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  • Pakistani rupee may devalue to PKR 270 against dollar by year end: report

    Pakistani rupee may devalue to PKR 270 against dollar by year end: report

    KARACHI: Pakistani rupee likely devalue to PKR 270 against the dollar by end of the current fiscal year or June 30, 2023, a report said on Saturday.

    The report released by Topline Securities, predicted that rupee to reach PKR 270 by Jun 2023 with FY23 average of Rs241.

    READ MORE: PKR ends stable to dollar on $3 billion Saudi rollover

    With PKR likely to weaken further, inflationary pressure may persist even after 900bps increase in policy rate by SBP in last 1.5 years, the report added.

    Pakistan currency is going through lot of uncertainty in spite of 21 per cent fall in PKR against US Dollar in 2022 so far.

    Since 2019 Pakistan is following a market-based exchange rate regime. Even though official exchange rate remains in the range of Rs221-225 in recent past, black market rate is trading at a premium of more than 10 per cent at Rs240-250.

    READ MORE: SBP foreign exchange reserves fall to $7.5 billion

    The report said that since State Bank of Pakistan (SBP) has tightened rules for exchange companies, there is hardly any foreign currency supply in the open market except for few currencies available for travelers at a premium of 3 per cent.

    This reemergence of black market with 10 per cent difference, analysts at the Topline Securities believe, cannot continue for long as it has started affecting USD inflows especially inward remittances.

    Given low foreign reserves, it is highly likely that the official exchange rate will adjust to close to black market rate.

    READ MORE: Pakistan official reserves fall to around 1 ½ months import coverage

    As per their base case, the analysts expect PKR to reach Rs270 by Jun 2023 with FY23 average of Rs241. With PKR likely to weaken further, inflationary pressure may persist even after 900 basis points increase in policy rate by SBP in last 1.5 years.

    Now with SBP revising its FY23 estimate of CPI to 21-23 per cent, they think interest rates to remain at higher levels. In Base Case under IMF supervision this tightened monetary policy will continue in 2023 also. Though the analysts expect Consumer Price Index (CPI) inflation coming down to 14 per cent in FY24, but policy rate will remain around 15 per cent.

    READ MORE: PKR remains resilient against dollar, makes 26 paisas gain

  • PKR to USD on December 03, 2022

    PKR to USD on December 03, 2022

    KARACHI: Following are the rates of buying and selling of one US dollar (USD) in Pakistani Rupee (PKR) in the open market on December 03, 2022:

    (more…)
  • PKR ends stable to dollar on $3 billion Saudi rollover

    PKR ends stable to dollar on $3 billion Saudi rollover

    KARACHI: Pakistani Rupee (PKR) ended stable against the dollar on Friday owing to Saudi rollover of $3 billion.

    The exchange rate ended at PKR 223.69 to the dollar, same previous day level, in the interbank foreign exchange market.

    Currency experts said that the market had witnessed high dollar demand owing to import and corporate payments.

    READ MORE: SBP foreign exchange reserves fall to $7.5 billion

    However, the reports of Saudi approval for extension the term of deposit had support the rupee value.

    The Saudi Fund for Development (SFD) extended the term for the deposit provided by the Kingdom of Saudi Arabia in the amount of $3 billion to the State Bank of Pakistan.

    The extension of the term of the deposit is a continuation of the support provided by the government of the Kingdom of Saudi Arabia to the Islamic Republic of Pakistan, as the deposit aimed to shore up the foreign currency reserves in the Bank and help Pakistan in facing the economic repercussions of the COVID-19 pandemic; it, furthermore, contributed to meet external sector challenges and achieve sustainable economic growth for the country.

    READ MORE: Pakistan official reserves fall to around 1 ½ months import coverage

    Currency experts said that tightening of monetary policy and contraction in import payment demand helped the rupee to make recovery.

    They said that the SBP should be more vigilant because latest efforts were not enough as Pakistan’s external sector was facing huge challenges.

    Latest investment data revealed the foreign direct investment plunged by 52 per cent in first four months of the current fiscal year.

    The current account deficit recorded a contraction in the first four months of the current fiscal year, but it swelled when compared with the previous month.

    Pakistan needs foreign inflows on urgent basis to avoid balance of payment crisis. The foreign exchange reserves of Pakistan fell sharply during past few months making it difficult for the government to fulfill its foreign repayment commitments.

    READ MORE: Pakistan forex reserves inch up to $13.796 billion

    Official foreign exchange reserves of State Bank of Pakistan (SBP) have depleted by $327 million by week ended November 25, 2022 leaving import cover of only one and half months.

    The official foreign exchange reserves of the SBP fell by $327 million to $7.499 billion by week ended November 25, 2022 as compared with $7.826 billion a week ago.

    The import bill of the country was at $4.71 billion in October 2022, according to Pakistan Bureau of Statistics (PBS). According to the month import bill the existing foreign exchange reserves of the SBP have reduced to cover only 1.56 months import payment.

    The central bank attributed the decline in official reserves to repayment against external debt.

    READ MORE: Pakistan FX reserves slip sharply by $958 mn on external payments

    The foreign exchange reserves held by the central bank witnessed a record high at $20.146 billion by week ended August 27, 2021. Since then the official reserves of the SBP dropped by $12.647 billion.

    The total reserves of the country fell by $267 million to $13.378 billion by week ended November 25, 2022 as compared with $13.645 billion a week ago.

    The country’s foreign exchange reserves hit all-time high of $27.228 billion on August 27, 2021. Since then the foreign exchange reserves have declined by $13.850 billion.

  • PKR to USD on December 02, 2022

    PKR to USD on December 02, 2022

    KARACHI: Following are the rates of buying and selling of one US dollar (USD) in Pakistani Rupee (PKR) in the open market on December 02, 2022:

    Buying: Rs 229.25 to the US Dollar

    Selling: Rs 231.50 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 09:00 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.

    PKR to USD on December 01, 2022

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    PKR to SAR on December 02, 2022

    KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on December 02, 2022:

    Buying: Rs 63.00 to the Saudi Riyal

    Selling: Rs 63.63 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 09:00 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.

    PKR to SAR on December 01, 2022

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    PKR to EUR on December 02, 2022

    KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on December 02, 2022:

    Buying: Rs 246.50 to the Euro

    Selling: Rs 249.00 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 09:00 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.

    PKR to EUR on December 01, 2022

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    PKR to GBP on December 02, 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 December 02, 2022:

    Buying: Rs 287.10 to the UK Pound Sterling

    Selling: Rs 290.00 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 09:00 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.

    PKR to GBP on December 01, 2022

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    PKR to AED on December 02, 2022

    KARACHI: Following are the rates of buying and selling of one UAE Dirham (AED) in Pakistani Rupee (PKR) in the open market on December 02, 2022:

    Buying: Rs 65.00 to the UAE Dirham

    Selling: Rs 65.65 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 09:00 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.

    PKR to AED on December 01, 2022

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    PKR to CAD on December 02, 2022

    KARACHI: Following are the rates of buying and selling of one Canadian Dollar (CAD) in Pakistani Rupee (PKR) in the open market on December 02, 2022:

    Buying: Rs 175.50 to the Canadian Dollar

    Selling: Rs 177.50 to the Canadian 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 for foreign currency from a customer.

    The rate has been updated at 09:00 AM Pakistan Standard Time (PST).

    The Canadian Dollar /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.

    PKR to CAD on December 01, 2022

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    Disclaimer: Team PKRevenue.com provides the available rates of the open market, which are subject to change every hour. The given rates are opening for the day. 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.

  • PKR remains resilient against dollar, makes 26 paisas gain

    PKR remains resilient against dollar, makes 26 paisas gain

    KARACHI: Pakistani Rupee (PKR) remained resilient against the US dollar on Thursday and recovered 26 paisas in interbank foreign exchange market.

    (more…)
  • PKR to USD on December 01, 2022

    PKR to USD on December 01, 2022

    KARACHI: Following are the rates of buying and selling of one US dollar (USD) in Pakistani Rupee (PKR) in the open market on December 01, 2022:

    Buying: Rs 229.25 to the US Dollar

    Selling: Rs 231.50 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 09:00 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.

    PKR to USD on November 30, 2022

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    PKR to SAR on December 01, 2022

    KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on December 01, 2022:

    Buying: Rs 63.00 to the Saudi Riyal

    Selling: Rs 63.63 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 09:00 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.

    PKR to SAR on November 30, 2022

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    PKR to EUR on December 01, 2022

    KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on December 01, 2022:

    Buying: Rs 244.50 to the Euro

    Selling: Rs 247.00 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 09:00 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.

    PKR to EUR on November 30, 2022

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    PKR to GBP on December 01, 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 December 01, 2022:

    Buying: Rs 283.00 to the UK Pound Sterling

    Selling: Rs 285.50 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 09:00 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.

    PKR to GBP on November 30, 2022

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    PKR to AED on December 01, 2022

    KARACHI: Following are the rates of buying and selling of one UAE Dirham (AED) in Pakistani Rupee (PKR) in the open market on December 01, 2022:

    Buying: Rs 65.00 to the UAE Dirham

    Selling: Rs 66.65 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 09:00 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.

    PKR to AED on November 30, 2022

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    PKR to CAD on December 01, 2022

    KARACHI: Following are the rates of buying and selling of one Canadian Dollar (CAD) in Pakistani Rupee (PKR) in the open market on December 01, 2022:

    Buying: Rs 173.00 to the Canadian Dollar

    Selling: Rs 175.00 to the Canadian 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 for foreign currency from a customer.

    The rate has been updated at 09:00 AM Pakistan Standard Time (PST).

    The Canadian Dollar /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.

    PKR to CAD on November 30, 2022

    ————————————————-

    Disclaimer: Team PKRevenue.com provides the available rates of the open market, which are subject to change every hour. The given rates are opening for the day. 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.

  • PKR ends firmer to dollar amid payment demand

    PKR ends firmer to dollar amid payment demand

    KARACHI: Pakistani Rupee (PKR) ended firmer against the US dollar on Wednesday amid foreign currency demand for import and corporate payments.

    The exchange rate remained ended at PKR 223.95 to the dollar, the same last day closing, in the interbank foreign exchange market.

    Currency experts said that the market witnessed higher dollar demand for import and corporate payments.

    READ MORE: PKR ends unchanged to dollar as Pakistan receives inflows

    Besides, it is important to note that the country is scheduled to make payment of $1.08 billion against international Sukuks.

    The positive sentiments prevailed in the market as the government on November 29, 2022 received $ 500 million from Asian Infrastructure Investment Bank (AIIB). The funds are deposited with SBP and will augment our reserves.

    Experts said that the increase in benchmark policy rate by 100 basis points to 16 per cent also discouraged the manufacturing sector to import raw material at high borrowing cost.

    READ MORE: PKR ends stable to dollar amid repayment pressure

    They said that the SBP should be more vigilant were not enough as Pakistan’s external sector was facing huge challenges.

    Latest investment data released by revealed the foreign direct investment plunged by 52 per cent in first four months of the current fiscal year.

    The current account deficit recorded contraction in the first four months of the current fiscal year it swelled when compared with the previous month.

    READ MORE: Rupee falls slightly to dollar amid foreign payment pressure

    Pakistan needs foreign inflows on urgent basis to avoid balance of payment crisis. The foreign exchange reserves of Pakistan fell sharply during past few months making it difficult for the government to fulfill its foreign repayment commitments.

    Foreign exchange (forex) reserves of Pakistan were at $13.796 billion by week ended November 11, 2022 as compared with $13.721 billion a week ago i.e. November 04, 2022.

    The country’s foreign exchange reserves hit all-time high of $27.228 billion on August 27, 2021. Since then the foreign exchange reserves have declined by $13.432 billion.

    READ MORE: PKR slumps to dollar amid SBP tight monitoring

    The official foreign exchange reserves of the State Bank nominally increased by $3 million to 7.96 billion by week ended November 11, 2022 as compared with $7.957 billion a week ago.

    The foreign exchange reserves held by the central bank witnessed a record high at $20.146 billion by week ended August 27, 2021. Since then the official reserves of the SBP dropped by $12.185 billion.

  • PKR to USD on November 30, 2022

    PKR to USD on November 30, 2022

    KARACHI: Following are the rates of buying and selling of one US dollar (USD) in Pakistani Rupee (PKR) in the open market on November 30, 2022:

    Buying: Rs 228.75 to the US Dollar

    Selling: Rs 231.00 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 09:00 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.

    PKR to USD on November 29, 2022

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    PKR to SAR on November 30, 2022

    KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on November 30, 2022:

    Buying: Rs 63.40 to the Saudi Riyal

    Selling: Rs 64.05 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 09:00 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.

    PKR to SAR on November 29, 2022

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    PKR to EUR on November 30, 2022

    KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on November 30, 2022:

    Buying: Rs 245.00 to the Euro

    Selling: Rs 248.00 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 09:00 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.

    PKR to EUR on November 29, 2022

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    PKR to GBP on November 30, 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 November 30, 2022:

    Buying: Rs 284.00 to the UK Pound Sterling

    Selling: Rs 287.00 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 09:00 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.

    PKR to GBP on November 29, 2022

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    PKR to AED on November 30, 2022

    KARACHI: Following are the rates of buying and selling of one UAE Dirham (AED) in Pakistani Rupee (PKR) in the open market on November 30, 2022:

    Buying: Rs 65.40 to the UAE Dirham

    Selling: Rs 66.05 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 09:00 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.

    PKR to AED on November 29, 2022

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    PKR to CAD on November 30, 2022

    KARACHI: Following are the rates of buying and selling of one Canadian Dollar (CAD) in Pakistani Rupee (PKR) in the open market on November 30, 2022:

    Buying: Rs 174.80 to the Canadian Dollar

    Selling: Rs 176.80 to the Canadian 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 for foreign currency from a customer.

    The rate has been updated at 09:00 AM Pakistan Standard Time (PST).

    The Canadian Dollar /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.

    PKR to CAD on November 29, 2022

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    Disclaimer: Team PKRevenue.com provides the available rates of the open market, which are subject to change every hour. The given rates are opening for the day. 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.

  • PKR ends unchanged to dollar as Pakistan receives inflows

    PKR ends unchanged to dollar as Pakistan receives inflows

    KARACHI: Pakistani Rupee (PKR) ended unchanged against the US dollar on Tuesday as the country received $500 million to strengthen external sector.

    The exchange rate ended at the same last day’s level of PKR 293.95 to the dollar in the interbank foreign exchange reserves.

    Currency experts said that the rupee was under immense pressure due to scheduled payment of about $1.08 billion against commercial loans by December 02, 2022.

    READ MORE: PKR ends stable to dollar amid repayment pressure

    However, the latest inflows would help the State Bank to buffer its reserves and cool down the prevailing perception of default.

    The government on November 29, 2022 received $ 500 million from Asian Infrastructure Investment Bank (AIIB). The funds are deposited with SBP and will augment our reserves.

    Experts said that the increase in benchmark policy rate by 100 basis points to 16 per cent also discouraged the manufacturing sector to import raw material at high borrowing cost.

    READ MORE: Rupee falls slightly to dollar amid foreign payment pressure

    They said that the SBP should be more vigilant were not enough as Pakistan’s external sector was facing huge challenges.

    Latest investment data released by revealed the foreign direct investment plunged by 52 per cent in first four months of the current fiscal year.

    The current account deficit recorded contraction in the first four months of the current fiscal year it swelled when compared with the previous month.

    Pakistan needs foreign inflows on urgent basis to avoid balance of payment crisis. The foreign exchange reserves of Pakistan fell sharply during past few months making it difficult for the government to fulfill its foreign repayment commitments.

    Foreign exchange (forex) reserves of Pakistan were at $13.796 billion by week ended November 11, 2022 as compared with $13.721 billion a week ago i.e. November 04, 2022.

    The country’s foreign exchange reserves hit all-time high of $27.228 billion on August 27, 2021. Since then the foreign exchange reserves have declined by $13.432 billion.

    READ MORE: PKR slumps to dollar amid SBP tight monitoring

    The official foreign exchange reserves of the State Bank nominally increased by $3 million to 7.96 billion by week ended November 11, 2022 as compared with $7.957 billion a week ago.

    The foreign exchange reserves held by the central bank witnessed a record high at $20.146 billion by week ended August 27, 2021. Since then the official reserves of the SBP dropped by $12.185 billion.

    READ MORE: Rupee fails to maintain recovery; dollar gains to PKR 223.81

  • PKR to USD on November 29, 2022

    PKR to USD on November 29, 2022

    KARACHI: Following are the rates of buying and selling of one US dollar (USD) in Pakistani Rupee (PKR) in the open market on November 29, 2022:

    Buying: Rs 228.75 to the US Dollar

    Selling: Rs 231.00 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 09:00 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.

    PKR to USD on November 28, 2022

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    PKR to SAR on November 29, 2022

    KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on November 29, 2022:

    Buying: Rs 63.0 to the Saudi Riyal

    Selling: Rs 63.63 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 09:00 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.

    PKR to SAR on November 28, 2022

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    PKR to EUR on November 29, 2022

    KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on November 29, 2022:

    Buying: Rs 247.50 to the Euro

    Selling: Rs 250.00 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 09:00 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.

    PKR to EUR on November 28, 2022

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    PKR to GBP on November 29, 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 November 29, 2022:

    Buying: Rs 286.10 to the UK Pound Sterling

    Selling: Rs 289.00 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 09:00 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.

    PKR to GBP on November 28, 2022

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    PKR to AED on November 29, 2022

    KARACHI: Following are the rates of buying and selling of one UAE Dirham (AED) in Pakistani Rupee (PKR) in the open market on November 29, 2022:

    Buying: Rs 65.00 to the UAE Dirham

    Selling: Rs 65.65 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 09:00 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.

    PKR to AED on November 28, 2022

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    PKR to CAD on November 29, 2022

    KARACHI: Following are the rates of buying and selling of one Canadian Dollar (CAD) in Pakistani Rupee (PKR) in the open market on November 29, 2022:

    Buying: Rs 175.00 to the Canadian Dollar

    Selling: Rs 177.00 to the Canadian 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 for foreign currency from a customer.

    The rate has been updated at 09:00 AM Pakistan Standard Time (PST).

    The Canadian Dollar /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.

    PKR to CAD on November 28, 2022

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    Disclaimer: Team PKRevenue.com provides the available rates of the open market, which are subject to change every hour. The given rates are opening for the day. 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.