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 April 17, 2022

    Pakistani Rupee to Saudi Riyal on April 17, 2022

    KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on April 17, 2022:

    Buying: Rs 48.65 to the Saudi Riyal

    Selling: Rs 49.30 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 05:48 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.

  • Bitcoin to Pak Rupee on April 17, 2022

    Bitcoin to Pak Rupee on April 17, 2022

    KARACHI: The exchange rate of Bitcoin (BTC) in Pak Rupee (PKR) is Rs7,353,594.42 on April 17, 2022 at 5:22 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate Rs7,355,750.04 at closing on April 16, 2022.

    The rate of Bitcoin in US Dollar (USD) is $40,437.69 on April 17, 2022 at 5:22 AM Pakistan Standard Time (PST) in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate $40,449.55 at closing on April 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.

  • Ripple to Pak Rupee on April 17, 2022

    Ripple to Pak Rupee on April 17, 2022

    The exchange rate of Ripple (XRP) against the Pakistani Rupee (PKR) remains stable, with the rate standing at Rs141.81 as of 5:16 AM Pakistan Standard Time (PST) in the open exchange market.

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  • Dogecoin to Pak Rupee on April 17, 2022

    Dogecoin to Pak Rupee on April 17, 2022

    KARACHI: The exchange rate of Dogecoin (DOGE) in Pak Rupee (PKR) is Rs26.11 on April 17, 2022 at 5:08 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate Rs26.55 at closing on April 16, 2022.

    The rate of Dogecoin in US Dollar (USD) is $0.14 on April 17, 2022 at 5:08 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate $0.15 at closing on April 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.

  • Dollar plummets against PKR for seven consecutive days

    Dollar plummets against PKR for seven consecutive days

    KARACHI: The US dollar plummeted against the Pakistan Rupee (PKR) for the last seven consecutive trading sessions on Saturday.

    The foreign currency is losing value to the local currency since sharp increase in policy rate announced on April 07, 2022.

    READ MORE: Dollar retreats for 6th straight day; falls to Rs181.58

    The exchange rate ended at Rs181.55 to the dollar on Saturday as compared with previous day’s closing of Rs181.58 in the interbank foreign exchange market.

    The local currency has made sharp recovery against the dollar since the significant raise was announced in the policy rate on April 07, 2022.

    The State Bank of Pakistan (SBP) announced an unprecedented increase in policy rate by 250 basis points to 12.25 per cent. The massive rise in interest rate surprised the market and trade and industry are in state of shock. The massive hike in policy rate also resulted in a sudden decline in demand for dollar.

    READ MORE: Rupee up 13 paisas to continue recovery against dollar

    This is the reason behind five consecutive gain in rupee value during past five trading sessions.

    The rupee hit all-time low of Rs188.18 to the dollar on April 07, 2022. Since then the rupee recovered Rs6.63 against the dollar during past six straight trading sessions.

    The SBP noted that the recent developments necessitated a strong and proactive policy response.

    Accordingly, the Monetary Policy Committee (MPC) decided at its emergency meeting today, to raise the policy rate by 250 basis points to 12.25 percent.

    READ MORE: Rupee continues recovery to dollar for 4th straight day

    This increases forward-looking real interest rates (defined as the policy rate less expected inflation) to mildly positive territory. The MPC was of the view that this action would help to safeguard external and price stability.

    The MPC also noted that SBP is in the process of taking further actions to reduce pressures on inflation and the current account, namely an increase in the interest rate on the export refinance scheme (EFS) and widening the set of import items subject to cash margin requirements. These items are mostly finished goods including luxury items and exclude raw materials.

    The announcement of these measures is expected soon and will complement the action taken by the MPC on interest rates.

    READ MORE: Rupee makes recovery to dollar for third straight day

  • Foreign currency rates in Pak Rupee – April 16, 2022

    Foreign currency rates in Pak Rupee – April 16, 2022

    KARACHI: Following are the open market exchange rates of foreign currencies in Pak Rupee (PKR) in Pakistan on April 16, 2022 (The rates are updated at 05:39 AM (Pakistan Standard Time):

    CurrencyBuyingSelling
    Australian Dollar (AUD)133.00135.00
    Bahrain Dinar (BHD)386.60388.60
    Canadian Dollar (CAD)141.00143.00
    China Yuan (CNY)23.5523.95
    Danish Krone (DNK)23.6523.95
    Euro (EUR)193.50195.50
    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)39.9540.55
    Saudi Riyal (SAR)48.6549.30
    Singapore Dollar (SGD)129.50131.00
    Swedish Korona (SEK)18.7519.00
    Swiss Franc (CHF)160.35161.25
    Thai Bhat (THB)4.804.90
    U.A.E Dirham (AED)48.7549.40
    UK Pound Sterling (GBP)233.00235.50
    US Dollar (USD)181.00183.00

    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.

  • Pakistani Rupee to US Dollar on April 16, 2022

    Pakistani Rupee to US Dollar on April 16, 2022

    KARACHI: Following are the rates of buying and selling of one US dollar (USD) in Pakistani Rupee (PKR) in the open market on April 16, 2022:

    Buying: Rs 181.00 to the US Dollar

    Selling: Rs 183.00 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 05:35 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 UAE Dirham on April 16, 2022

    Pakistani Rupee to UAE Dirham on April 16, 2022

    KARACHI: Following are the rates of buying and selling of one UAE Dirham (AED) in Pakistani Rupee (PKR) in the open market on April 16, 2022:

    Buying: Rs 48.75 to the UAE Dirham

    Selling: Rs 49.40 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 05:34 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 UK Pound Sterling on April 16, 2022

    Pakistani Rupee to UK Pound Sterling on April 16, 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 April 16, 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 05:30 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 Euro on April 16, 2022

    Pakistani Rupee to Euro on April 16, 2022

    KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on April 16, 2022:

    Buying: Rs 193.50 to the Euro

    Selling: Rs 195.50 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 05:27 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.