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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.

  • Dollar makes new high Rs195.75 at interbank closing

    Dollar makes new high Rs195.75 at interbank closing

    KARACHI: The US dollar gained Rs1.57 against the Pakistan Rupee (PKR) to make new record high at Rs195.75 by end of trading at interbank foreign exchange market on Tuesday.

    The exchange rate was closed at Rs194.18 to the dollar, which was the previous high of the dollar, a day earlier in interbank foreign exchange market.

    READ MORE: Dollar makes fresh high at Rs194.18 at interbank closing

    Currency experts said that massive fall in foreign exchange reserves and high import payments were the major reasons behind rupee fall. Further, delay in IMF tranche of $1 billion after the government decision not to remove subsidy on fuel prices, put further pressure on the exchange rate.

    Pakistan’s foreign exchange reserves fell by $177 million to $16.376 billion by the week ended May 6, 2022. The foreign exchange reserves of the country were $16.553 billion by week ended April 30, 2022.

    The country’s foreign exchange reserves hit record high at $27.228 billion by the week ended August 27, 2021. Since then the foreign exchange reserves have depleted by $10.852 billion.

    READ MORE: Rupee falls for 8th straight day; dollar hits Rs192.53

    The official reserves of the State Bank witnessed a decline of $190 million to $10.309 billion by the week ended May 6, 2022 as compared with $10.499 billion a week ago.

    The SBP reserves reached a record high at $20.145 billion by August 27, 2021. The official reserves also fell by $9.836 billion after reaching record high. The official reserves of the SBP have been reduced to provide import payment cover for only 1.56 months.

    The import bill of the country surged by 46.41 per cent to $65.49 billion during the first 10 months of the current fiscal year as compared with $44.73 billion in the corresponding months of the last fiscal year.

    READ MORE: Rupee fall continues; dollar hits new high at Rs191.77

    Pakistan is a net importer of petroleum products to meet its domestic demand. The country’s oil bill was $14.81 billion during the first nine months (July – March) 2021/2022 as compared with $7.55 billion in the corresponding period of the last fiscal year, showing a massive growth of 96 per cent. The oil bill is around 25 per cent of the total import bill of the country.

    READ MORE: Rupee crashes to record low at Rs190.02 against dollar

  • Bitcoin to Pak Rupee on May 17, 2022

    Bitcoin to Pak Rupee on May 17, 2022

    KARACHI: The exchange rate of Bitcoin (BTC) in Pak Rupee (PKR) is Rs5,889,599.61 on May 17, 2022 at 11:47 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate Rs5,810,448.67 at closing on May 16, 2022.

    The rate of Bitcoin in US Dollar (USD) is $30,413.63 on May 17, 2022 at 11:47 AM Pakistan Standard Time (PST) in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate $30,004.90 at closing on May 16, 2022.

    Disclaimer: All data and information is provided for informational purposes only. The data has not been provided for trading purposes or financial, investment, tax, legal, accounting, or other advice. In the case of trading, it is advised to consult your broker or financial representative to verify pricing before executing any trade. The exchange rate does not constitute investment advice. Further, it is not a recommendation to buy, sell or hold any security or financial product.

    Bitcoin to Pak Rupee on May 16, 2022
  • Ripple to Pak Rupee on May 17, 2022

    Ripple to Pak Rupee on May 17, 2022

    KARACHI: The exchange rate of Ripple (XRP) against the Pakistani Rupee (PKR) stands at Rs84.39 as of 11:37 AM Pakistan Standard Time (PST) on May 17, 2022. This marks an increase compared to the previous day’s closing rate of Rs82.34 on May 16, 2022, in the open exchange market.

    (more…)
  • Dogecoin to Pak Rupee on May 17, 2022

    Dogecoin to Pak Rupee on May 17, 2022

    KARACHI: The exchange rate of Dogecoin (DOGE) in Pak Rupee (PKR) is Rs17.43 on May 17, 2022 at 11:31 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate Rs17.04 at closing on May 16, 2022.

    The rate of Dogecoin in US Dollar (USD) is $0.09 on May 17, 2022 at 11:31 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate $0.09 at closing on May 16, 2022.

    Disclaimer: All data and information are provided for informational purposes only. The data has not been provided for trading purposes or financial, investment, tax, legal, accounting, or other advice. In the case of trading, it is advised to consult your broker or financial representative to verify pricing before executing any trade. The exchange rate does not constitute investment advice. Further, it is not a recommendation to buy, sell or hold any security or financial product.

    Dogecoin to Pak Rupee on May 16, 2022
  • Dollar peaks at Rs195.50 at midday interbank trading

    Dollar peaks at Rs195.50 at midday interbank trading

    KARACHI: The US dollar gained Rs1.32 against the Pakistan Rupee (PKR) to make new peak at Rs195.50 during midday trading at interbank foreign exchange market on Tuesday.

    The exchange rate was closed at Rs194.18 to the dollar a day earlier in interbank foreign exchange market.

    Currency experts said that massive fall in foreign exchange reserves and high import payments were the major reasons behind rupee fall.

    Further, delay in IMF tranche of $1 billion after the government decision not to remove subsidy on fuel prices, put further pressure on the exchange rate.

    Pakistan’s foreign exchange reserves fell by $177 million to $16.376 billion by the week ended May 6, 2022. The foreign exchange reserves of the country were $16.553 billion by week ended April 30, 2022.

    The country’s foreign exchange reserves hit record high at $27.228 billion by the week ended August 27, 2021. Since then the foreign exchange reserves have depleted by $10.852 billion.

    The official reserves of the State Bank witnessed a decline of $190 million to $10.309 billion by the week ended May 6, 2022 as compared with $10.499 billion a week ago.

    The SBP reserves reached a record high at $20.145 billion by August 27, 2021. The official reserves also fell by $9.836 billion after reaching record high. The official reserves of the SBP have been reduced to provide import payment cover for only 1.56 months.

    The import bill of the country surged by 46.41 per cent to $65.49 billion during the first 10 months of the current fiscal year as compared with $44.73 billion in the corresponding months of the last fiscal year.

    Pakistan is a net importer of petroleum products to meet its domestic demand. The country’s oil bill was $14.81 billion during the first nine months (July – March) 2021/2022 as compared with $7.55 billion in the corresponding period of the last fiscal year, showing a massive growth of 96 per cent. The oil bill is around 25 per cent of the total import bill of the country.

  • Foreign currency rates in Pak Rupee – May 17, 2022

    Foreign currency rates in Pak Rupee – May 17, 2022

    KARACHI: Following are the open market exchange rates of foreign currencies in Pak Rupee (PKR) in Pakistan on May 17, 2022 (The rates are updated at 11:02 AM (Pakistan Standard Time):

    CurrencyBuyingSelling
    Australian Dollar (AUD)131.00133.00
     Bahrain Dinar (BHD)386.50388.50
     Canadian Dollar (CAD)144.00145.50
     China Yuan (CNY)23.5523.95
     Danish Krone (DNK)23.6523.95
     Euro (EUR)198.50200.50
     Hong Kong Dollar (HKD)16.6016.85
     Indian Rupee (INR)2.032.10
     Japanese Yen (JPY)1.411.44
     Kuwaiti Dinar (KWD)481.85484.35
     Malaysian Ringgit (MYR)36.7537.10
     NewZealand $ (NZD)96.8597.55
     Norwegians Krone (NOK)17.5017.75
     Omani Riyal (OMR)392.95394.98
     Qatari Riyal (QAR)39.9040.50
     Saudi Riyal (SAR)50.2550.60
     Singapore Dollar (SGD)133.50135.50
     Swedish Korona (SEK)18.8019.05
     Swiss Franc (CHF)160.35161.25
     Thai Bhat (THB)4.804.90
     U.A.E Dirham (AED)52.0052.50
     UK Pound Sterling (GBP)233.00235.50
     US Dollar (USD)193.00195.00

    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.

    Foreign currency rates in Pak Rupee – May 16, 2022
  • Pakistani Rupee to US Dollar on May 17, 2022

    Pakistani Rupee to US Dollar on May 17, 2022

    KARACHI: Following are the rates of buying and selling of one US dollar (USD) in Pakistani Rupee (PKR) in the open market on May 17, 2022:

    Buying: Rs 193.00 to the US Dollar

    Selling: Rs 195.00 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 10:56 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.

    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.

    Pakistani Rupee to US Dollar on May 16, 2022
  • Pakistani Rupee to UAE Dirham on May 17, 2022

    Pakistani Rupee to UAE Dirham on May 17, 2022

    KARACHI: Following are the rates of buying and selling of one UAE Dirham (AED) in Pakistani Rupee (PKR) in the open market on May 17, 2022:

    Buying: Rs 52.00 to the UAE Dirham

    Selling: Rs 52.50 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 10:37 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.

    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.

    Pakistani Rupee to UAE Dirham on May 16, 2022
  • Pakistani Rupee to UK Pound Sterling on May 17, 2022

    Pakistani Rupee to UK Pound Sterling on May 17, 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 May 17, 2022:

    Buying: Rs 233.00 to the UK Pound Sterling

    Selling: Rs 235.50 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 10:32 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.

    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.

    Pakistani Rupee to UK Pound Sterling on May 16, 2022
  • Pakistani Rupee to Euro on May 17, 2022

    Pakistani Rupee to Euro on May 17, 2022

    KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on May 17, 2022:

    Buying: Rs 198.50 to the Euro

    Selling: Rs 200.50 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 10:26 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.

    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.

    Pakistani Rupee to Euro on May 16, 2022