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
-
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…
Written by
-
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. Tenor BID OFFER 1 – Week 6.94 7.44 2 – Week 6.97 7.47 1 – Month 7.01 7.51 3 – Month 7.14 7.39 6 – Month 7.35 7.60 9 – Month 7.45 7.95 1 – Year…
Written by
-
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…
Written by
-
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.
Written by
-
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…
Written by
-
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…
Written by
-
Pak Rupee to Euro in rupee on July 19
KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on July 19, 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…
Written by
-
Exchange rate: buying, selling of UK Pound Sterling in rupee on July 19
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 19, 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…
Written by
-
Exchange rate: buying, selling of US Dollar in rupee on July 19
KARACHI: Following are the rates of buying and selling of one US dollar (USD) in Pakistani Rupee (PKR) in the open market on July 19, 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…
Written by
-
Exchange rate: buying, selling of Saudi Riyal in rupee on July 17
KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on July 17, 2021: Buying: Rs 42.50 to the Saudi Riyal Selling: Rs 43.00 to the Saudi Riyal We update rates hourly so we can offer you the best SAR to PKR. The…
Written by