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.

Pakistani Rupee to Saudi Riyal on May 14, 2022

KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on May 14, 2022:

Buying: Rs 49.55 to the Saudi Riyal

Selling: Rs 50.15 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 09:23 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.

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 Saudi Riyal on May 13, 2022

May 14, 2022
Rupee falls for 8th straight day; dollar hits Rs192.53

KARACHI: The Pakistan Rupee (PKR) continued to slide against the US dollar for eighth straight day and reached to historic low at Rs192.53 on Friday.

The exchange rate witnessed a decline of 76 paisas in rupee value to reach Rs192.53, making fresh low against the US dollar in interbank foreign exchange market. The exchange rate was at Rs191.77 a day earlier at closing in interbank foreign exchange market.

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

Currency experts said that the falling foreign exchange reserves were main reason behind the free-fall in rupee value.

Pakistan’s foreign exchange reserves fell by $177 million to $16.376 billion by 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 week ended August 27, 2021. Since then the foreign exchange reserves have depleted by $10.852 billion.

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

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

The SBP reserves reached to 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.

READ MORE: Rupee hits all-time low at Rs188.66 to dollar

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 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 country.

READ MORE: Dollar ends Rs187.53 at interbank market close

May 13, 2022
Dollar jumps to Rs193 in midday interbank trading

KARACHI: The US dollar reached to all time high at Rs193 during midday trading at interbank foreign exchange market on Friday.

The rupee lost Rs1.23 to the dollar and being traded at Rs193 from previous day’s closing of Rs191.77 in the interbank foreign exchange market.

Currency experts said that falling foreign exchange reserves and high import payments had escalated dollar demand.

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

The rupee continued its free fall for the seventh consecutive day yesterday.

Pakistan is net importer of petroleum products to meet its domestic demand. The country’s import 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 country.

READ MORE: Rupee hits all-time low at Rs188.66 to dollar

The depleting foreign exchange reserves are also putting pressure on the local currency.

Pakistan total import bills recorded an increase of 49 per cent to $58.87 billion during the first nine months of the current fiscal year as compared with $39.49 billion in the corresponding period of the last fiscal year.

READ MORE: Dollar ends Rs187.53 at interbank market close

This resulted in huge widening in trade deficit of 70 per cent. The trade deficit of the country swelled to $35.39 billion during first nine months of the current fiscal year as compared with the deficit of $20.8 billion in the corresponding months of the last fiscal year.

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

May 13, 2022
Bitcoin to Pak Rupee on May 13, 2022

KARACHI: The exchange rate of Bitcoin (BTC) in Pak Rupee (PKR) is Rs5,869,301.99 on May 13, 2022 at 9:38 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate Rs5,115,001.78 at closing on May 12, 2022.

The rate of Bitcoin in US Dollar (USD) is $30,598.44 on May 13, 2022 at 9:38 AM Pakistan Standard Time (PST) in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate $26,803.21 at closing on May 12, 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 12, 2022

May 13, 2022
Ripple to Pak Rupee on May 13, 2022

KARACHI: The exchange rate of Ripple (XRP) in Pak Rupee (PKR) is Rs85.61 on May 13, 2022 at 9:34 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate Rs67.25 at closing on May 12, 2022.

The rate of Ripple in US Dollar (USD) is $0.45 on May 13, 2022 at 9:34 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate of $0.35 at closing on May 12, 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.

Ripple to Pak Rupee on May 12, 2022

May 13, 2022
Dogecoin to Pak Rupee on May 13, 2022

KARACHI: The exchange rate of Dogecoin (DOGE) in Pak Rupee (PKR) is Rs17.96 on May 13, 2022 at 9:25 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate Rs13.74 at closing on May 12, 2022.

The rate of Dogecoin in US Dollar (USD) is $0.09 on May 13, 2022 at 9:25 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate $0.07 at closing on May 12, 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 12, 2022

May 13, 2022

Foreign currency rates in Pak Rupee – May 13, 2022

KARACHI: Following are the open market exchange rates of foreign currencies in Pak Rupee (PKR) in Pakistan on May 13, 2022 (The rates are updated at 09:13 AM (Pakistan Standard Time):

Currency	Buying	Selling
Australian Dollar (AUD)	130.00	132.50
Bahrain Dinar (BHD)	386.50	388.50
Canadian Dollar (CAD)	143.50	145.00
China Yuan (CNY)	23.55	23.95
Danish Krone (DNK)	23.65	23.95
Euro (EUR)	198.00	200.00
Hong Kong Dollar (HKD)	16.60	16.85
Indian Rupee (INR)	2.03	2.10
Japanese Yen (JPY)	1.41	1.44
Kuwaiti Dinar (KWD)	481.85	484.35
Malaysian Ringgit (MYR)	36.75	37.10
NewZealand $ (NZD)	96.85	97.55
Norwegians Krone (NOK)	17.50	17.75
Omani Riyal (OMR)	392.95	394.98
Qatari Riyal (QAR)	39.90	40.50
Saudi Riyal (SAR)	49.50	50.10
Singapore Dollar (SGD)	133.50	135.50
Swedish Korona (SEK)	18.75	19.00
Swiss Franc (CHF)	160.35	161.25
Thai Bhat (THB)	4.80	4.90
U.A.E Dirham (AED)	50.50	51.00
UK Pound Sterling (GBP)	232.00	235.00
US Dollar (USD)	191.00	193.00

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 12, 2022

May 13, 2022

Pakistani Rupee to US Dollar on May 13, 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 13, 2022:

Buying: Rs 191.00 to the US Dollar

Selling: Rs 193.00 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 09:10 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 12, 2022

May 13, 2022
Pakistani Rupee to UAE Dirham on May 13, 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 13, 2022:

Buying: Rs 50.50 to the UAE Dirham

Selling: Rs 51.00 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 09:07 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 12, 2022

May 13, 2022
Pakistani Rupee to UK Pound Sterling on May 13, 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 13, 2022:

Buying: Rs 232.00 to the UK Pound Sterling

Selling: Rs 235.00 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 09:01 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 12, 2022

May 13, 2022