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.
On August 6, 2021, currency exchange houses in Karachi offered the following rates for buying and selling GBP: • Buying: PKR 224.50 per GBP (This is the rate you would receive when selling your GBP for PKR)
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KARACHI: Following are the rates of buying and selling of one US dollar (USD) in Pakistani Rupee (PKR) in the open market on August 6, 2021:
Buying: Rs 163.10 to the Dollar
Selling: Rs 164.30 to the Dollar
We update rates hourly so we can offer you the best USD to PKR.
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: The State Bank of Pakistan (SBP) on Thursday said that it has revised Foreign Exchange Manual to facilitate legitimate cross border payments.
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KARACHI: State Bank of Pakistan (SBP) on Thursday issued following Karachi Interbank Offered Rates (KIBOR) on August 05, 2021.
| Tenor | BID | OFFER |
| 1 – Week | 6.93 | 7.43 |
| 2 – Week | 6.96 | 7.46 |
| 1 – Month | 7.01 | 7.51 |
| 3 – Month | 7.14 | 7.39 |
| 6 – Month | 7.35 | 7.60 |
| 9 – Month | 7.44 | 7.94 |
| 1 – Year | 7.53 | 8.03 |
KARACHI: The State Bank of Pakistan (SBP) on Thursday issued customers’ exchange rates. The exchange rate is on the basis of weighted average rates of commercial banks.
The SBP said the data compiled and disseminated for information only.
These exchange rates are estimates that quoted by various commercial banks to their clients.
The banks provide their indicative exchange rates for commercial transactions with customers.
| CURRENCY | BUYING | SELLING |
| AED | 44.4790 | 44.5741 |
| AUD | 120.6896 | 120.9436 |
| CAD | 130.2937 | 130.5630 |
| CHF | 179.9218 | 180.3033 |
| CNY | 25.2908 | 25.3411 |
| EUR | 193.2399 | 193.6535 |
| GBP | 226.6904 | 227.1756 |
| JPY | 1.4884 | 1.4916 |
| SAR | 43.5364 | 43.6274 |
| USD | 163.2339 | 163.5972 |
Rupee appreciates 24 paisas against dollar. KARACHI: The Pak Rupee (PKR) gained 24 paisas against the dollar on Thursday. The local currency improved due to sufficient inflows of export receipts and workers remittances.
The rupee ended at Rs163.23 to the dollar from the previous day’s closing of Rs163.47 in the interbank foreign exchange market.
Currency experts said that the market witnessed sufficient supply of the foreign currency during the day. The supply of the greenback helped the rupee to make gain.
They said that the rupee likely to make further gain in coming days due to expected inflows of $2.8 billion from the IMF by month end.
KARACHI: The State Bank of Pakistan (SBP) took decisive action on Thursday, announcing hefty monetary penalties totaling Rs525.23 million against eight commercial banks for violating regulatory provisions during the quarter ended June 30, 2021.
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KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on August 5, 2021:
Buying: Rs 44.50 to the Saudi Riyal
Selling: Rs 45.00 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 5, 2021:
Buying: Rs 43.30 to the UAE Dirham
Selling: Rs 43.90 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 5, 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 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.