Currency And Gold Rate In Pakistan Today
Currency And Gold Rate In Pakistan Today: Currency exchange works two ways. If you are a buyer or seller of currency then you can either go to open market for currency exchange where you would find many money exchangers. You can also go to any national bank. Sometimes they give you amazing deals on money exchange
Today’s currency rate in Pakistan according to international currencies as of 20th October 2018. The price of 1 USD to PKR buying is 133.70 Rs selling of US Dollar is 133.85 Rs, GBP to PKR buying is 173.74 Rs, selling is 174 Rs. Euro to PKR buying is 153 Rs., selling is 153.23 Rs. Saudi Riyal to PKR buying is 35.58 Rs., selling is 36.64 Rs. UAE Dirham buying is 36.10 Rs., selling is 37.10 Rs. Australian Dollar buying is 94.89 Rs., Selling is 95.03 Rs. Below are today’s currency rates according to different currencies of the world
|Currency||Symbol||Buying TT Clean||Selling TT & OD|
|Hong Kong Dollar||HKD||17.21||17.23|
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.
Today’s Gold rate in Pakistan is Rs. 52,726 per 10 grams, and Rs. 61,500 per tola. The gold prices are different in every city of Pakistan
Following were the Bullion Prices in Karachi, Lahore, Islamabad, Rawalpindi, Peshawar, Quetta: (per 10 gram) Gold Tezabi 24 CT, Rs. 52726.00.
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