KARACHI: The US dollar continued its upward trajectory in the interbank foreign exchange market on Friday, closing at Rs174. This marks a slight depreciation of the Pakistani rupee, which lost four paisas compared to the previous day’s closing rate of Rs173.96.
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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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Pakistan’s exchange rates on October 22
KARACHI: Following are the exchange rates of foreign currencies in Pak Rupee (PKR) in Pakistan on October 22, 2021 (The rates are updated at 11:40 AM):
Currency Buying Selling Australian Dollar (AUD) 128.00 129.50 Bahrain Dinar (BHD) 386.75 388.50 Canadian Dollar (CAD) 138.00 140.00 China Yuan (CNY) 23.75 23.90 Danish Krone (DNK) 23.45 23.75 Euro (EUR) 201.00 203.50 Hong Kong Dollar (HKD) 16.70 16.95 Indian Rupee (INR) 2.03 2.10 Japanese Yen (JPY) 1.41 1.44 Kuwaiti Dinar (KWD) 481.70 484.20 Malaysian Ringgit (MYR) 36.45 36.80 NewZealand $ (NZD) 96.45 97.15 Norwegians Krone (NOK) 17.50 17.75 Omani Riyal (OMR) 392.70 394.70 Qatari Riyal (QAR) 39.90 40.50 Saudi Riyal (SAR) 46.50 47.00 Singapore Dollar (SGD) 126.00 127.50 Swedish Korona (SEK) 18.35 18.60 Swiss Franc (CHF) 159.90 160.80 Thai Bhat (THB) 4.80 4.90 U.A.E Dirham (AED) 48.00 48.50 UK Pound Sterling (GBP) 238.50 241.00 US Dollar (USD) 173.80 174.80 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 advances to new high at Rs173.96
KARACHI: The Pak Rupee (PKR) fell by 49 paisas on Thursday as the dollar advanced to make a new high at Rs173.96.
The rupee ended at Rs173.96 to the dollar from the previous day’s closing of Rs173.47 in interbank foreign exchange market.
Currency experts said that volatile situations push the dollar to hit Rs174 during intraday trade.
The currency dealers said that the massive widening of the current account deficit had also had a negative impact on rupee/dollar parity.
The current account deficit ballooned to $3.4 billion during July – September 2021 as compared with a surplus of $865 million in the corresponding period of the last fiscal year, according to the SBP.
The import bill showed a 66.11 per cent growth to $18.74 billion during the first quarter of the current fiscal year as compared with $11.28 billion in the corresponding quarter of the last fiscal year.
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Pakistan’s exchange rates on October 21
KARACHI: Following are the exchange rates of foreign currencies in Pak Rupee (PKR) in Pakistan on October 21, 2021 (The rates are updated at 11:10 AM):
Currency Buying Selling Australian Dollar (AUD) 127.50 129.00 Bahrain Dinar (BHD) 386.75 388.50 Canadian Dollar (CAD) 138.00 140.00 China Yuan (CNY) 23.75 23.90 Danish Krone (DNK) 23.45 23.75 Euro (EUR) 199.50 201.50 Hong Kong Dollar (HKD) 16.70 16.95 Indian Rupee (INR) 2.03 2.10 Japanese Yen (JPY) 1.41 1.44 Kuwaiti Dinar (KWD) 481.70 484.20 Malaysian Ringgit (MYR) 36.45 36.80 NewZealand $ (NZD) 96.45 97.15 Norwegians Krone (NOK) 17.50 17.75 Omani Riyal (OMR) 392.70 394.70 Qatari Riyal (QAR) 39.90 40.50 Saudi Riyal (SAR) 45.75 46.25 Singapore Dollar (SGD) 126.00 127.50 Swedish Korona (SEK) 18.35 18.60 Swiss Franc (CHF) 159.90 160.80 Thai Bhat (THB) 4.80 4.90 U.A.E Dirham (AED) 47.25 47.70 UK Pound Sterling (GBP) 237.00 239.50 US Dollar (USD) 173.00 174.20 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 touches new peak at Rs173.47
KARACHI: The US dollar on Wednesday touched a new peak of Rs173.47 in the interbank foreign exchange market. The free-fall in the value of Pak Rupee (PKR) continued as the local unit recorded 10 percent depreciation against dollar since the start of the current fiscal year.
The rupee lost Rs15.93 to the dollar when compared the value of Rs157.54 to dollar on June 30, 2021 with Rs173.47 as on October 20, 2021.
The rupee recorded 69 paisas decline from last trading on Monday October 18, 2021 at Rs172.78 to the dollar in interbank foreign exchange market.
Currency dealers said that the market opened after the public holiday which put pressure on import payment demand. Further, the reports of significant widening in the current account deficit also put pressure on dollar demand.
The current account deficit ballooned to $3.4 billion during July – September 2021 as compared with a surplus of $865 million in the corresponding period of the last fiscal year, according to the State Bank of Pakistan (SBP).
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Dollar hits Rs173 in early trade
KARACHI: The US dollar is remained unabated as the greenback reached to a new peak of Rs173 in early day trade. The dollar is being traded at Rs173 in interbank foreign exchange market at 09:45AM. The local currency has lost around 22 paisas against the dollar from Monday’s October 18, 2021 when it closed on the record high of Rs172.78 in the interbank foreign exchange market.
Currency dealers said that the rupee is under pressure due to public holiday observed yesterday. Further, the State Bank of Pakistan (SBP) released balance of payment data on public holiday.
According to balance of payment (BOP) statistics released by the State Bank of Pakistan (SBP) on Tuesday, the current account deficit widened to $3.4 billion during the first quarter of the current fiscal year as compared with a surplus of $865 million in the corresponding period of the last fiscal year.
The country’s trade deficit has swollen by massive 102.10 per cent to $11.75 billion during the quarter under review as compared with the deficit of $5.81 billion in the corresponding quarter of the last fiscal year.
The import bill registered a sharp growth of 66.11 per cent to $18.75 billion during July – September of the current fiscal year as compared with $11.29 billion in the same period of the last fiscal year.
Meanwhile, the exports have also exhibited a growth of 28 per cent to $6.99 billion during the quarter under review as compared with $5.47 billion in the same period of the last fiscal year.
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Pakistan’s exchange rates on October 20
KARACHI: Following are the exchange rates of foreign currencies in Pak Rupee (PKR) in Pakistan on October 20, 2021 (The rates are updated at 09:40 AM):
Currency Buying Selling Australian Dollar (AUD) 125.50 127.00 Bahrain Dinar (BHD) 386.75 388.50 Canadian Dollar (CAD) 137.00 139.00 China Yuan (CNY) 23.75 23.90 Danish Krone (DNK) 23.45 23.75 Euro (EUR) 197.00 199.00 Hong Kong Dollar (HKD) 16.70 16.95 Indian Rupee (INR) 2.03 2.10 Japanese Yen (JPY) 1.41 1.44 Kuwaiti Dinar (KWD) 481.70 484.20 Malaysian Ringgit (MYR) 36.45 36.80 NewZealand $ (NZD) 96.45 97.15 Norwegians Krone (NOK) 17.50 17.75 Omani Riyal (OMR) 392.70 394.70 Qatari Riyal (QAR) 39.90 40.50 Saudi Riyal (SAR) 45.45 46.00 Singapore Dollar (SGD) 124.00 125.50 Swedish Korona (SEK) 18.35 18.60 Swiss Franc (CHF) 159.90 160.80 Thai Bhat (THB) 4.80 4.90 U.A.E Dirham (AED) 47.00 47.50 UK Pound Sterling (GBP) 234.50 237.00 US Dollar (USD) 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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PKR derails to make record low at Rs172.78 to dollar
KARACHI: The Pak Rupee (PKR) derailed against dollar on Monday and fell to a new all-time low of Rs172.78 in the interbank foreign exchange market.
The rupee fell by Rs1.6 to end at Rs178.78 to a dollar from last Friday’s closing of Rs171.18 in the interbank foreign exchange market.
Currency experts said that the market was opened after two days holidays. Further a public holiday on October 19, 2021 put pressure on dollar demand.
They said that huge import bill during first quarter of the current fiscal year pushed up the dollar demand. The import bill of the country recorded an increase of 66.11 per cent during first quarter (July – September) 2021. The country has spent foreign exchange to the tune of $18.75 billion during first quarter of the current fiscal year as compared with $11.28 billion in the corresponding quarter of the last fiscal year.
The oil import bill is the major reason for the massive depreciation in the local currency. The oil import bill registered a phenomenal growth of 97 per cent to $4.59 billion during the first quarter of the current fiscal year as compared with $2.33 billion in the corresponding quarter of the last fiscal year.
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Pakistan’s exchange rates on October 18
KARACHI – The following are the exchange rates of major foreign currencies against the Pakistani Rupee (PKR) in the open market on October 18, 2021.
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Exchange rates in PKR vs foreign currencies on Oct 16
KARACHI: Following are the exchange rates of foreign currencies in Pak Rupee (PKR) on October 16, 2021 (The rates are updated at 10:24 AM):
Currency Buying Selling Australian Dollar 124.85 126.35 Bahrain Dinar 386.75 388.50 Canadian Dollar 136.10 138.10 China Yuan 23.75 23.90 Danish Krone 23.45 23.75 Euro 197.20 199.20 Hong Kong Dollar 16.70 16.95 Indian Rupee 2.03 2.10 Japanese Yen 1.41 1.44 Kuwaiti Dinar 481.70 484.20 Malaysian Ringgit 36.45 36.80 NewZealand $ 96.45 97.15 Norwegians Krone 17.50 17.75 Omani Riyal 392.70 394.70 Qatari Riyal 39.90 40.50 Saudi Riyal 45.45 46.05 Singapore Dollar 124.50 126 Swedish Korona 18.35 18.60 Swiss Franc 159.90 160.80 Thai Bhat 4.80 4.90 U.A.E Dirham 46.65 47.25 UK Pound Sterling 233.60 236.10 US Dollar 171.60 172.60 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.