KARACHI: The dollar depreciated by 34 paisas on Friday, closing at Rs170.53 in the interbank foreign exchange market. This marks a slight improvement for the Pakistani rupee, which had ended the previous trading session at Rs170.87 against the dollar.
(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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Exchange rates in PKR vs foreign currencies on Oct 8
KARACHI: Following are the exchange rates of foreign currencies in Pak Rupee (PKR) on October 8, 2021 (The rates are updated at 09:59 AM):
Currency Buying Selling Australian Dollar 122.60 124.10 Bahrain Dinar 386.75 388.50 Canadian Dollar 134.50 137 China Yuan 23.75 23.90 Danish Krone 23.45 23.75 Euro 197.10 199.10 Hong Kong Dollar 16.65 16.90 Indian Rupee 2.03 2.10 Japanese Yen 1.41 1.44 Kuwaiti Dinar 481.60 484.10 Malaysian Ringgit 36.45 36.80 NewZealand $ 96.35 97.05 Norwegians Krone 17.50 17.75 Omani Riyal 392.70 394.70 Qatari Riyal 39.80 40.40 Saudi Riyal 45.50 46.10 Singapore Dollar 123.65 125.15 Swedish Korona 18.30 18.55 Swiss Franc 159.80 160.70 Thai Bhat 4.80 4.90 U.A.E Dirham 47.35 48.05 UK Pound Sterling 232.10 234.60 US Dollar 171.10 172.10 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 recovers against dollar in interbank
KARACHI: The Pak Rupee (PKR) recovered nine paisas to the dollar on Thursday owing to tightening of exchange companies regulations by the State Bank of Pakistan (SBP).
The rupee ended Rs170.87 to the dollar from the previous day’s closing of Rs170.96 in the interbank foreign exchange market.
Currency experts attributed the recovery in rupee value to measures taken by the SBP a day earlier.
The SBP imposed restrictions on persons traveling to Afghanistan. The central bank allowed persons traveling Afghanistan to carry only $1,000 per person per visit with a maximum annual limit of $6,000.
The SBP also made it mandatory for exchange companies to undertake biometric verification for foreign currency sale or purchase transactions above $500.
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Exchange rates in PKR vs foreign currencies on Oct 7
KARACHI: Following are the exchange rates of foreign currencies in Pak Rupee (PKR) on October 7, 2021 (The rates are updated at 10:00 AM):
Currency Buying Selling US Dollar 171.10 172.10 Australian Dollar 122.60 124.10 Bahrain Dinar 386.75 388.50 Canadian Dollar 134.50 137.00 China Yuan 23.45 23.75 Danish Krone 23.45 23.75 Euro 1978.10 199.10 Hong Kong Dollar 16.65 16.90 Indian Rupee 2.03 2.10 Japanese Yen 1.41 1.44 Kuwaiti Dinar 481.60 484.10 Malaysian Ringgit 36.45 36.80 NewZealand $ 96.35 97.05 Norwegians Krone 17.50 17.75 Omani Riyal 392.70 394.70 Qatari Riyal 39.80 40.40 Saudi Riyal 45.50 46.10 Singapore Dollar 123.65 125.15 Swedish Korona 18.30 18.55 Swiss Franc 159.80 160.70 Thai Bhat 4.80 4.90 U.A.E Dirham 47.35 48.05 UK Pound Sterling 232.10 234.60 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.
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Dollar jumps up to make new high at Rs170.96
KARACHI: The US dollar jumped up to make a new high at Rs170.96 on Wednesday in the interbank foreign exchange market.
The Pak Rupee (PKR) fell by 16 paisas to end at Rs170.96 from previous day’s close of Rs170.80 in the interbank foreign exchange market.
Currency experts said that rising dollar demand for import payment had deteriorated the rupee value. They said that panic buying for dollars was seen during the day after the report of a massive surge in import bill during the first quarter of the current fiscal year.
The import bill of the country registered a record increase of 65 per cent to $18.63 billion during July – September of the current fiscal year as compared with $11.28 billion in the corresponding period of the last year.
The higher import bill also widened the trade deficit significantly. The trade deficit ballooned by 100 per cent to $11.66 billion during the quarter under review as compared with the deficit of $5.81 billion in the same period of the last year.
Since the start of the current fiscal year the rupee was under pressure. The high dollar demand for import payment may be attributed to ease in cases of coronavirus cases and enhanced industrial and commercial activities.
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Exchange rates in PKR vs foreign currencies on Oct 6
KARACHI: Following are the exchange rates of foreign currencies in Pak Rupee (PKR) on October 6, 2021 (The rates are updated at 08:48 AM):
Currency Buying Selling Australian Dollar 123.10 125.10 Bahrain Dinar 386.70 388.46 Canadian Dollar 135.60 137.60 China Yuan 23.75 23.90 Danish Krone 23.45 23.75 Euro 198.60 200.10 Hong Kong Dollar 16.65 16.90 Indian Rupee 2.03 2.10 Japanese Yen 1.41 1.44 Kuwaiti Dinar 481.60 484.10 Malaysian Ringgit 36.45 36.80 NewZealand $ 96.30 97 Norwegians Krone 17.50 17.75 Omani Riyal 392.70 394.70 Qatari Riyal 39.80 40.40 Saudi Riyal 45.05 45.55 Singapore Dollar 122.60 124.10 Swedish Korona 18.30 18.55 Swiss Franc 159.80 160.70 Thai Bhat 4.80 4.90 U.A.E Dirham 46.55 47.05 UK Pound Sterling 232.10 234.60 US Dollar 172.40 173.40 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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Dollar maintains record high level in interbank
KARACHI: The dollar maintained the highest peak against the Pak Rupee in the interbank foreign exchange market on Tuesday.
The rupee ended Rs170.80 to the dollar, which is also the same previous day’s closing level in the interbank foreign exchange market. The dollar is at the highest level against the local unit.
Currency experts said that a day earlier the State Bank of Pakistan (SBP) took another measure to support the rupee. The central bank reduced the retention period of foreign exchange by exporters from five days to three days.
They said that the dollar demand for import payment remained high. The dollar demand had increased further after the reports of 65 per cent growth in import bill during the first quarter of the current fiscal year.
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Exchange rates in PKR vs foreign currencies on Oct 5
KARACHI: Following are the exchange rates of foreign currencies in Pak Rupee (PKR) on October 5, 2021 (The rates are updated at 12:42 AM):
Currency Buying Selling Australian Dollar 123.10 125.10 Bahrain Dinar 386.70 388.46 Canadian Dollar 135.60 137.60 China Yuan 23.75 23.90 Danish Krone 23.45 23.75 Euro 198.60 200.10 Hong Kong Dollar 16.65 16.90 Indian Rupee 2.03 2.10 Japanese Yen 1.41 1.44 Kuwaiti Dinar 481.60 484.10 Malaysian Ringgit 36.45 36.80 NewZealand $ 96.30 97 Norwegians Krone 17.50 17.75 Omani Riyal 392.70 394.70 Qatari Riyal 39.80 40.40 Saudi Riyal 45.05 45.55 Singapore Dollar 122.60 124.10 Swedish Korona 18.30 18.55 Swiss Franc 159.80 160.70 Thai Bhat 4.80 4.90 U.A.E Dirham 46.55 47.05 UK Pound Sterling 232.10 234.60 US Dollar 172.40 173.40 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 makes fresh lows against dollar
KARACHI: The Pak Rupee (PKR) fell to a new record low against the dollar at Rs170.80 on Monday. The high demand for import and corporate payments kept the local unit under pressure.
The rupee fell by 32 paisas to Rs170.80 to the dollar from last Friday’s closing of Rs170.48 in the interbank foreign exchange market.
Currency experts attributed the fresh low of rupee to the opening of the market after two weekly-holiday. They further said that higher import bill also escalated the demand for the dollar.
The rupee hit all-time low at Rs170.66 against the dollar on September 30, 2021.
The State Bank of Pakistan (SBP) last week announced measures to discourage imports and support balance of payment. However, these measures have failed so far to support the local currency.
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Exchange rates in PKR vs foreign currencies on Oct 4
KARACHI: Following are the exchange rates of foreign currencies in Pak Rupee (PKR) on October 4, 2021 (The rates are updated at 11:35AM):
Currency Buying Selling Australian Dollar 123 125 Bahrain Dinar 386.60 388.36 Canadian Dollar 135.50 137.50 China Yuan 23.70 23.85 Danish Krone 23.40 23.70 Euro 198.50 200 Hong Kong Dollar 16.60 16.85 Indian Rupee 2.03 2.10 Japanese Yen 1.41 1.44 Kuwaiti Dinar 481.50 484 Malaysian Ringgit 36.40 36.75 NewZealand $ 96.25 96.95 Norwegians Krone 17.45 17.70 Omani Riyal 392.60 394.60 Qatari Riyal 39.75 40.35 Saudi Riyal 45 45.50 Singapore Dollar 122.50 124 Swedish Korona 18.25 18.50 Swiss Franc 159.70 160.60 Thai Bhat 4.80 4.90 U.A.E Dirham 46.50 47 UK Pound Sterling 232 234.50 US Dollar 172.30 173.30 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.