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
-
Pak Rupee to UK Pound on August 7, 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 7, 2021: Buying: Rs 224 to the UK Pound Sterling Selling: Rs 227 to the UK Pound Sterling We update rates hourly so we can offer you the best GBP…
Written by
-
Pak Rupee to US Dollar on August 7, 2021
KARACHI: The Pakistani rupee continues to experience fluctuations against the US dollar as market dynamics shape the exchange rate.
Written by
-
KIBOR rates for August 06, 2021
KARACHI: State Bank of Pakistan (SBP) on Friday issued following Karachi Interbank Offered Rates (KIBOR) on August 06, 2021. Tenor BID OFFER 1 – Week 6.93 7.43 2 – Week 6.96 7.46 1 – Month 7.02 7.52 3 – Month 7.15 7.40 6 – Month 7.34 7.59 9 – Month 7.44 7.94 1 – Year…
Written by
-
Rupee falls by 22 paisas against dollar
KARACHI: The Pak Rupee (PKR) fell by 22 paisas against the dollar on Friday as foreign currency demand for import payment remained higher. The interbank foreign exchange market closed at Rs163.45 to the dollar from the previous day’s closing of Rs163.23. Currency experts said that dollar demand was higher due to upcoming weekly holidays. They…
Written by
-
SBP issues customers exchange rates for August 06
KARACHI: The State Bank of Pakistan (SBP) on Friday 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…
Written by
-
Pak Rupee to Saudi Riyal on August 6, 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 6, 2021: Buying: Rs 44.00 to the Saudi Riyal Selling: Rs 44.50 to the Saudi Riyal We update rates hourly so we can offer you the best SAR to PKR. The…
Written by
-
Pak Rupee to UAE Dirham on August 6, 2021
KARACHI: Following are the rates of buying and selling of one UAE Dirham (AED) in Pakistani Rupee (PKR) in the open market on August 6, 2021: Buying: Rs 43.00 to the UAE Dirham Selling: Rs 43.50 to the UAE Dirham We update rates hourly so we can offer you the best AED to PKR. The…
Written by
-
Pak Rupee to Euro on August 6, 2021
KARACHI, August 6, 2021 -The currency exchange dynamics in Karachi saw the Euro exhibiting varied rates against the Pakistani Rupee (PKR) today. As per the latest reports from the open market, the buying rate for one Euro stood at Rs 191.50, while the selling rate was recorded at Rs 193.50.
Written by
-
Pak Rupee to UK Pound on August 6, 2021
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)
Written by
-
Pak Rupee to US Dollar on August 6, 2021
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…
Written by