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 Saudi Riyal on July 24
KARACHI – As of July 24, 2021, the exchange rates for the Saudi Riyal (SAR) against the Pakistani Rupee (PKR) in the open market are as follows: • Buying Rate: PKR 42.00 per Saudi Riyal • Selling Rate: PKR 42.50 per Saudi Riyal These rates are determined based on real-time trading activity and are subject…
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Pak Rupee to UAE Dirham on July 24
KARACHI: Following are the rates of buying and selling of one UAE Dirham (AED) in Pakistani Rupee (PKR) in the open market on July 24, 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…
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Pak Rupee to Euro on July 24
KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on July 24, 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…
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Pak Rupee to UK Pound Sterling on July 24
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 24, 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 24
KARACHI: Following are the rates of buying and selling of one US dollar (USD) in Pakistani Rupee (PKR) in the open market on July 24, 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…
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KIBOR rates on July 23, 2021
The State Bank of Pakistan (SBP) has released the Karachi Interbank Offered Rates (KIBOR) for various tenors on Friday, July 23, 2021, providing a crucial snapshot of the prevailing borrowing costs in the interbank market. KIBOR serves as a benchmark interest rate that signifies the average interest rates at which banks in Pakistan offer unsecured…
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SBP issues customers exchange rates for July 23
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…
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Rupee depreciates by 84 paisas in interbank
KARACHI: The Pak Rupee ended down by 84 paisas against the dollar on Friday. The local currency fell due to higher demand of the foreign currency after Eid holidays. The rupee closed at Rs162.32 to the dollar in interbank foreign exchange market. The local unit previously closed at Rs161.48 in last trading on July 19,…
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Pak Rupee to Saudi Riyal on July 23
KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on July 23, 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 23
KARACHI: Following are the rates of buying and selling of one UAE Dirham (AED) in Pakistani Rupee (PKR) in the open market on July 23, 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…
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