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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.

  • Today’s currency exchange rates in PKR – Dec 09, 2021

    Today’s currency exchange rates in PKR – Dec 09, 2021

    KARACHI: Following are the open market exchange rates of foreign currencies in Pak Rupee (PKR) in Pakistan on December 09, 2021 (The rates are updated at 09:06 AM Pakistan Standard Time):

    CurrencyBuyingSelling
    Australian Dollar (AUD)124.50125.50
     Bahrain Dinar (BHD)386.85388.60
     Canadian Dollar (CAD)138.50140.00
     China Yuan (CNY)23.7523.90
     Danish Krone (DNK)23.5023.80
     Euro (EUR)199.00201.00
     Hong Kong Dollar (HKD)16.7517.00
     Indian Rupee (INR)2.032.10
     Japanese Yen (JPY)1.411.44
     Kuwaiti Dinar (KWD)481.80484.30
     Malaysian Ringgit (MYR)36.5036.85
     NewZealand $ (NZD)96.5597.25
     Norwegians Krone (NOK)17.5017.75
     Omani Riyal (OMR)392.75394.78
     Qatari Riyal (QAR)39.9040.50
     Saudi Riyal (SAR)47.0047.50
     Singapore Dollar (SGD)128.00129.30
     Swedish Korona (SEK)18.5018.75
     Swiss Franc (CHF)159.90160.80
     Thai Bhat (THB)4.804.90
     U.A.E Dirham (AED)48.4048.90
     UK Pound Sterling (GBP)235.00237.50
     US Dollar (USD)177.75179.25

    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.

    Today’s currency exchange rates in PKR – Dec 08, 2021
  • Dollar climbs up to historic high at Rs177.43

    Dollar climbs up to historic high at Rs177.43

    KARACHI: The US dollar climbed up to a new record high of Rs177.43 at the closing of interbank foreign exchange market on Wednesday.

    The dollar reached crossed the previous record high which was on December 7, 2021 at Rs176.79 in the interbank foreign exchange market. The Pak Rupee (PKR) lost 64 paisas against the dollar when compared with the last day closing.

    Currency experts said that the dollar demand for import and corporate payments were remained high during the day.

    They said that deposit of $3 billion by Saudi Development Fund (SDF) with the State Bank of Pakistan (SBP) had failed to impact the rupee value. Further, the monetary tightening by the SBP also unable to support the rupee. The SBP in its last monetary policy on November 19, 2021 jacked up the key policy rate by 150 basis points to 8.75 per cent.

    READ MORE: SBP increases policy rate by 150 basis points to 8.75%

    The experts said that the local unit would only be supported by curtailing the imports.

    The import bill of the country surged by 69.17 per cent to $33 billion during first five months (July – November) 2021/2022 as compared with $19.47 billion in the corresponding months of the last fiscal year.

    Dollar makes new high at PKR 177.35 at midday trading
  • Dollar makes new high at PKR 177.35 at midday trading

    Dollar makes new high at PKR 177.35 at midday trading

    KARACHI: The US dollar recorded an all-time high of Rs177.35 during midday trading at Interbank Foreign Exchange Market on Wednesday.

    The Pak Rupee (PKR) ended previous record low at Rs176.79 to the dollar on December 07, 2021.

    The rupee is facing deterioration due to large import bill.

    According to the official data of the Pakistan Bureau of Statistics (PBS) released a day earlier, showed the import bill of the country surged by 69.17 per cent to $33 billion during first five months (July – November) 2021/2022 as compared with $19.47 billion in the corresponding months of the last fiscal year.

    Rupee slide continues; dollar hits new high at Rs176.79
  • Today’s currency exchange rates in PKR – Dec 08, 2021

    Today’s currency exchange rates in PKR – Dec 08, 2021

    KARACHI: Following are the open market exchange rates of foreign currencies in Pak Rupee (PKR) in Pakistan on December 08, 2021 (The rates are updated at 10:10 AM Pakistan Standard Time):

    Australian Dollar (AUD)123.25124.50
     Bahrain Dinar (BHD)386.85388.60
     Canadian Dollar (CAD)137.50139
     China Yuan (CNY)23.7523.90
     Danish Krone (DNK)23.5023.80
     Euro (EUR)198.50200.50
     Hong Kong Dollar (HKD)16.7517
     Indian Rupee (INR)2.032.10
     Japanese Yen (JPY)1.411.44
     Kuwaiti Dinar (KWD)481.80484.30
     Malaysian Ringgit (MYR)36.5036.85
     NewZealand $ (NZD)96.5597.25
     Norwegians Krone (NOK)17.5017.75
     Omani Riyal (OMR)392.75394.78
     Qatari Riyal (QAR)39.9040.50
     Saudi Riyal (SAR)46.8547.35
     Singapore Dollar (SGD)127.50128.80
     Swedish Korona (SEK)18.5018.75
     Swiss Franc (CHF)159.90160.80
     Thai Bhat (THB)4.804.90
     U.A.E Dirham (AED)47.8048.30
     UK Pound Sterling (GBP)234.50237
     US Dollar (USD)177178.60

    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.

  • Rupee slide continues; dollar hits new high at Rs176.79

    Rupee slide continues; dollar hits new high at Rs176.79

    KARACHI: The free fall in rupee value continued on Tuesday as the dollar hit new high at Rs176.79 in the interbank foreign exchange market.

    The Pak Rupee (PKR) lost 31 paisas against the dollar to end at Rs176.79 from the previous day’s closing of Rs176.48 in the interbank foreign exchange market.

    The rupee previously fell to the record low at Rs176.77 on December 3, 2021.

    Currency experts said that dollar demand remained high and offset the impact of Saudi fund support.

    The Saudi Development Fund (SDF) placed an amount of $3 billion with the State Bank of Pakistan (SBP) on December 04, 2021. The market was expecting some gain in rupee value following the fund transfers. However, large import bill remained big challenge for the rupee stability.

    According to the official data of the Pakistan Bureau of Statistics (PBS) released a day earlier, showed the import bill of the country surged by 69.17 per cent to $33 billion during first five months (July – November) 2021/2022 as compared with $19.47 billion in the corresponding months of the last fiscal year.

    Dollar eases to Rs176.48 at interbank closing
  • Today’s currency exchange rates in PKR – Dec 07, 2021

    Today’s currency exchange rates in PKR – Dec 07, 2021

    KARACHI: Following are the open market exchange rates of foreign currencies in Pak Rupee (PKR) in Pakistan on December 07, 2021 (The rates are updated at 09:50 AM Pakistan Standard Time):

    CurrencyBuyingSelling
    Australian Dollar (AUD)122.00124.00
     Bahrain Dinar (BHD)386.85388.60
     Canadian Dollar (CAD)137.00138.50
     China Yuan (CNY)23.7523.90
     Danish Krone (DNK)23.5023.80
     Euro (EUR)197.00199.00
     Hong Kong Dollar (HKD)16.7517.00
     Indian Rupee (INR)2.032.10
     Japanese Yen (JPY)1.411.44
     Kuwaiti Dinar (KWD)481.80484.30
     Malaysian Ringgit (MYR)36.5036.85
     NewZealand $ (NZD)96.5597.25
     Norwegians Krone (NOK)17.5017.75
     Omani Riyal (OMR)392.75394.78
     Qatari Riyal (QAR)39.9040.50
     Saudi Riyal (SAR)46.5047.00
     Singapore Dollar (SGD)126.50128.00
     Swedish Korona (SEK)18.5018.75
     Swiss Franc (CHF)159.90160.80
     Thai Bhat (THB)4.804.90
     U.A.E Dirham (AED)48.0048.50
     UK Pound Sterling (GBP)232.50235.00
     US Dollar (USD)177.50178.75

    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.

  • Dollar eases to Rs176.48 at interbank closing

    Dollar eases to Rs176.48 at interbank closing

    KARACHI: The US dollar eased by 29 paisas against the dollar on Monday to close at Rs176.48 in the interbank foreign exchange market.

    The dollar witnessed an all-time high against the Pak Rupee (PKR) on December 03, 2021.

    The dollar weakened today due to the foreign inflows to the tune of $3 billion deposited by the Saudi Development Fund (SDF) to the State Bank of Pakistan (SBP) on December 04, 2021.

    READ MORE: Saudi Arabia places $3bn with Pakistan’s central bank

    Currency experts said that the market was expected sharp recovery in rupee value owing to the Saudi fund deposit. But the local unit only recovered 29 paisas.

    They said that the dollar demand remained high during the day for import payment as the market was opened after two weekly holidays.

    The dealers said that the large import bill remained a threat to the rupee value in the coming days.

    READ MORE: Pakistan’s trade deficit widens by 112% to $20.59 billion

    According to the official data of the Pakistan Bureau of Statistics (PBS) released a day earlier, showed the import bill of the country surged by 69.17 per cent to $33 billion during the first five months (July – November) 2021/2022 as compared with $19.47 billion in the corresponding months of the last fiscal year.

    Dollar makes new high of Rs176.77 at interbank closing
  • Today’s currency exchange rates in PKR – Dec 06, 2021

    Today’s currency exchange rates in PKR – Dec 06, 2021

    KARACHI: Following are the open market exchange rates of foreign currencies in Pak Rupee (PKR) in Pakistan on December 06, 2021 (The rates are updated at 11:10 AM Pakistan Standard Time):

    CurrencyBuyingSelling
    Australian Dollar (AUD)124.00125.50
     Bahrain Dinar (BHD)386.85388.60
     Canadian Dollar (CAD)136.50138.00
     China Yuan (CNY)23.7523.90
     Danish Krone (DNK)23.5023.80
     Euro (EUR)199.00201.00
     Hong Kong Dollar (HKD)16.7517.00
     Indian Rupee (INR)2.032.10
     Japanese Yen (JPY)1.411.44
     Kuwaiti Dinar (KWD)481.80484.30
     Malaysian Ringgit (MYR)36.5036.85
     NewZealand $ (NZD)96.5597.25
     Norwegians Krone (NOK)17.5017.75
     Omani Riyal (OMR)392.75394.78
     Qatari Riyal (QAR)39.9040.50
     Saudi Riyal (SAR)46.9047.40
     Singapore Dollar (SGD)127.00128.50
     Swedish Korona (SEK)18.5018.75
     Swiss Franc (CHF)159.90160.80
     Thai Bhat (THB)4.804.90
     U.A.E Dirham (AED)48.3048.80
     UK Pound Sterling (GBP)234.50237.00
     US Dollar (USD)177.85179.35

    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.

    Today’s currency exchange rates in PKR – Dec 03, 2021
  • Dollar makes new high of Rs176.77 at interbank closing

    Dollar makes new high of Rs176.77 at interbank closing

    KARACHI: The US dollar recorded a new high at Rs176.77 against the Pak Rupee (PKR) at the closing of the Interbank foreign exchange market on Friday.

    The dollar gained 35 paisas against the previous day’s closing of Rs176.42 in the interbank foreign exchange market. The dollar made a new peak just after a day reaching the historic high.

    Currency experts said that the high trade deficit and decline in foreign exchange reserves were major reasons behind the massive fall in rupee value.

    The official reserves of the State Bank fell by $244 million to $16.01 billion by the week ended November 26, 2021 as compared with $16.254 billion a week ago.

    The import bill of the country surged by 69.17 per cent to $33 billion during the first five months (July – November) 2021/2022 as compared with $19.47 billion in the corresponding months of the last fiscal year.

    The exports of the country also grew at 27 per cent but much lower than the pace in the growth of the import bill during the period under review. The exports of the country increased to $12.34 billion during July – November 2021/2022 as compared with $9.74 billion in the same period of the last fiscal year.

    Earlier in the day the US dollar has breached the level of Rs177 to make a new record high during intraday trading. The exchange rate reached at Rs177.30 to the dollar during midday trading in the interbank foreign exchange market.

    Dollar makes new record high of Rs176.42 to Pak Rupee
  • Dollar breaches Rs177 to make new intraday record high

    Dollar breaches Rs177 to make new intraday record high

    KARACHI: The US dollar has breached the level of Rs177 to make a new record high during intraday trading on Friday. So far the rupee lost 88 paisas against the dollar as the foreign currency is being traded at Rs177.30 in the interbank foreign exchange market. The rupee closed at Rs176.42 to the dollar a day earlier in the interbank foreign exchange market.

    The Pak Rupee is under severe pressure due to a surge in import bills and a widening of trade deficit.

    Official data revealed that Pakistan’s trade deficit ballooned by 112 per cent to $20.59 billion during the first five months (July – October) of the current fiscal year 2021/2022.

    The trade deficit was at $9.72 billion in the same months of the last fiscal year, revealed by the data released by the Pakistan Bureau of Statistics (PBS).

    Pakistan’s import bill surged by 69.17 per cent to $32.934 billion during July – November 2021/2022 as compared with $19.468 billion in the same period of the last fiscal year.

    The exports of the country also exhibited by 26.68 per cent to $12.344 billion during the period under review as compared with $9.744 billion in the corresponding period of the last fiscal year.

    The falling official foreign exchange reserves of the State Bank of Pakistan (SBP) are also another reason for the rupee deterioration. According to the data released by the SBP, its official reserves were declined by $244 million to $16.01 billion by the week ended November 26, 2021, as compared with $16.254 billion a week ago.

    Pakistan’s import cover has been reduced to two months with a reduction in official foreign exchange reserves of the State Bank of Pakistan (SBP) to $16.01 billion.

    Dollar makes new record high of Rs176.42 to Pak Rupee