The Saudi Riyal’s selling rate was noted at Rs75.46. 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 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 […]
As per Forex.pk, 10 grams of 24-karat gold in Saudi Arabia is currently valued at SAR 4,125, with an ounce of gold costing 12,829 Saudi Riyal. Gold rates are influenced by global market trends, including those in Saudi Arabia, with the latest update noted at 10:00 am on April 24, 2025. Following Donald Trump’s trade […]
This slight uptick highlights the subtle yet constant shifts in the foreign exchange market, influenced by economic dynamics in both the UAE and Pakistan. Currency valuation hinges on supply and demand in the forex market, shaped by factors like trade balances, inflation, and monetary policies. The UAE Dirham, pegged to the US dollar at a […]
Currency valuation is determined by a combination of supply and demand dynamics in the forex market, influenced by economic indicators such as inflation rates, interest rates, and trade balances. For Bahrain, a stable economy backed by oil revenues and a fixed exchange rate pegged to the US dollar (1 Bahraini Dinar = 2.65 USD) ensures […]
As per details shared by sources, the federal development budget it is proposed to raise the Public Sector Development Programme (PSDP) allocation from the current Rs1,100 billion to Rs2,000 billion. Sources indicate that the increased allocation will be utilised to complete ongoing development projects under the Rs2,000 billion development outlay. Fewer than 100 new development […]
The Saudi Riyal’s selling rate was noted at Rs75.8. 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 […]
Addressing a press conference, Pakistan Kisan Ittehad chairman Khalid Hussain said, the cost of agricultural production has jumped to Rs3,400, but farmers are receiving only Rs2,000, resulting in a loss of Rs1,106 billion. Criticising the provincial leadership, Pakistan Kisan Ittehad chairman Khalid Hussain said Punjab CM Maryam Nawaz is yet to meet with farmers and […]
Crypto exchange Coinbase reported stronger-than-expected fourth-quarter profits, boosted by increased trading activity in Bitcoin and other cryptocurrencies after the U.S. election. Following Donald Trump’s win in the November presidential election, excitement around cryptocurrencies surged, driving Bitcoin’s value past $100,000 in the quarter. Investors were optimistic about more favourable crypto regulations under the new administration. It’s […]
Several factors shape the AED-PKR rate. The UAE Dirham, tied to the USD at about 3.67 AED per USD, gains from the UAE’s robust oil economy and sound fiscal policy. This peg links the Dirham’s value to the USD’s global trend. The Pakistani Rupee, under a managed float, sees its value influenced by market forces, […]