The buying rate for the Omani Riyal in exchange for the Pakistan Rupee (PKR) stood at 726.00 while the selling rate is Rs 734.50 in the open market on Friday, March 14, 2025. The exchange rates were updated at 12:14 PST on March 14. The Omani Riyal denoted as OMR, serves as the official currency […]
Sources confirm that the risk of a mini-budget has been averted with the tax reduction approval by the International Monetary Fund. Both parties have agreed on necessary amendments to the current fiscal strategy. The IMF has also demanded the elimination of tax exemptions for the wealthy, urging landlords to pay agricultural income tax and imposing […]
The prices of 10 grams of 24 karat also increased by Rs.2,400 to Rs 265,174 from Rs 262,774 whereas the prices of 10 gram 22 karat gold also went up by Rs.2,201 to Rs.243,085 from Rs 240,884 respectively. The rates of per tola and ten-gram silver remained unchanged at Rs3,440 and Rs.2,949 respectively. The rate […]
According to sources, the discussions are centered on implementing economic reforms, increasing revenue, and reducing expenditures. Sources revealed that the IMF has emphasized the need to boost revenue and cut costs, with a proposed tax revenue target of over Rs 15 trillion for the next fiscal year. Additionally, the tax-to-GDP ratio is expected to increase […]
The CAD to PKR exchange rate is a crucial indicator for thousands of Pakistani expatriates residing in Canada, as well as for businesses involved in trade between the two countries. Given the significant role remittances play in Pakistan’s economy, fluctuations in this rate directly impact the financial well-being of families who depend on funds sent […]
According to sources, arrangements for the launch of digital prize bonds have been completed including the development of a state-of-the-art mobile application for the issuance of these bonds. The Pakistan government has planned to issue bonds in denominations of Rs500, Rs1000, Rs5000, and Rs10,000. Digital prize bonds will be available to National Savings account holders, […]
The buying rate for the UK Pound (GBP) in exchange for the Pakistan Rupee (PKR) stood at 362.50 while the selling rate is 366.00 in the open market on Thursday. Let’s delve into what this signifies and examine how currency valuations operate. This rate indicates the value of one UK Pound in Pakistani Rupees and […]
The buying rate for the Omani Riyal in exchange for the Pakistan Rupee (PKR) stood at 725.05 while the selling rate is Rs 733.55 in the open market on Wednesday, March 12, 2025. The exchange rates were updated at 14:26 PST on March 13. The Omani Riyal denoted as OMR, serves as the official currency […]
The AUD/PKR exchange rate, like all currency exchange rates, is determined by a complex interplay of economic factors. Key influences include: Economic Performance: Australia’s economic health, including its interest rates, GDP growth, and employment figures, plays a crucial role. Similarly, Pakistan’s economic stability, inflation rates, and foreign exchange reserves impact the PKR’s value. Supply and […]
Spot gold gained 0.3% to $2,940.99 an ounce, as of 0856 GMT, about $16 shy from the record peak. Due to the economic uncertainty caused by U.S. tariffs, spot gold hit a record high of $2,956.15 on February 24. Get a look at the day ahead in U.S. and global markets with the Morning Bid […]
