The selling rate of the Saudi Riyal was recorded at Rs74.65. The Saudi riyal is the official currency of Saudi Arabia. It is abbreviated as SAR or SR. One Riyal is subdivided into 100 halalas. The partnership between Pakistan and Saudi Arabia is marked by a long-established and mutually beneficial alliance, underscored by considerable financial […]
Brent futures fell 6 cents, or 0.1%, to $69.22 a barrel at 0402 GMT, while US West Texas Intermediate crude futures lost 13 cents, or 0.2%, to $65.90 a barrel. US President Donald Trump’s protectionist policies have roiled markets across the world, with Trump imposing and then delaying tariffs on his country’s biggest oil suppliers, […]
The SBP policy rate, after being slashed from 22pc in June 2024, now stands at 12pc. The Monetary Policy Committee (MPC) of the SBP met today to decide the Monetary Policy rate unchanged, while analysts were expecting a 50 to 100 basis points cut in the interest rate. The decision was announced after the Monetary […]
This rate holds significant importance for traders, overseas Pakistanis, and businesses involved in cross-border transactions. But what factors are driving this exchange rate, and how does it impact Pakistan’s economy? What Influences the CAD to PKR Exchange Rate? The Canadian Dollar to PKR exchange rate is a product of intertwined economic strategies, worldwide market shifts, […]
The buying rate for the UK Pound (GBP) in exchange for the Pakistan Rupee (PKR) stood at 361.5 6while the selling rate is 365.00 in the open market on Monday. 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 […]
According to sources, today’s discussions focus on the National Finance Commission (NFC) and agricultural income tax, with officials briefing the IMF that there is a revenue potential of Rs300 billion from agricultural taxation. A special session on the circular debt management plan is also scheduled. Pakistan has reportedly proposed a Rs1,250 billion reduction in circular […]
The buying rate for the Omani Riyal in exchange for the Pakistan Rupee (PKR) stood at 723.6 while the selling rate is Rs 732.1 in the open market on Monday, March 10, 2025. The exchange rates were updated at 13:00 PST on March 10. The Omani Riyal denoted as OMR, serves as the official currency […]
According to details from Forex.pk, 10 grams of 24-karat gold in Saudi Arabia is being sold at SAR 3,510. Additionally, the price for an ounce of gold is SAR 10,917. It is important to note that gold rates are subject to global market fluctuations, including those specific to Saudi Arabia, with the last update recorded […]
The selling rate of the Riyal dropped as it is being sold for Rs74.65. The Saudi riyal is the official currency of Saudi Arabia. It is abbreviated as SAR or SR. One Riyal is subdivided into 100 halalas. The partnership between Pakistan and Saudi Arabia is marked by a long-established and mutually beneficial alliance, underscored […]
The buying rate for the UK Pound (GBP) in exchange for the Pakistan Rupee (PKR) stood at 360.5 6while the selling rate is 364 in the open market on Saturday. 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 […]