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.
State Bank of Pakistan (SBP) has completed the project of digitalization forex cases namely End-to-End Digitalization of FX Cases.
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KARACHI: The US Dollar made 25 paisas gain against the Pak Rupee (PKR) on Monday in the interbank foreign exchange market.
The rupee depreciated during the day despite a report of inflows from the International Monetary Fund (IMF).
The rupee ended at Rs164.43 to the dollar in the interbank foreign exchange market. The local currency closed last Friday at Rs164.18.
Currency experts said that high dollar demand remained high because the market opened after two weekly holidays.
They, however, said that the market had not paid attention to inflows of $2.77 billion from the IMF scheduled to transfer today.
The rupee depreciation can also be attributed to the current account deficit for the month of July 2021.
The current account deficit reported $773 million for the month of July 2021, which was a $583 million surplus in the same month of the last year.
KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on August 23, 2021:
Buying: Rs 43.50 to the Saudi Riyal
Selling: Rs 44.00 to the Saudi Riyal
We update rates hourly so we can offer you the best SAR to PKR.
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.
KARACHI: Following are the rates of buying and selling of one UAE Dirham (AED) in Pakistani Rupee (PKR) in the open market on August 23, 2021:
Buying: Rs 44.50 to the UAE Dirham
Selling: Rs 45.00 to the UAE Dirham
We update rates hourly so we can offer you the best AED to PKR.
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 Euro (EUR) in Pakistani Rupee (PKR) in the open market on August 23, 2021:
Buying: Rs 190.60 to the Euro
Selling: Rs 192.60 to the Euro
We update rates hourly so we can offer you the best EUR to PKR.
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 UK Pound Sterling (GBP) in Pakistani Rupee (PKR) in the open market on August 23, 2021:
Buying: Rs 222.55 to the UK Pound Sterling
Selling: Rs 225.05 to the UK Pound Sterling
We update rates hourly so we can offer you the best GBP to PKR.
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, August 22, 2021: The exchange rates of the Saudi Riyal (SAR) against the Pakistani Rupee (PKR) witnessed fluctuations in the open market today, with buying and selling rates reflecting the dynamic nature of currency trading.
(more…)KARACHI: Following are the rates of buying and selling of one UAE Dirham (AED) in Pakistani Rupee (PKR) in the open market on August 22, 2021:
Buying: Rs 44.50 to the UAE Dirham
Selling: Rs 45.00 to the UAE Dirham
We update rates hourly so we can offer you the best AED to PKR.
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 Euro (EUR) in Pakistani Rupee (PKR) in the open market on August 22, 2021:
Buying: Rs 190.60 to the Euro
Selling: Rs 192.60 to the Euro
We update rates hourly so we can offer you the best EUR to PKR.
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 UK Pound Sterling (GBP) in Pakistani Rupee (PKR) in the open market on August 22, 2021:
Buying: Rs 222.55 to the UK Pound Sterling
Selling: Rs 225.05 to the UK Pound Sterling
We update rates hourly so we can offer you the best GBP to PKR.
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.