Author: Zeeshan Amhad
Zeeshan Amhad
Zeeshan is focusing on delivering insightful articles related to finance, business trends, and investment strategies. With a strong background in financial analysis and business practices, Zeeshan helps readers navigate the complexities of managing personal finances, understanding market trends, and making informed business decisions.
Under a recently signed loan arrangement with the International Monetary Fund (IMF), the federal government is set to raise the electricity cost by Rs 3.50 per unit. According to reports, the federal government will make a final decision on whether to raise the electricity tariff all at once or in phases. If the per-unit price is raised by one rupee, customers will incur an extra cost of Rs100 billion. Power tariffs have recently risen due to the depreciation of the Pakistani rupee against the US dollar. Furthermore, the National Electric Power Regulatory Authority (Nepra) has yet to rule on the…
The federal government has agreed to raise the petroleum development levy (PDL) on petrol by Rs 5 per liter. This means that the new PDL will cost Rs. 55/liter rather than the current Rs. 50. The decision was made following the conclusion of a $3 billion staff-level agreement on Friday between Islamabad and the International Monetary Fund (IMF). According to media sources, the new PDL will go into effect on July 1, 2023, and mark the start of the next fiscal year. The current petrol tax in Pakistan is as follows. Meanwhile, the finance ministry has announced that the PDL…
Ripple (XRP) exchange rates in Pakistani Rupee (PKR) and US Dollar (USD) were reported as follows on 3 July 2023. On 3 July 2023, one Ripple is worth Rs 138.06 in the open exchange market. The Ripple rate has been estimated and compared to the rate of Rs 135.85 as of 2 July 2023. On 3 July 2023, the open exchange market price of Ripple in US Dollar (USD) is $0.48. The Ripple rate has been estimated and compared to the $0.47 rate as of 2 July 2023. DISCLAIMER: We provide daily updates for AED to PKR, SAR to PKR, GBP to…
Bitcoin (BTC) exchange rates in Pakistani Rupee (PKR) and US Dollar (USD) were reported as follows on 3 July 2023. On 3 July 2023, one Bitcoin is worth Rs 8,695,985.12 in the open exchange market. The Bitcoin rate has been estimated and compared to the rate of Rs 8,767,902.75 as of 2 July 2023. On 3 July 2023, the open exchange market price of Bitcoin in US Dollar (USD) is $30,542.90. The Bitcoin rate has been estimated and compared to the $30,603.50 rate as of 2 July 2023. DISCLAIMER: We provide daily updates for AED to PKR, SAR to PKR, GBP to…
Today on 3 July 2023Â Euro to Pakistani Rupee (EUR to PKR) rate in Pakistan is Rs 310.75. 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 3 July 2023Â Dirham rate in Pakistan (AED to PKR) is Rs 77.51. 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…
Today on 3 July 2023Â British Pound rate in Pakistan (GBP to PKR) is Rs 361.27. 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…
Bitcoin (BTC) exchange rates in Pakistani Rupee (PKR) and US Dollar (USD) were reported as follows on 2 July 2023. On 2 July 2023, one Bitcoin is worth Rs 8,767,902.75 in the open exchange market. The Bitcoin rate has been estimated and compared to the rate of Rs 8,702,953.20 as of 1 July 2023. On 2 July 2023, the open exchange market price of Bitcoin in US Dollar (USD) is $30,603.50. The Bitcoin rate has been estimated and compared to the $30,376.80 rate as of 1 July 2023. DISCLAIMER: We provide daily updates for AED to PKR, SAR to PKR, GBP to…
Ripple (XRP) exchange rates in Pakistani Rupee (PKR) and US Dollar (USD) were reported as follows on 2 July 2023. On 2 July 2023, one Ripple is worth Rs 135.85 in the open exchange market. The Ripple rate has been estimated and compared to the rate of Rs 135.69 as of 1 July 2023. On 2 July 2023, the open exchange market price of Ripple in US Dollar (USD) is $0.47. The Ripple rate has been estimated and compared to the $0.47 rate as of 1 July 2023. DISCLAIMER: We provide daily updates for AED to PKR, SAR to PKR, GBP to…
Today on 2 July 2023Â Euro to Pakistani Rupee (EUR to PKR) rate in Pakistan is Rs 312.90. 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 2 July 2023Â Dirham rate in Pakistan (AED to PKR) is Rs 78.00. 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 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…
Today on 2 July 2023Â British Pound rate in Pakistan (GBP to PKR) is Rs 364.04. 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…
The Federal Government of Pakistan has decided to keep petrol prices in Pakistan constant for the next two weeks, from July 1 to July 15, 2023. According to the information, the government has kept all petroleum product prices stable, with the exception of High-Speed Diesel (HSD), which has experienced a significant hike. The price of petrol in Pakistan will stay steady at Rs. 262.00 per litre, while the prices of kerosene oil and light diesel oil (LDO) would also remain fixed at Rs. 164.07 per litre and Rs. 147.68 per litre, respectively. Meanwhile, the price of High-Speed Diesel (HSD) has…
Ripple (XRP) exchange rates in Pakistani Rupee (PKR) and US Dollar (USD) were reported as follows on 1 July 2023. On 1 July 2023, one Ripple is worth Rs 135.69 in the open exchange market. The Ripple rate has been estimated and compared to the rate of Rs 135.77 as of June 30, 2023. On 1 July 2023, the open exchange market price of Ripple in US Dollar (USD) is $0.47. The Ripple rate has been estimated and compared to the $0.47 rate as of June 30, 2023. DISCLAIMER: We provide daily updates for AED to PKR, SAR to PKR, GBP to…
Bitcoin (BTC) exchange rates in Pakistani Rupee (PKR) and US Dollar (USD) were reported as follows on 1 July 2023. On 1 July 2023, one Bitcoin is worth Rs 8,702,953.20 in the open exchange market. The Bitcoin rate has been estimated and compared to the rate of Rs 8,739,997.65 as of June 30, 2023. On 1 July 2023, the open exchange market price of Bitcoin in US Dollar (USD) is $30,376.80. The Bitcoin rate has been estimated and compared to the $30,506.10 rate as of June 30, 2023. DISCLAIMER: We provide daily updates for AED to PKR, SAR to PKR, GBP to…