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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Pak Rupee to UK Pound on July 27, 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 July 27, 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…
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Pak Rupee to US Dollar on July 27, 2021
KARACHI: Following are the rates of buying and selling of one US dollar (USD) in Pakistani Rupee (PKR) in the open market on July 27, 2021:
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KIBOR rates on July 26, 2021
KARACHI, July 26, 2021 – The State Bank of Pakistan (SBP) has released the Karachi Interbank Offered Rates (KIBOR) for various tenors on Monday, providing insight into the prevailing borrowing and lending rates in the interbank market.
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Dollar falls by Rs1.09 in interbank
KARACHI: The Pak Rupee recovered Rs1.09 against the dollar on Monday. The sharp recovery can be attributed to significant increase in foreign exchange reserves. The rupee ended at Rs161.23 to the dollar from last Friday’s closing of Rs162.32 in the interbank foreign exchange market. The foreign exchange reserves of the country reached $25.128 billion after…
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SBP issues customers exchange rates for July 26
KARACHI: The State Bank of Pakistan (SBP) on Monday 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…
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SBP likely to keep policy rate unchanged at 7%
KARACHI: The State Bank of Pakistan (SBP) has scheduled to announce monetary policy for next two months on Tuesday July 27, 2021. The present key policy rate is 7 per cent. Analysts believe that the central bank is likely to keep the policy rate unchanged. The analysts at Arif Habib Limited expect the SBP to…
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Pak Rupee to Saudi Riyal on July 26, 2021
KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on July 26, 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…
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Pak Rupee to UAE Dirham on July 26, 2021
KARACHI: Following are the rates of buying and selling of one UAE Dirham (AED) in Pakistani Rupee (PKR) in the open market on July 26, 2021: Buying: Rs 43.70 to the UAE Dirham Selling: Rs 44.20 to the UAE Dirham We update rates hourly so we can offer you the best AED to PKR. The…
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Pak Rupee to Euro on July 26, 2021
KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on July 26, 2021: Buying: Rs 187 to the Euro Selling: Rs 189 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 Sterling on July 26, 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 July 26, 2021: Buying: Rs 219.50 to the UK Pound Sterling Selling: Rs 222.50 to the UK Pound Sterling We update rates hourly so we can offer you the best GBP…
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