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.
Category: Money & Banking
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KIBOR rates on August 25, 2021
KARACHI: State Bank of Pakistan (SBP) on Wednesday issued following Karachi Interbank Offered Rates (KIBOR) on August 25, 2021. Tenor BID OFFER 1 – Week 6.88 7.38 2 – Week 6.94 7.44 1 – Month 7.01 7.51 3 – Month 7.16 7.41 6 – Month 7.31 7.56 9 – Month 7.44 7.94 1 – Year…
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Dollar moves up sharply to Rs166.28 in interbank
KARACHI: The Pak Rupee sharply fell by Rs1.08 against the dollar on Wednesday owing to rise in import payment demand. The rupee ended Rs166.28 to the dollar from the previous day’s closing of Rs165.20 in the interbank foreign exchange market. The rupee fell to a year low against the dollar. Previously, the rupee fell to…
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SBP issues customers exchange rates on August 25
KARACHI, August 25, 2021: The State Bank of Pakistan (SBP) has issued the latest exchange rates for customers on Wednesday, August 25, 2021.
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Pak Rupee to Saudi Riyal on August 25, 2021
KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on August 25, 2021: Buying: Rs 43.70 to the Saudi Riyal Selling: Rs 44.20 to the Saudi Riyal We update rates hourly so we can offer you the best SAR to PKR. The…
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Pak Rupee to UAE Dirham on August 25, 2021
KARACHI, August 25, 2021 — The UAE Dirham (AED) experienced fluctuations in its exchange rate against the Pakistani Rupee (PKR) in the open market August 25, 2021, with buying rates listed at Rs 44.70 and selling rates climbing to Rs 45.20.
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Pak Rupee to Euro on August 25, 2021
KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on August 25, 2021: Buying: Rs 192 to the Euro Selling: Rs 194 to the Euro We update rates hourly so we can offer you the best EUR to PKR. The Euro /PKR parity…
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Pak Rupee to UK Pound on August 25, 2021
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 25, 2021: Buying: Rs 225 to the UK Pound Sterling Selling: Rs 228 to the UK Pound Sterling We update rates hourly so we can offer you the best GBP…
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KIBOR rates on August 24, 2021
KARACHI: State Bank of Pakistan (SBP) on Tuesday issued following Karachi Interbank Offered Rates (KIBOR) on August 24, 2021. Tenor BID OFFER 1 – Week 6.87 7.37 2 – Week 6.94 7.44 1 – Month 7.00 7.50 3 – Month 7.15 7.40 6 – Month 7.30 7.55 9 – Month 7.44 7.94 1 – Year…
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Dollar advances to Rs165.20 against PKR in interbank
KARACHI: The US Dollar appreciated to Rs165.20 against the Pak Rupee (PKR) on Tuesday in the interbank foreign exchange market. The dollar made gain against the rupee despite transfer of $2.75 billion to the State Bank of Pakistan (SBP) from the International Monetary Fund (IMF). The rupee ended at Rs165.20 to the dollar from previous…
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SBP issues customers exchange rates on August 24
KARACHI, August 24, 2021: The State Bank of Pakistan (SBP) has released the most recent exchange rates for customers on Tuesday, August 24, 2021.
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