Karachi, May 12, 2022 – The buying and selling rates of the UK Pound Sterling (GBP) against the Pakistani Rupee (PKR) continued to reflect fluctuations influenced by market demand and currency availability. As per the latest update issued at 8:12 PM Pakistan Standard Time (PST), the exchange rates in the open market were as follows:
(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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Pakistani Rupee to Euro on May 12, 2022
KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on May 12, 2022:
Buying: Rs 198.00 to the Euro
Selling: Rs 200.00 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 8:12 PM 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.
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Pakistani Rupee to Saudi Riyal on May 12, 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 12, 2022:
Buying: Rs 49.50 to the Saudi Riyal
Selling: Rs 50.10 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 8:12 PM 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.
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Rupee crashes to record low at Rs190.02 against dollar
KARACHI: The Pakistan Rupee (PKR) crashed to new record low at Rs190.02 to the dollar in interbank foreign exchange market on Wednesday.
The exchange rate witnessed a decline of Rs1.36 to end at Rs190.02 to the dollar from previous day’s closing of Rs188.66 in the interbank foreign exchange market.
READ MORE: Rupee hits all-time low at Rs188.66 to dollar
Currency experts said that balance of payment crisis were impacting the rupee value.
They said that high import payment and scheduled repayment of foreign debt had increased dollar demand.
The rupee has fallen sharply during first three days of the current week.
READ MORE: Dollar ends Rs187.53 at interbank market close
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.
The depleting foreign exchange reserves are also putting pressure on the local currency.
READ MORE: Rupee falls Rs187.50 to dollar at market open
According to details released by the State Bank of Pakistan (SBP), the official reserves of the central bank fell by $328 million to $10.558 billion by the week ended April 23, 2022 as compared with $10.886 billion a week ago. The net foreign exchange reserves of the SBP also include $3 billion from Saudi Arabia, which was deposited with the central bank to support balance of payment.
The foreign exchange reserves of the country fell to $16.668 billion by week ended April 23, 2022 as compared with $17.045 billion by week ended April 16, 2022.
READ MORE: Rupee falls 94 paisas to dollar in post Eid holidays
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.
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.
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Foreign currency rates in Pak Rupee – May 11, 2022
KARACHI: Following are the open market exchange rates of foreign currencies in Pak Rupee (PKR) in Pakistan on May 11, 2022 (The rates are updated at 12:08 PM (Pakistan Standard Time):
Currency Buying Selling Australian Dollar (AUD) 133.00 135.00 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) 236.00 239.00 US Dollar (USD) 189.00 191.50 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 May 11, 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 11, 2022:
Buying: Rs 189.00 to the US Dollar
Selling: Rs 191.50 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 12:08 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.
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Pakistani Rupee to UAE Dirham on May 11, 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 11, 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 12:08 PM 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.
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Pakistani Rupee to UK Pound Sterling on May 11, 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 11, 2022:
Buying: Rs 236.00 to the UK Pound Sterling
Selling: Rs 239.00 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 12:08 PM 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.
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Pakistani Rupee to Euro on May 11, 2022
KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on May 11, 2022:
Buying: Rs 198.00 to the Euro
Selling: Rs 200.00 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 12:08 PM 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.
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Pakistani Rupee to Saudi Riyal on May 11, 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 11, 2022:
Buying: Rs 49.50 to the Saudi Riyal
Selling: Rs 50.10 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 12:08 PM 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.