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Tag: Exchange companies

SBP import of US dollars
Latest
  • Web Desk
  • Sep 24, 2024
SBP extends date for imports of cash US dollars till June 30, 2025

SBP has extended the import deadline of cash US dollars by exchange companies for their export consignments till June 30, 2025

State Bank of Pakistan (SBP)
Business
  • Web Desk
  • Mar 23, 2024
SBP authorises two private banks to launch exchange companies

SBP has also increased the minimum capital requirement for ECs from Rs 200 million to Rs 500 million, thereby raising the entry barrier for the private sector.

exchange rate new mechanism in Pakistan
Business
  • Web Desk
  • Dec 28, 2023
ECAP adopts SBP-directed mechanism for issuing exchange rates

Exchange Companies Association of Pakistan (ECAP) has implemented a new mechanism for determining the exchange rates of foreign currencies.

usd to pkr interbank closing
Business
  • Web Desk
  • Dec 21, 2023
8th consecutive win: Pakistani rupee gains 11 paisa vs US dollar

The Pakistani rupee (PKR) continued its positive trend on Thursday, gaining more than 11 paisa against the US dollar to settle at PKR 282.79.

USD to PKR
Business
  • Web Desk
  • Dec 19, 2023
Pakistani rupee gains 20 paisa to close at Rs283.01 vs dollar

In the latest interbank session on Tuesday, the Pakistani rupee (PKR) demonstrated a positive trend by strengthening approximately 20 paisa against the US dollar (USD).

USD to PKR
Business
  • Web Desk
  • Dec 18, 2023
5th consecutive gain: rupee closes at Rs283.21 against dollar

In Monday’s interbank session, the Pakistani rupee (PKR) demonstrated resilience, appreciating by 4.77 paisa against the US dollar.

US dollar to Pakistani rupee interbank closing
Business
  • Web Desk
  • Dec 15, 2023
Interbank closing: PKR closes week at Rs283.26 per USD

In a noteworthy development, the Pakistani rupee (PKR) demonstrated resilience by appreciating over 61 paisa against the US dollar (USD) this week.

US dollar to Pakistani rupee intraday
Business
  • Web Desk
  • Dec 13, 2023
Interbank closing: PKR records slight gain against US dollar

In the latest interbank trading session on Wednesday, the Pakistani rupee (PKR) demonstrated resilience, marking a gain of 16.99 paisa against the US dollar (USD).

Interbank dollar rate today
Business
  • Web Desk
  • Dec 11, 2023
Interbank closing: rupee breaks winning streak vs dollar

In Monday’s interbank session, the Pakistani rupee (PKR) demonstrated stability, settling at PKR 283.9 per US dollar (USD).

US dollar to Pakistani rupee intraday update
Business
  • Web Desk
  • Dec 08, 2023
Rupee continues gaining, closes at Rs283.87 against US dollar

The Pakistani rupee (PKR) continued its positive trend this week, gaining 1.09 rupees against the US dollar (USD).

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