Currency And Gold Rate In PakistanCurrency And Gold Rate In Pakistan

Currency And Gold Rate In Pakistan

Currency And Gold Rate In Pakistan: Today’s currency rate in Pakistan according to international currencies as of 26th October 2018: The price of 1 USD to PKR buying is 131.45, GBP to PKR buying is 168.50 Rs, Saudi Riyal to PKR buying is 34.60 Rs., UAE Dirham buying is 35.60 Rs., Australian Dollar buying is 91.75 Rs., Rs. Below are today’s currency rates according to different currencies of the world

Currency Symbol Buying Selling
 U.S. Dollar USD 131.45 PKR 132.35 PKR
 Euro EUR 148.00 PKR 150.00 PKR
 British Pound GBP 168.50 PKR 170.50 PKR
 UAE Dirham AED 35.60 PKR 36.00 PKR
 Saudi Riyal SAR 34.60 PKR 35.10 PKR
 Kuwaiti Dinar KWD 437.00 PKR 439.50 PKR
 Canadian Dollar CAD 99.50 PKR 101.00 PKR
 Australian Dollar AUD 91.75 PKR 93.25 PKR
 Omani Riyal OMR 345.50 PKR 347.50 PKR
 Japanese Yen JPY 1.17 PKR 1.20 PKR
 Malaysian Ringgit MYR 31.75 PKR 32.10 PKR
 Qatari Riyal QAR 36.45 PKR 36.80 PKR
 Bahrain Dinar BHD 353.00 PKR 355.00 PKR
 Thai Bhat THB 3.95 PKR 4.05 PKR
 Chinese Yuan CNY 19.05 PKR 19.20 PKR
 Hong Kong Dollar HKD 16.90 PKR 17.15 PKR
 Danish Krone DKK 20.10 PKR 20.40 PKR
 New Zealand Dollar NZD 85.85 PKR 86.55 PKR
 Singapore Dollar SGD 93.50 PKR 95.00 PKR
 Norwegians Krone NOK 15.75 PKR 16.00 PKR
 Swedish Krona SEK 14.40 PKR 14.65 PKR
 Swiss Franc CHF 132.45 PKR 133.35 PKR
 Indian Rupee INR 1.77 PKR 1.84 PKR

 The rates are provided by local forex Market and Local exchanges of Karachi, Lahore, Rawalpindi, Peshawar, Quetta, Faisalabad, Multan, Gujranwala, Sialkot and Islamabad.

Factors Affecting Interbank Rates

Since interbank currency exchange rates are mainly the interest rates hence following are the factors that affect interest rate/ interbank rates in any country;

Change in currency exchange rates of any country. More the currency exchange rates greater will be the interbank rate.

  • Unemployment rate in any country affects the amount of interest added to currency.
  • Inflation in any country tends to lower the currency’s value hence lowering interbank rates.
  • Economic growth of any country reflects on its interbank rates for currency exchange.
  •  Gold Rate:

Today’s Gold rate in Pakistan is Rs. 51,655 per 10 grams, and Rs. 60,250 per tola. The gold prices are different in every city of Pakistan.

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By humsub

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