying: Rs 178.70 to the US Dollar
Selling: Rs 180.45 to the US Dollar
The buying rate means an exchange company or a bank buys foreign currency from a customer.
The selling rate means an exchange company or a bank sells the foreign currency from a customer.
The rate has been updated at 9:28 AM Pakistan Standard Time (PST).
The US Dollar /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand. Disclaimer: Team PKRevenue.com provides the available rates of the open market, which are subject to change every hour. Team PKRevenue.com provides the available exchange rates at the time of posting the story. So the team is not responsible for any inaccuracy of the data.
KARACHI: Following are the rates of buying and selling of one UAE Dirham (AED) in Pakistani Rupee (PKR) in the open market on December 13, 2021:
Buying: Rs 48.70 to the UAE Dirham
Selling: Rs 49.20 to the UAE Dirham
The buying rate means an exchange company or a bank buys the foreign currency from a customer.
The selling rate means an exchange company or a bank sells the foreign currency from a customer.
The rate has been updated at 9:20 AM Pakistan Standard Time (PST).
The UAE Dirham /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.
Disclaimer: Team PKRevenue.com provides the available rates of the open market, which are subject to change every hour. Team PKRevenue.com provides the available exchange rates at the time of posting the story. So the team is not responsible for any inaccuracy of the data.
KARACHI: Following are the rates of buying and selling of one UK Pound Sterling (GBP) in Pakistani Rupee (PKR) in the open market on December 13, 2021:
Buying: Rs 236.50 to the UK Pound Sterling
Selling: Rs 239.00 to the UK Pound Sterling
The buying rate means an exchange company or a bank buys foreign currency from a customer.
The selling rate means an exchange company or a bank sells the foreign currency from a customer.
The rate has been updated at 9:10 AM Pakistan Standard Time (PST).
The UK Pound Sterling /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.
Disclaimer: Team PKRevenue.com provides the available rates of the open market, which are subject to change every hour. Team PKRevenue.com provides the available exchange rates at the time of posting the story. So the team is not responsible for any inaccuracy of the data.
KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on December 13, 2021:
Buying: Rs 200.50 to the Euro
Selling: Rs 202.50 to the Euro
The buying rate means an exchange company or a bank buys foreign currency from a customer.
The selling rate means an exchange company or a bank sells for foreign currency from a customer.
The rate has been updated at 9:00 AM Pakistan Standard Time (PST).
The Euro /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand. Disclaimer: Team PKRevenue.com provides the available rates of the open market, which are subject to change every hour. Team PKRevenue.com provides the available exchange rates at the time of posting the story. So the team is not responsible for any inaccuracy of the data.
KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on December 13, 2021:
Buying: Rs 47.70 to the Saudi Riyal
Selling: Rs 48.20 to the Saudi Riyal
The buying rate means an exchange company or a bank buys foreign currency from a customer.
The selling rate means an exchange company or a bank sells for foreign currency from a customer.
The rate has been updated at 8:50 AM Pakistan Standard Time (PST).
The Saudi Riyal /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.
Disclaimer: Team PKRevenue.com provides the available rates of the open market, which are subject to change every hour. Team PKRevenue.com provides the available exchange rates at the time of posting the story. So the team is not responsible for any inaccuracy of the data.