KARACHI: The exchange rate of Ripple (XRP) in Pakistani Rupee (PKR) is Rs84.57 on August 04, 2022 at 12:50 PM Pakistan Standard Time (PST), in the open exchange market.
(more…)Tag: Pak Rupee
Pakistan Revenue is committed to providing accurate exchange rates in Pak Rupee for foreign currencies, helping readers stay informed about the fluctuating value of the Pak Rupee in the market.
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Dogecoin to Pakistani Rupee on August 04, 2022
KARACHI: The exchange rate of Dogecoin (DOGE) in Pakistani Rupee (PKR) is Rs15.18 on August 04, 2022 at 12:50 PM Pakistan Standard Time (PST), in the open exchange market.
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Foreign currency rates in Pak Rupee – August 04, 2022
KARACHI: Following are the open market exchange rates of foreign currencies in Pak Rupee (PKR) in Pakistan on August 04, 2022 (The rates are updated at 09:00 AM (Pakistan Standard Time):
CURRENCY NAME BUYING SELLING US DOLLAR $ (USD) 224.00 226.00 SAUDI RIYAL (SAR) 59.00 60.00 UAE DIRHAM (AED) 61.00 62.00 EURO (EUR) 227.00 230.00 UK POUND (GBP) 272.00 276.00 JAPANESE YEN (JPY) 1.64 1.66 SWISS FRANC (CHF) 229.44 230.44 DANISH KRONE (DKK) 30.02 30.12 NORWEGIAN KRONE (NOK) 22.61 22.71 SWEDISH KRONA (SEK) 21.53 21.63 AUSTRALIAN DOLLAR (AUD) 153.00 155.00 CANADIAN DOLLAR (CAD) 173.00 175.00 INDIAN RUPEE (INR) 2.35 2.65 CHINESE YUAN (CNY) 33.50 35.00 AFGHAN AFGHANI (AFN) 1.70 2.00 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.
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Pakistani Rupee to US Dollar on August 04, 2022
KARACHI: Following are the rates of buying and selling of one US dollar (USD) in Pakistani Rupee (PKR) in the open market on August 04, 2022:
Buying: Rs 224.00 to the US Dollar
Selling: Rs 226.00 to the US Dollar
The buying rate means an exchange company or a bank buys foreign currency from a customer.
The selling rate means an exchange company or a bank sells the foreign currency from a customer.
The rate has been updated at 09:00 AM Pakistan Standard Time (PST).
The US Dollar /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.
Pakistani Rupee to US Dollar on August 03, 2022
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Pakistani Rupee to Saudi Riyal on August 04, 2022
KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on August 04, 2022:
Buying: Rs 59.00 to the Saudi Riyal
Selling: Rs 60.00 to the Saudi Riyal
The buying rate means an exchange company or a bank buys foreign currency from a customer.
The selling rate means an exchange company or a bank sells for foreign currency from a customer.
The rate has been updated at 09:00 AM Pakistan Standard Time (PST).
The Saudi Riyal /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.
Pakistani Rupee to Saudi Riyal on August 03, 2022
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Pakistani Rupee to Euro on August 04, 2022
KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on August 04, 2022:
Buying: Rs 227.00 to the Euro
Selling: Rs 230.00 to the Euro
The buying rate means an exchange company or a bank buys foreign currency from a customer.
The selling rate means an exchange company or a bank sells for foreign currency from a customer.
The rate has been updated at 09:00 AM Pakistan Standard Time (PST).
The Euro /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.
Pakistani Rupee to Euro on August 03, 2022
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Pakistani Rupee to UK Pound Sterling on August 04, 2022
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 04, 2022:
Buying: Rs 272.00 to the UK Pound Sterling
Selling: Rs 276.00 to the UK Pound Sterling
The buying rate means an exchange company or a bank buys foreign currency from a customer.
The selling rate means an exchange company or a bank sells the foreign currency from a customer.
The rate has been updated at 09:00 AM Pakistan Standard Time (PST).
The UK Pound Sterling /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.
Pakistani Rupee to UK Pound Sterling on August 03, 2022
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Pakistani Rupee to UAE Dirham on August 04, 2022
KARACHI: Following are the rates of buying and selling of one UAE Dirham (AED) in Pakistani Rupee (PKR) in the open market on August 04, 2022:
Buying: Rs 61.00 to the UAE Dirham
Selling: Rs 62.00 to the UAE Dirham
The buying rate means an exchange company or a bank buys foreign currency from a customer.
The selling rate means an exchange company or a bank sells the foreign currency from a customer.
The rate has been updated at 09:00 AM Pakistan Standard Time (PST).
The UAE Dirham /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.
Pakistani Rupee to UAE Dirham on August 03, 2022
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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.
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Pakistani Rupee to UAE Dirham on August 04, 2022
KARACHI: Following are the rates of buying and selling of one UAE Dirham (AED) in Pakistani Rupee (PKR) in the open market on August 04, 2022:
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Pakistani Rupee to UK Pound Sterling on August 04, 2022
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 04, 2022:
Buying: Rs 272.00 to the UK Pound Sterling
Selling: Rs 276.00 to the UK Pound Sterling
The buying rate means an exchange company or a bank buys foreign currency from a customer.
The selling rate means an exchange company or a bank sells the foreign currency from a customer.
The rate has been updated at 09:00 AM Pakistan Standard Time (PST).
The UK Pound Sterling /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.
Pakistani Rupee to UK Pound Sterling on August 03, 2022
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Pakistani Rupee to UAE Dirham on August 04, 2022
KARACHI: Following are the rates of buying and selling of one UAE Dirham (AED) in Pakistani Rupee (PKR) in the open market on August 04, 2022:
Buying: Rs 61.00 to the UAE Dirham
Selling: Rs 62.00 to the UAE Dirham
The buying rate means an exchange company or a bank buys foreign currency from a customer.
The selling rate means an exchange company or a bank sells the foreign currency from a customer.
The rate has been updated at 09:00 AM Pakistan Standard Time (PST).
The UAE Dirham /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.
Pakistani Rupee to UAE Dirham on August 03, 2022
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Pakistani Rupee to US Dollar on August 04, 2022
KARACHI: Following are the rates of buying and selling of one US dollar (USD) in Pakistani Rupee (PKR) in the open market on August 04, 2022:
Buying: Rs 224.00 to the US Dollar
Selling: Rs 226.00 to the US Dollar
The buying rate means an exchange company or a bank buys foreign currency from a customer.
The selling rate means an exchange company or a bank sells the foreign currency from a customer.
The rate has been updated at 09:00 AM Pakistan Standard Time (PST).
The US Dollar /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.
Pakistani Rupee to US Dollar on August 03, 2022
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Pakistani Rupee to Saudi Riyal on August 04, 2022
KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on August 04, 2022:
Buying: Rs 59.00 to the Saudi Riyal
Selling: Rs 60.00 to the Saudi Riyal
The buying rate means an exchange company or a bank buys foreign currency from a customer.
The selling rate means an exchange company or a bank sells for foreign currency from a customer.
The rate has been updated at 09:00 AM Pakistan Standard Time (PST).
The Saudi Riyal /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.
Pakistani Rupee to Saudi Riyal on August 03, 2022
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Pakistani Rupee to Euro on August 04, 2022
KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on August 04, 2022:
Buying: Rs 227.00 to the Euro
Selling: Rs 230.00 to the Euro
The buying rate means an exchange company or a bank buys foreign currency from a customer.
The selling rate means an exchange company or a bank sells for foreign currency from a customer.
The rate has been updated at 09:00 AM Pakistan Standard Time (PST).
The Euro /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.
Pakistani Rupee to Euro on August 03, 2022
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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.
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Pakistani Rupee to Euro on August 04, 2022
KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on August 04, 2022:
Buying: Rs 227.00 to the Euro
Selling: Rs 230.00 to the Euro
The buying rate means an exchange company or a bank buys foreign currency from a customer.
The selling rate means an exchange company or a bank sells for foreign currency from a customer.
The rate has been updated at 09:00 AM Pakistan Standard Time (PST).
The Euro /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.
Pakistani Rupee to Euro on August 03, 2022
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Pakistani Rupee to UK Pound Sterling on August 04, 2022
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 04, 2022:
Buying: Rs 272.00 to the UK Pound Sterling
Selling: Rs 276.00 to the UK Pound Sterling
The buying rate means an exchange company or a bank buys foreign currency from a customer.
The selling rate means an exchange company or a bank sells the foreign currency from a customer.
The rate has been updated at 09:00 AM Pakistan Standard Time (PST).
The UK Pound Sterling /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.
Pakistani Rupee to UK Pound Sterling on August 03, 2022
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Pakistani Rupee to UAE Dirham on August 04, 2022
KARACHI: Following are the rates of buying and selling of one UAE Dirham (AED) in Pakistani Rupee (PKR) in the open market on August 04, 2022:
Buying: Rs 61.00 to the UAE Dirham
Selling: Rs 62.00 to the UAE Dirham
The buying rate means an exchange company or a bank buys foreign currency from a customer.
The selling rate means an exchange company or a bank sells the foreign currency from a customer.
The rate has been updated at 09:00 AM Pakistan Standard Time (PST).
The UAE Dirham /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.
Pakistani Rupee to UAE Dirham on August 03, 2022
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Pakistani Rupee to US Dollar on August 04, 2022
KARACHI: Following are the rates of buying and selling of one US dollar (USD) in Pakistani Rupee (PKR) in the open market on August 04, 2022:
Buying: Rs 224.00 to the US Dollar
Selling: Rs 226.00 to the US Dollar
The buying rate means an exchange company or a bank buys foreign currency from a customer.
The selling rate means an exchange company or a bank sells the foreign currency from a customer.
The rate has been updated at 09:00 AM Pakistan Standard Time (PST).
The US Dollar /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.
Pakistani Rupee to US Dollar on August 03, 2022
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Pakistani Rupee to Saudi Riyal on August 04, 2022
KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on August 04, 2022:
Buying: Rs 59.00 to the Saudi Riyal
Selling: Rs 60.00 to the Saudi Riyal
The buying rate means an exchange company or a bank buys foreign currency from a customer.
The selling rate means an exchange company or a bank sells for foreign currency from a customer.
The rate has been updated at 09:00 AM Pakistan Standard Time (PST).
The Saudi Riyal /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.
Pakistani Rupee to Saudi Riyal on August 03, 2022
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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.
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Pakistani Rupee to Saudi Riyal on August 04, 2022
KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on August 04, 2022:
Buying: Rs 59.00 to the Saudi Riyal
Selling: Rs 60.00 to the Saudi Riyal
The buying rate means an exchange company or a bank buys foreign currency from a customer.
The selling rate means an exchange company or a bank sells for foreign currency from a customer.
The rate has been updated at 09:00 AM Pakistan Standard Time (PST).
The Saudi Riyal /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.
Pakistani Rupee to Saudi Riyal on August 03, 2022
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Pakistani Rupee to Euro on August 04, 2022
KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on August 04, 2022:
Buying: Rs 227.00 to the Euro
Selling: Rs 230.00 to the Euro
The buying rate means an exchange company or a bank buys foreign currency from a customer.
The selling rate means an exchange company or a bank sells for foreign currency from a customer.
The rate has been updated at 09:00 AM Pakistan Standard Time (PST).
The Euro /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.
Pakistani Rupee to Euro on August 03, 2022
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Pakistani Rupee to UK Pound Sterling on August 04, 2022
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 04, 2022:
Buying: Rs 272.00 to the UK Pound Sterling
Selling: Rs 276.00 to the UK Pound Sterling
The buying rate means an exchange company or a bank buys foreign currency from a customer.
The selling rate means an exchange company or a bank sells the foreign currency from a customer.
The rate has been updated at 09:00 AM Pakistan Standard Time (PST).
The UK Pound Sterling /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.
Pakistani Rupee to UK Pound Sterling on August 03, 2022
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Pakistani Rupee to UAE Dirham on August 04, 2022
KARACHI: Following are the rates of buying and selling of one UAE Dirham (AED) in Pakistani Rupee (PKR) in the open market on August 04, 2022:
Buying: Rs 61.00 to the UAE Dirham
Selling: Rs 62.00 to the UAE Dirham
The buying rate means an exchange company or a bank buys foreign currency from a customer.
The selling rate means an exchange company or a bank sells the foreign currency from a customer.
The rate has been updated at 09:00 AM Pakistan Standard Time (PST).
The UAE Dirham /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.
Pakistani Rupee to UAE Dirham on August 03, 2022
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Pakistani Rupee to US Dollar on August 04, 2022
KARACHI: Following are the rates of buying and selling of one US dollar (USD) in Pakistani Rupee (PKR) in the open market on August 04, 2022:
Buying: Rs 224.00 to the US Dollar
Selling: Rs 226.00 to the US Dollar
The buying rate means an exchange company or a bank buys foreign currency from a customer.
The selling rate means an exchange company or a bank sells the foreign currency from a customer.
The rate has been updated at 09:00 AM Pakistan Standard Time (PST).
The US Dollar /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.
Pakistani Rupee to US Dollar on August 03, 2022
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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.
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SBP launches crackdown against exchange companies
KARACHI: The State Bank of Pakistan (SBP) has launched crackdown against exchange companies in order to end volatility in rupee value against the US dollar.
A statement issued on Wednesday, the central bank said in view of recent volatility in the exchange rate and the difference between the interbank rate and the rate offered by Exchange Companies (ECs) and banks to their customers, it had increased the monitoring of the foreign exchange operations of ECs and banks.
READ MORE: Pakistani Rupee makes historic recovery; dollar ends at Rs228.80
In this respect, SBP started inspections of a number of exchange companies and banks since Monday (August 1, 2022).
On Tuesday (August 2, 2022) SBP suspended the operations of four branches of two ECs (Galaxy Exchange Co and Al-Hameed International Money Exchange Co) for violation of SBP regulations.
READ MORE: UBL declares 21% decline in half year net profit
SBP has also imposed monetary penalties on some ECs in the recent past. Besides, due to violations of SBP instructions, arrangements of 13 franchises have been terminated by six different ECs in the recent past.
SBP has also started conducting mystery shopping exercise throughout Pakistan to investigate the apprehensions that some ECs are not selling foreign currency to their customers.
READ MORE: SBP introduces foreign currency, rupee value business accounts
A meeting of the Exchange Companies Association of Pakistan has also been called on August 4, 2022.
If needed, SBP would augment its enforcement actions on the ECs and the banks in light of findings of the on-going inspections and mystery shopping.
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Pakistani Rupee makes historic recovery; dollar ends at Rs228.80
KARACHI: The Pakistani Rupee made a historic single day recovery of Rs9.58 against the US dollar on Wednesday to close at Rs228.80 in the interbank foreign exchange market.
The exchange rate recorded a recovery of Rs9.58 in rupee value to end at Rs228.80 to the dollar from previous day’s closing of Rs238.38 in the interbank foreign exchange market.
READ MORE: Rupee makes recovery against dollar for 3rd straight day
The rupee made recovery for the fourth consecutive day after the Chief of the Army Staff (COAS) telephoned to the US for speeding up the release of IMF tranche.
The rupee recorded historic low of Rs239.94 against the dollar on July 28, 2022.
Analysts said that expected inflows from the IMF of $1.2 billion, there will be multilateral inflows unlocking, followed by bilateral/friendly countries, and coupled with global and local recession impacting/reducing Oil and food/commodity prices globally, there will be much lower imports (exports will also be hit), thereby lowering demand for dollar outflows. This should help improve PKR against the US$, at least for some time.
READ MORE: Dollar falls to Rs238.84 at interbank closing on August 01, 2022
Currency experts said that the fall in import bill during the month of July 2022 eased the pressure on the foreign currency demand. Further, the International Monetary Fund (IMF) likely to release the tranche by end of this month.
The free-fall in rupee continued for the past many months against the greenback due to political instability and weak economic indicators.
The experts said that the continuous decline in rupee value may also be attributed to the fall in foreign exchange reserves.
The foreign exchange reserves of the country have further declined.
READ MORE: Pakistan interbank rupee ends Rs239.37 to dollar on July 29, 2022
Pakistan’s foreign exchange reserves have declined by $368 million to $15.242 billion by week ended July 15, 2022. The foreign exchange reserves of the country were $15.61 billion a week ago i.e. July 07, 2022.
The country’s foreign exchange reserves hit all-time high of $27.228 billion on August 27, 2021. Since then the foreign exchange reserves have declined by $11.986 billion.
The official reserves of the State Bank also depleted by $388 billion to $9.329 billion by week ended July 15, 2022 as compared with $9.717 billion a week ago.
The foreign exchange reserves held by the central bank witnessed a record high at $20.146 billion by week ended August 27, 2021. Since then the official reserves of the SBP declined by $10.817 billion.
READ MORE: Rupee plunges near Rs240 to dollar at interbank closing