This constant rate has meaningful implications for the two nations. Pakistani exporters of textiles and agricultural products benefit from stable pricing, making them more competitive in the market of Qatar and possibly enhancing export earnings. At the same time, stability attracts investors and companies eager to tap into Pakistan’s expanding market, opening doors to partnerships […]
The rate of 24 karat per tola gold witnessed an increase of Rs7,800 and was sold at Rs350,000 on Monday against its sale at Rs342,200 on the last trading day, All Pakistan Sarafa Gems and Jewelers Association reported. The rates of 10 grams of 24-karat gold also increased by Rs6,687 to Rs300,068 from Rs293,381. Silver […]
The Saudi Riyal’s selling rate was noted at Rs75.44. Saudi Arabia’s official currency is denoted as SAR or SR. A single Riyal is divided into 100 halalas. The relationship between Pakistan and Saudi Arabia is characterized by a deep-rooted, mutually supportive alliance, reinforced by significant financial aid from the Saudi kingdom. Recently, Saudi Arabia extended […]
As per Forex.pk, 10 grams of 24-karat gold in Saudi Arabia is currently valued at SAR 3,907, with an ounce of gold costing 12,151 Saudi Riyal. Gold prices, including those in Saudi Arabia, continue to be shaped by global market dynamics, with the latest update recorded at 10:00 a.m. on May 05, 2025. For centuries, […]
The AED/PKR exchange rate is firmly at 76.48, indicating the stability of the PKR against the Dirham continues. This achievement is a testament to the UAE’s strong economic base and effective financial policies. 1 UAE Dirham 76.48 Pakistani Rupees This steady rate minimizes financial uncertainty for most Pakistani expatriates in the UAE. Their remittances support […]
Such stability is indicative of equilibrium money flows between both nations and supports Kuwait’s solid economic position as a prime oil exporter. 1 Kuwaiti Dinar 916.48 Pakistani Rupees Analysts credit the stable rate to regular remittances from Pakistani expatriates in Kuwait and solid demand for the dinar on foreign exchange markets. Kuwait’s large oil earnings […]
In morning trade in Asia, West Texas Intermediate was down 3.8 percent at $56.08 per barrel while Brent North Sea Crude slid 3.5 percent at $59.17. The output increase of 411,000 barrels a day announced by Saudi Arabia, Russia and six other members of the oil cartel on Saturday added to concerns about over-supply. The […]
The central bank could announce a possible reduction in the interest rate by 50 to 100 basis points. The Monetary Policy Committee (MPC) of the SBP will meet today to decide about the Monetary Policy, as analysts expect 50 to 100 basis points cut in the interest rate. The bank’s current interest rate has been […]
This stability reflects balanced currency flows between the two countries and underscores Kuwait’s robust economic standing as a leading oil exporter. 1 Kuwaiti Dinar 916.48 Pakistani Rupees Analysts attribute the consistent rate to steady remittances from Pakistani workers in Kuwait and stable demand for the dinar in forex markets. Kuwait’s significant oil revenues bolster its […]
On Friday, May 02 2025, the UK pound was purchased for Rs 376.08 and sold for Rs 380.09 on the open market. Businesses, tourists, and people transferring money between the UK and Pakistan are often impacted by the fluctuation in currency rates. Changes in supply and demand for both currencies, as well as economic variables […]
