Expert Finance Analysis

  Currency Rates in Pakistan CURRENCY SYMBOL BUYING SELLING  US DOLLAR USD 159.8 160.5  EURO EUR 192.5 195.5  BRITISH POUND GBP 211.5 214.5  UAE DIRHAM AED 43.3 44

  Gold Rate In Pakistan Gold Rate 24K Gold 22K Gold 21K Gold 18K Gold per Tola Gold Rs. 110200 Rs. 104515 Rs. 89085 Rs. 78666 per 10 Gram Rs. 94336 Rs. 89461 Rs. 76232 Rs. 67300 per Gram Gold Rs. 9433 Rs. 8946 Rs. 7623 Rs. 6730

The investment in Rs 15000 prize bond is not new. People from several years are considering it as a safe and secure option of investment. Also Read: 15000 Prize Bond Complete Details When talk about the significance and history of Pakistan prize bond, from the Pakistan’s government perspective, the national prize bond scheme was started in 1960. However, the aim was to borrow money from the public sector at the lowest possible rates and offer them reward in the price of cash prizes through the lucky draw. By conducting prize bond  15000   draw after every three months, the Pakistani government earns billions of Rupee. However, the next draw is scheduled in July 2020. Also Read: Upcoming 15000 Prize Bond Draw July 2020 Full Details It is noted that you have to pay the tax on the winning amount in case you will be included among winners. However, the tax is different for both filers and non-filers. It means that, you will have to pay 25% tax on the winning amount i...

In a last few months, the Pakistani Rupee has seen a rapid decline against different currencies.   It is a key reason that USD to PKR , SAR toPKR , Euro to PKR , and AED to PKR rate is significantly increased. However, this article is mainly about analysis of Dollar rate in Pakistan. Last year in May 2019, the dollar reached an all-time high-rate of 154.5. Now the current USD to PKR or Dollar rate in Pakistan is Rs 163.75. We can't deny the way that the expanding dollar rate in Pakistan has shocked everybody, as it is one of the pinnacle rates at any point happened since recent years. In any case, before you start your conversations about the expanding dollar rate in Pakistan , it's fundamental to just check the previous history. Was the dollar rate in Pakistan consistently this high? All things considered, obviously not – rather various elements prompted it. The dollar rate has been constantly very nearly expanding for recent decades, well since 2000. The most minimal c...

Prize bond is regarded as one of the safest investments in Pakistan. Prize bonds are available in different denominations. In addition, National Savings conduct the prize bond draw after every 15 days. However, draw for each prize bond held after every 3 months. Just have a look below at different prize bonds, no of prizes along with their denominations. Rs 100 Prize Bond It is the lowest denomination prize bond with 1,203 no of winners in each draw of Rs 100 Prize Bond . ·          First Prize – Rs 700,000 (1 Winner) ·          Second Prize – Rs 200,000 (3 Winners) ·          Third Prize – Rs 1,000 (1199 Winners) Rs 200 Prize Bond It is the second lowest denomination prize bond with 2,400 no of winners in each draw  of Rs 200 Prize Bond . ·          First Prize – Rs 750,000 (1 Winner) ·   ...

The currency rate of any country such as currency rate in Pakistan depends on the foreign exchange rate or open market rate.   Currency of a country is exchanged with other foreign currencies at a specific rate in markets. Open Market - When talk about open market, it is usually a market of a country to that all economic players have the access to and can perform trade without the prevalence of extraneous constraints. In simple words, we can say that the open market is simply a market of any country that allows a seamless free trade between nations. When talk about banking, the open market allows transaction of assets among nations. Currency Exchange – Aside from purchasing and selling of products, monetary forms are likewise traded between open markets of various nations. Universal banks, most well known are Barclays, Standard Chartered, Deutsche Bank, and HSBC. These banks are associated with fixing the pace of cash trade in the worldwide market. One focal national bank...