This stability persists despite global currency fluctuations and Pakistan’s economic reforms, offering a reliable outlook for businesses and overseas workers. 1 Canadian Dollar = 202.27 Pakistani Rupee Understanding the Valuation The CAD-PKR exchange rate is primarily driven by supply and demand dynamics in the foreign exchange (forex) market. Various elements shape this rate: Trade Relations […]
The Canadian High Commission has issued a public advertisement inviting applications for the position, with a deadline set for June 15. The selected candidate will serve a five-year term and be responsible for promoting Canada’s positive image in Karachi and Sindh. The role prioritizes cultural, economic, and political exchanges, strengthening bilateral ties between the two […]
The Canadian Dollar, also known as the Loonie, is the official currency of Canada. It’s considered one of the world’s most stable and widely traded currencies, backed by Canada’s strong economy, diverse industries, and high standard of living. On the other hand, the Pakistani Rupee (PKR) is the official currency of Pakistan. Its value is […]
This valuation is a result of the dynamic forces of supply and demand in the foreign exchange market. The Canadian Dollar, also known as the Loonie, is the official currency of Canada. It’s considered one of the world’s most stable and widely traded currencies, backed by Canada’s strong economy and high standard of living. On […]
Exchange rates, like the CAD to PKR rate, are shaped by several factors, including: Supply and Demand: A currency’s value depends largely on its global demand. For example, increased purchases of Canadian goods or investments in Canadian assets boost CAD demand, raising its value. Interest Rates: Higher interest rates in Canada can draw foreign investors, […]
The comments showed the extent to which relations between the U.S. and Canada, two long-time allies and major trading partners, have deteriorated since Trump imposed tariffs on Canada and threatened to annex it as the 51st state. Although the next election was not due until October 20, Carney is hoping to capitalize on a remarkable […]
Elsewhere, the yen gave up more of its recent gains as markets backed off a small chance of the Bank of Japan (BOJ) raising interest rates in May. Sowing more volatility across markets, U.S. President Donald Trump threatened to hit imports of wine, cognac, and other alcohol from Europe with a 200% tariff. The escalating […]
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 […]
A rise in global trade tensions and worries over U.S. recession risks have rattled global markets and sparked huge volatility in currencies, as traders seesaw between relief and angst over U.S. President Donald Trump’s whip-saw policy changes. Markets were a tad calmer in the Asian session on Thursday as investors caught a break from the […]
Carney will take over at a tumultuous time in Canada, which is in the midst of a trade war with longtime ally the United States under President Donald Trump and must hold a general election soon. Mark Carney, 59, took 86% of votes cast to beat former Finance Minister Chrystia Freeland in a contest in […]
