Author: Tahir Farooq

Tahir thrives on delivering breaking stories, timely market updates, and in-depth analyses of financial developments. With a keen eye for the pulse of the business world, his news reports keep you informed and ahead of the curve.

Today 9 July 2023 Canadian Dollar rate in Pakistan (CAD to PKR) is Rs 204.82. The State Bank of Pakistan (SBP) provided the closing exchange rate at the end of the business day. The State Bank of Pakistan (SBP) publishes the interbank closing rate for the Canadian Dollar (CAD) to the Pakistani Rupee (PKR) at the final hour of the business day (Monday to Friday). Meanwhile, the open market CAD to PKR rate is often somewhat higher than the interbank rate supplied by banks when getting foreign currency from consumers. It is also worth noting that all incoming payments to customers’…

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State Bank of Pakistan (SBP) is gearing up to pioneer the launch of the country’s first digital currency. This significant move towards digitization is expected to take place within the next two months, following the completion of the necessary groundwork. Deputy Government SBP, Sima Kamil, revealed this development in a statement quoted by Arab News. She further explained that the digital currency would be tested in a controlled environment, known as a sandbox, before its official launch. This sandbox testing phase, set to commence in a month or two, will allow for the evaluation of innovative products, services, or business…

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The gold rate in Saudi Arabia (KSA) today 8 July 2023 is 2322.15 SAR (Saudi Riyal) for 10 grams of 24-Karat gold, while 1 tola of 24-Karat gold is sold for SAR 2707.98. Furthermore, the Saudi Gold Rate for 8 July 2023, is provided below, which contains the price of the yellow metal in 24-Karat and 22-Karat per Tola and 10 Grams. Gold Price in Saudi Arabia – 8 July 2023 The price of 24-Karat gold per 10 Grams is 2322.15 SAR, while the price of 22-Karat gold per 10 Grams is 2127.20 SAR. Furthermore, the price of 24-Karat Gold…

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Dogecoin (DOGE) exchange rates in Pakistani Rupee (PKR) and US Dollar (USD) were reported as follows on 8 July 2023. On 8 July 2023, one Dogecoin is worth Rs 18.19 in the open exchange market. The Dogecoin rate has been estimated and compared to the rate of Rs 18.34 as of 7 July 2023. On 8 July 2023, the open exchange market price of Dogecoin in US Dollar (USD) is $0.06. The Dogecoin rate has been estimated and compared to the $0.06 rate as of 7 July 2023. DISCLAIMER: We provide daily updates for AED to PKR, SAR to PKR, GBP to…

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Today on 8 July 2023 British Pound rate in Pakistan (GBP to PKR) is Rs 356.72. The State Bank of Pakistan (SBP) provided the closing exchange rate at the end of the business day. The State Bank of Pakistan (SBP) publishes the interbank closing rate for the British Pound (GBP) to the Pakistani Rupee (PKR) at the final hour of the business day (Monday to Friday). Meanwhile, the open market GBP to PKR rate is often somewhat higher than the interbank rate supplied by banks when getting foreign currency from consumers. It is also worth noting that all incoming payments to…

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Today on 8 July 2023 Dirham rate in Pakistan (AED to PKR) is Rs 75.67. The State Bank of Pakistan (SBP) provided the closing exchange rate at the end of the business day. The State Bank of Pakistan (SBP) publishes the interbank closing rate for UAE Dirham (AED) to Pakistani Rupee (PKR) at the final hour of the business day (Monday to Friday). Meanwhile, the open market AED to PKR rate is often somewhat higher than the interbank rate supplied by banks when getting foreign currency from consumers. It is also worth noting that all incoming payments to customers’ bank accounts…

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Today on 8 July 2023 Euro to Pakistani Rupee (EUR to PKR) rate in Pakistan is Rs 304.77. The State Bank of Pakistan (SBP) provided the closing exchange rate at the end of the business day. The State Bank of Pakistan (SBP) publishes the interbank closing rate for Euro (EUR) to Pakistani Rupee (PKR) at the final hour of the business day (Monday to Friday). Meanwhile, the open market EUR to PKR rate is often somewhat higher than the interbank rate supplied by banks when getting foreign currency from consumers. It is also worth noting that all incoming payments to customers’…

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On Friday, the Pakistani rupee experienced a depreciation against the US dollar in both the interbank and open markets, indicating an increased demand for the American currency. According to data shared by the State Bank of Pakistan on Twitter, the local currency closed at 277.90 after depreciating by 0.31% against the US dollar in the interbank market. In the open market, the US dollar strengthened by Rs1 to settle at Rs281. This fluctuation in the currency exchange rate comes after a day when the rupee surged by 0.13% to close at Rs277.04 against the greenback. The surge was attributed to…

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The State Bank of Pakistan (SBP) has recently reported a substantial increase in its foreign exchange reserves, marking a 9.6% rise on a week-on-week basis. The data, released by the SBP on Thursday, reveals that as of June 30, the bank’s foreign currency reserves have reached an impressive $4.4 billion. This is a notable increase of $393 million from the previous week’s figure of $4.06 billion recorded on June 23, 2023. This significant surge in reserves is primarily attributed to the receipt of official inflows from the Government of Pakistan (GoP). These inflows have played a crucial role in bolstering…

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Football superstar Cristiano Ronaldo has entered into a partnership with Binance, the world’s leading cryptocurrency exchange. This collaboration was announced by Binance CEO Changpeng Zhao (CZ), who revealed that Ronaldo’s second exclusive non-fungible token (NFT) collection would be launched on July 3. This partnership between Ronaldo, widely recognized as one of the greatest footballers in history, and Binance is expected to create a buzz among both football fans and cryptocurrency enthusiasts. The upcoming NFT collection, named “ForeverCR7: The GOAT”, is a tribute to Ronaldo’s impressive record of scoring 838 career goals to date. The collection consists of 29,327 NFTs, featuring…

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The gold rate in Saudi Arabia (KSA) today 7 July 2023 is 2303.73 SAR (Saudi Riyal) for 10 grams of 24-Karat gold, while 1 tola of 24-Karat gold is sold for SAR 2686.94. Furthermore, the Saudi Gold Rate for 7 July 2023, is provided below, which contains the price of the yellow metal in 24-Karat and 22-Karat per Tola and 10 Grams. Gold Price in Saudi Arabia – 7 July 2023 The price of 24-Karat gold per 10 Grams is 2303.73 SAR, while the price of 22-Karat gold per 10 Grams is 2109.96 SAR. Furthermore, the price of 24-Karat Gold…

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Dogecoin (DOGE) exchange rates in Pakistani Rupee (PKR) and US Dollar (USD) were reported as follows on 7 July 2023. On 7 July 2023, one Dogecoin is worth Rs 18.34 in the open exchange market. The Dogecoin rate has been estimated and compared to the rate of Rs 18.54 as of 6 July 2023. On 7 July 2023, the open exchange market price of Dogecoin in US Dollar (USD) is $0.06. The Dogecoin rate has been estimated and compared to the $0.07 rate as of 6 July 2023. DISCLAIMER: We provide daily updates for AED to PKR, SAR to PKR, GBP to…

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Today 7 July 2023 Dollar rate in Pakistan (USD to PKR) is Rs 277.00. The State Bank of Pakistan (SBP) provided the closing exchange rate at the end of the business day. The State Bank of Pakistan (SBP) publishes the interbank closing rate for the Dollar (USD) to Pakistani Rupee (PKR) at the final hour of the business day (Monday to Friday). Meanwhile, the open market USD to PKR rate is often somewhat higher than the interbank rate supplied by banks when getting foreign currency from consumers. It is also worth noting that all incoming payments to customers’ bank accounts are…

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Today on 7 July 2023 Saudi Riyal rate in Pakistan (SAR to PKR) is Rs 73.84. The State Bank of Pakistan (SBP) provided the closing exchange rate at the end of the business day. The State Bank of Pakistan (SBP) publishes the interbank closing rate for Saudi Riyal (SAR) to Pakistani Rupee (PKR) at the final hour of the business day (Monday to Friday). Meanwhile, the open market SAR to PKR rate is often somewhat higher than the interbank rate supplied by banks when getting foreign currency from consumers. It is also worth noting that all incoming payments to customers’ bank…

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Today 7 July 2023 Canadian Dollar rate in Pakistan (CAD to PKR) is Rs 207.39. The State Bank of Pakistan (SBP) provided the closing exchange rate at the end of the business day. The State Bank of Pakistan (SBP) publishes the interbank closing rate for the Canadian Dollar (CAD) to the Pakistani Rupee (PKR) at the final hour of the business day (Monday to Friday). Meanwhile, the open market CAD to PKR rate is often somewhat higher than the interbank rate supplied by banks when getting foreign currency from consumers. It is also worth noting that all incoming payments to customers’…

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