The AED/PKR exchange rate today in the open market reflects the strength of the UAE Dirham against the Pakistani Rupee. This is a result of the UAE’s solid economic foundation and sound financial policies. 1 UAE Dirham 76.55 Pakistani Rupees This consistent rate reduces economic uncertainty for the majority of Pakistani expatriates in the UAE. […]
As per details, the committee was informed that the smuggling resulted in a staggering revenue loss of Rs270 billion annually. The committee’s briefing revealed that tax evasion worth Rs 751 billion is occurring across five key business sectors, primarily due to the sale of smuggled and counterfeit goods in the market. The pharmaceutical sector is […]
President Zardari welcomed the Iranian foreign minister and emphasized the importance of cooperation between Iran and Pakistan in promoting peace and prosperity in the region, a press statement issued here read. The Iranian foreign minister said that he is traveling on the orders of Iran’s president, Masoud Pezeshkian, and Supreme Leader, Ayatullah Sayyid Ali Khamenei. […]
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 […]
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 […]
