The rate of 24 karat per tola gold witnessed an increase of Rs3,500 and was sold at Rs351,000 against its sale at Rs347,500 on the previous trading day. The prices of 10 grams of 24 karat also increased by Rs3,000 to Rs300,925 from Rs297,925, whereas the price of 10 grams of 22 Karat went up […]
As per Forex.pk, 10 grams of 24-karat gold in Saudi Arabia is currently valued at SAR 3,972, with an ounce of gold costing 12,356 Saudi Riyal. The uptick in gold rates reflects ongoing trends in the global commodities market, with the latest pricing update reported at 10:00 a.m. local time. Gold has long held a […]
The Saudi Riyal’s selling rate was noted at Rs75.74. 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 decision is applicable for both Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company (SSGC), with varying changes in pricing. According to reports, a reduction in gas prices has been recommended for Sindh and Balochistan by OGRA. While an increase in price has been suggested for Punjab, KPK, and Islamabad. Specifically, a […]
In the open market, the US Dollar’s buying and selling rates were reported at Rs. 281.80 and Rs. 283.20, respectively, showing a narrow trading band. Other major currencies displayed mixed trends. The Saudi Riyal (SAR) stood at Rs. 75.21, supported by strong remittance flows from Pakistani workers in Saudi Arabia. The UAE Dirham (AED) was […]
The exchange rate between the Bahraini Dinar and Pakistani Rupee is determined by the foreign exchange market, where currencies are traded based on supply and demand. The Bahraini Dinar, pegged to the US Dollar at a fixed rate of 1 BHD = 2.65 USD, is relatively stable compared to free-floating currencies like the PKR. The […]
This stabilization results from a calm phase in the AED-PKR exchange, bolstered by consistent remittance inflows and positive economic conditions in both Pakistan and the UAE. Evaluation Process for AED-PKR Exchange Rate The exchange rate of the UAE Dirham relative to the Pakistani Rupee is influenced by market dynamics and intervention by the central bank. […]
Speaking on the’ morning show Bakhabar Savera, Suneel Sarfaraz Munj stated that such expectations surface every year ahead of the budget but rarely materialize. He warned that the proposed imposition of a carbon tax and an increase in the petroleum levy would disproportionately burden the general public. “These measures will haunt the everyday consumer,” he […]
The stability is due to a quiet period for the AED-PKR exchange rate, supported by stable remittance flows and favorable economic conditions in Pakistan and the UAE. AED-PKR Exchange Rate Valuation Process The UAE Dirham’s exchange rate against the Pakistani Rupee is based on market forces and central bank intervention. The Dirham is pegged against […]
According to details, the premier has proposed a Rs250 billion cut in FBR’s tax collection target for the next budget. Efforts are underway to persuade the IMF to accept this revision. Sources revealed that FBR has formally requested to lower its tax target from Rs14,307 billion to Rs14,057 billion. The rationale behind the proposal is […]
