Pkrevenue.com

Category: Money & Banking

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.

  • Pak Rupee to Euro on July 20

    Pak Rupee to Euro on July 20

    KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on July 20, 2021:

    Buying: Rs 186 to the Euro

    Selling: Rs 188 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.

  • Pak Rupee to UK Pound Sterling on July 20

    Pak Rupee to UK Pound Sterling on July 20

    KARACHI: Following are the rates of buying and selling of one UK Pound Sterling (GBP) in Pakistani Rupee (PKR) in the open market on July 20, 2021:

    Buying: Rs 219 to the UK Pound Sterling

    Selling: Rs 222 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.

  • Pak Rupee to US Dollar on July 20

    Pak Rupee to US Dollar on July 20

    KARACHI: Following are the rates of buying and selling of one US dollar (USD) in Pakistani Rupee (PKR) in the open market on July 20, 2021:

    Buying: Rs 160.70 to the Dollar

    Selling: Rs 161.95 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.

  • Banks to reopen on Friday July 23, 2021

    Banks to reopen on Friday July 23, 2021

    KARACHI: Banks will observe three holidays on account of Eid ul Adha from July 20 to July 22, 2021.

    The banks will reopen on Friday July 23, 2021, as per the announcement.

    A statement issued by the State Bank of Pakistan (SBP) said that the central bank will observe Eid ul Adha holidays on July 20, July 21 and July 22, 2021 as announced by the federal government.

    The banking activities will resume from July 23, 2021.

  • SBP to eliminate electronic import form for PSW

    SBP to eliminate electronic import form for PSW

    KARACHI: The State Bank of Pakistan (SBP) on Monday notified amendments to foreign exchange manual to eliminate Electronic Import Form for Pakistan Single Window (PSW).

    The central bank in a statement on Monday said it was in the process of revising the foreign exchange regulations.

    The primary objective of these revisions is to promote ease of doing business by simplifying the existing instructions. It will delegate more powers to banks to facilitate stakeholders.  

    The SBP has notified revisions in foreign exchange regulations for imports of goods into Pakistan (Chapter 13 of the FE Manual).

    The key changes include amendment in existing regulations to facilitate import transactions through the forthcoming PSW facilities. The revision will eliminate the requirement of Electronic Import Form (EIF).

    The SBP and Pakistan Customs implemented EIF Module in WeBOC system from September 1, 2016. EIF is an electronic declaration. Banks approve this declaration detailing payment information for import of goods.

    Importers submit this form at the time of filing of Good Declaration.

    Under the Pakistan Single Window (PSW) the form will no more require.

  • KIBOR rates on July 19, 2021

    KIBOR rates on July 19, 2021

    KARACHI: State Bank of Pakistan (SBP) on Monday issued following Karachi Interbank Offered Rates (KIBOR) on July 19, 2021.

     TenorBIDOFFER
    1 – Week6.947.44
    2 – Week6.977.47
    1 – Month7.017.51
    3 – Month7.147.39
    6 – Month7.357.60
    9 – Month7.457.95
    1 – Year7.548.04
  • Rupee weakens by Rs1.54 against dollar

    Rupee weakens by Rs1.54 against dollar

    KARACHI: The Pak Rupee fell by Rs1.54 against dollar on Monday due to higher demand for foreign currency ahead of Eid holidays.

    The rupee ended at Rs161.48 to the dollar from last Friday’s closing of Rs159.94 to the dollar.

    Currency experts said that the dollar demand for imports remained higher owing to three holidays announced by government for Eid ul Adha.

    The rupee has lost around Rs3.61 against the foreign currency since the start of the current month.

    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.

  • SBP issues exchange rates for July 19, 2021

    SBP issues exchange rates for July 19, 2021

    KARACHI: The State Bank of Pakistan (SBP) on Monday issued customers’ exchange rates on the basis of weighted average rates of commercial banks.

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  • Pak Rupee to Saudi Riyal on July 19

    Pak Rupee to Saudi Riyal on July 19

    KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on July 19, 2021:

    Buying: Rs 42.00 to the Saudi Riyal

    Selling: Rs 42.50 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.

  • Pak Rupee to UAE Dirham on July 19

    Pak Rupee to UAE Dirham on July 19

    KARACHI: Following are the rates of buying and selling of one UAE Dirham (AED) in Pakistani Rupee (PKR) in the open market on July 19, 2021:

    Buying: Rs 43.35 to the UAE Dirham

    Selling: Rs 43.85 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.