Tag: currency
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Guess what a Pakistani air hostess was smuggling in her socks
A video of a Pakistani air hostess being detained by police while trying to smuggle cash hidden in her socks has emerged online. The incident has raised concerns about security and professionalism among airline staff. There have been numerous issues and blunders involving PIA staff in the recent past, including cases of misconduct and operation…
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Pakistan’s currency in circulation surges by Rs252.98 billion
The State Bank of Pakistan (SBP) has released provisional figures on Monetary Aggregates, revealing notable shifts in the country’s monetary landscape.
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Plastic currency coming soon in Pakistan?
Negotiations between Pakistan and the IMF mission for the next instalment of a vital loan will continue to proceed today. According to sources quoted by Geo news, IMF officials will be briefed on FBR reforms, tax collection and other issues, as well as more immediate measures to increase tax collection in the current financial year.…
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Pakistan Customs officials foil attempt to smuggle PKR 1.5 crore in gold and cash
Customs officials made a significant seizure of gold and cash at Jinnah International Airport in Karachi on Tuesday.
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SBP seeks design ideas from students, designers for new banknotes
\In a significant move to enhance security features and align with technological advancements, the State Bank of Pakistan (SBP) has kicked off the process of designing and issuing a new series of banknotes covering all existing denominations.
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Gold price in Pakistan goes up by Rs1,600 per tola
On Tuesday, gold prices in Pakistan experienced a notable surge, aligning with the upward trend in the global market.
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SBP’s forex reserves drop by $125 million to $7.93 billion after debt repayments
The State Bank of Pakistan (SBP) revealed that its foreign exchange reserves decreased by $125 million within a week, now totalling $7.93 billion as of August 18. This is part of the country’s overall liquid foreign reserves of $13.25 billion. Commercial banks in Pakistan also hold $5.32 billion in net foreign reserves.
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Pakistani rupee closes at Rs277.41 as US dollar recovers by nearly Rs2 in interbank trade
The US dollar appears to have bounced back on Wednesday at the opening of interbank trade, as it gained 31 paisas. The American currency closed at Rs277.41 after gaining Rs1.97 against the local unit. The dollar was exchanged for Rs275.75 at the start of the trading session on Wednesday.
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Pakistani rupee records slight increase against US dollar, settles at Rs285.99
The State Bank of Pakistan reported that the Pakistani Rupee (PKR) maintained an upward trajectory against the US dollar in the interbank foreign exchange market on Tuesday.
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Pakistan rupee recovers by one paisa against US dollar
According to the State Bank of Pakistan (SBP), the Pakistani rupee (PKR) strengthened by Rs0.01 against the US dollar in the interbank market on Tuesday.