Business

As of today, November 14, the exchange rate for the UAE Dirham (AED) remains steady, against Pakistani Rupee (PKR) with a buying rate of Rs. 75.35 and a selling rate of Rs. 76, according to forex.pk. This stable exchange rate allows Pakistani expatriates to convert their earnings without significant losses,...

The Saudi Riyal remained stable in Pakistan’s open market for the third consecutive day on Wednesday, with no fluctuations in exchange rates. The buying rate stood firm at Rs73.65, while the selling rate remained unchanged at Rs74.20. Saudi Arabia is a key contributor to Pakistan’s remittance inflows, as many Pakistani...

The Pakistan Stock Exchange (PSX) saw a strong gain on Thursday, with the KSE-100 Index rising by more than 500 points in intraday trading. By 11 AM, the benchmark index climbed 548.58 points, or 0.59%, reaching 93,904.00 from the previous close of 93,355.42. This positive trend follows a slight recovery...

The Pakistani Rupee showed slight appreciation against the US Dollar today, reflecting a minor improvement in its value. According to the State Bank of Pakistan's interbank closing rate, the exchange rate for 1 USD stands at 277.85 PKR, a small gain from yesterday’s rate of 277.93 PKR. 1 USD =...

KARACHI: The Gold Price constantly declining trend over a week on Tuesday, 12 November, 2024 as the price of 24-karat gold stands at Rs. 270,500 per tola in Pakistan. Prices of gold have declined by Rs 6,000 with 10 grams of gold being priced at Rs 231,911, the Karachi Sarafa...

According to the State Bank of Pakistan, the exchange rate for the Pakistani Rupee (PKR) against the US Dollar (USD) on November 5, 2024, was 277.84 PKR/USD. This marks a slight depreciation of 0.02% compared to the previous day’s rate of 277.79 PKR/USD. The image provided details the daily exchange...

Meezan Bank, Pakistan’s leading Islamic bank, has signed a strategic partnership with the International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group. This collaboration involves the ITFC Letter of Credit (LC) Confirmation product, which aims to facilitate trade flows by assuring exporters and issuing...

The State Bank of Pakistan (SBP) has issued a circular advising all commercial banks to facilitate the encashment, replacement, and conversion of Rs. 40,000, Rs. 25,000, Rs. 15,000, and Rs. 7,500 denomination National Prize Bonds (bearer). In light of the government's recent extension, banks are instructed to accept requests from...

Deposit Protection Corporation (DPC) has increased the guarantee amount for all eligible depositors of its member banks from Rs. 500,000 to Rs. 1,000,000 with effect from October 01, 2024, as decided by the Board of Directors of the Corporation. This enhanced guarantee amount now provides full protection to around 96...

The latest interbank closing rate for the Pakistani Rupee (PKR) against the US Dollar (USD) on 27 September 2024 has seen a slight appreciation. DatePKR/USD RateChange27 Sep 2024277.64-0.0526 Sep 2024277.69 Disclaimer: We provide daily updates for Dollar to PKR, SAR to PKR, GBP to PKR and AED to PKR exchange rates in Pakistan as provided by the...

The AED to PKR exchange rate continues to fluctuate as of 27 September 2024. Alongside this, Dubai's gold prices have also seen changes across various karats, with 24K gold now priced at AED 314.65 per gram, showing a drop of -3.76. Similarly, gold rates for 22K, 21K, and 18K have...

USD to PKR (Dollar Price in Pakistani Rupee) – The Dollar Rate in Pakistan Today on Thursday, 26 September 2024 is Rs. 277.69. This is the interbank closing currency exchange rate for US Dollar to Pakistani Rupee which is provided by the State Bank of Pakistan (SBP) daily at the...