Author: Zeeshan Amhad

The State Bank of Pakistan continues to offer Prize Bonds under the National Savings Scheme. This system has been in operation for several decades and is regulated by the government, making it a safe investment avenue. Hundreds of thousands of individuals purchase these bonds, hoping to secure a better future. 1500 Prize Bond Winning Prize The 1500 Prize Bond is one such offering, and the Peshawar Office of the National Savings Division has announced that the balloting for Draw No. 95 of this bond will take place on 15th August 2023. These bonds are a bearer type of investment and…

Today 12 August 2023 Canadian Dollar rate in Pakistan (CAD to PKR) is Rs 214.45. 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’…

Today 12 August 2023 Saudi Riyal rate in Pakistan (SAR to PKR) is Rs 76.86. 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 accounts…

Today 12 August 2023 Dollar rate in Pakistan (USD to PKR) is Rs 288.37. 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…

The results of Rs 1500 Prize Bond List Draw 95 Result Peshawar 15 August 2023 have been announced. The lucky draw took place in Peshawar on August 15, 2023. This information is readily available online for those interested in checking their luck. The National Bank of Pakistan, in collaboration with the State Bank, conducted the balloting for the Rs. 1500 Prize Bonds. The first prize, a whopping sum of 3,000,000 PKR, was awarded to one fortunate winner. The second prize, an impressive amount of 1,000,000 PKR, was distributed among three lucky winners. Furthermore, the third and final prize of 18,500…

The US Dollar Index, or DXY as the financiers like to call it, isn’t just a number—it’s a mirror reflecting the world’s economic heartbeat. A blend of foreign currencies pitted against the mighty greenback, the DXY whispers secrets about international trade, investment, and the world of finance. In this spirited exploration, we’ll dive into the rippling effects of this often-misunderstood index, so buckle up! The U.S. Dollar Index and International Trade Impact on Import and Export Prices The U.S. Dollar Index’s (DXY) movement isn’t just financial poetry; it’s hard arithmetic affecting importers and exporters alike. A stronger DXY means U.S.…

Today 11 August 2023 Canadian Dollar rate in Pakistan (CAD to PKR) is Rs 214.32. 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’…

Today 11 August 2023 Saudi Riyal rate in Pakistan (SAR to PKR) is Rs 76.66. 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 accounts…

Today 11 August 2023 Dollar rate in Pakistan (USD to PKR) is Rs 287.60. 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…

Today 10 August 2023 Canadian Dollar rate in Pakistan (CAD to PKR) is Rs 214.29. 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’…

Today 10 August 2023 Saudi Riyal rate in Pakistan (SAR to PKR) is Rs 76.62. 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 accounts…

Today 10 August 2023 Dollar rate in Pakistan (USD to PKR) is Rs 287.47. 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…

The Pakistani government has announced its decision to introduce digital prize bonds under a new initiative. The first phase will see the roll-out of Rs1,000 prize bonds, followed by denominations of Rs500, Rs1,000, Rs5,000, and Rs10,000 in the subsequent phase. The Rs1,000 digital bonds will carry a prize money of Rs4 million. These bonds will be scriptless marking a shift from traditional paper bonds to a more environmentally friendly and efficient digital format. National Savings, the organization responsible for issuing these digital prize bonds, aims to make the process paper-free. Buyers will have access to these bonds through the “Digital…

Today on 9 August 2023 Euro to Pakistani Rupee (EUR to PKR) rate in Pakistan is Rs 315.60. 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’…

Today on 9 August 2023 Dirham rate in Pakistan (AED to PKR) is Rs 78.39. 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 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…