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SAR TO PKR and other currency rates in Pakistan on, 3rd March 2022

SAR TO PKR and other currency rates in Pakistan on, 3rd March 2022

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SAR TO PKR and other currency rates in Pakistan on, 3rd March 2022

KARACHI: The buying rate of 1 SAR to PKR was Rs4695.00 and selling rate of 1 SAR to PKR was Rs47.600 in the interbank market on March 3rd, 2022.

Meanwhile, the following are the rates of the US Dollar, Saudi Riyal, UK Pound, UAE Dirham, and other foreign currencies in the interbank market today.

The information has been obtained from the Forex Association of Pakistan.

SAR to PKR and other currency rates in Pakistan

Check the updated SAR TO PKR exchange rates on March 3rd, 2022.

AUSTRALIAN DOLLAR127.750128.750
Bahrain Dinar386.500388.500
CANADIAN DOLLAR139.000141.000
CHINESE YUAN23.55023.950
DANISH KRONE23.65023.950
EURO198.500200.000
HONG KONG DOLLAR16.60016.850
INDIAN RUPEE2.0302.100
JAPANESE YEN1.4101.440
KUWAITI DINAR481.850484.350
MALAYSIAN RINGGIT36.75037.100
NewZealand $96.85097.550
NORWEGIANS KRONE17.50017.750
OMANI RIYAL392.850394.880
QATARI RIYAL39.90040.500
SAUDI RIYAL4695.0047.600
SINGAPORE DOLLAR128.750130.250
SWEDISH KRONA18.75019.000
SWISS FRANC160.350161.250
THAI BHAT4.8004.900
U.A.E Dirham48.30049.000
UK Pound Sterling237.000239.500
US Dollar177.500179.000

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The total amount of Pakistan’s liquid foreign reserves is $15.95 billion.

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As of February 14, Pakistan’s total liquid foreign reserves were $15,947.9 million, with the State Bank of Pakistan’s (SBP) holdings being $11,201.5 million.

Official figures for the week ending February 14, 2025, show that the central bank’s liquid foreign exchange reserves rose by $35 million to $11,201.5 million.

Commercial banks maintained net foreign reserves of $4,746.4 million during the period under review, according to the breakdown of foreign reserves.

The nation’s total liquid foreign reserves as of the week ending February 07, 2025, were $15,862.6 million.

Of these, the central bank held $11,166.6 million in foreign reserves, while commercial banks kept $4,696 million in net reserves.

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In January 2025, RDA inflows reach 9.564 billion USD.

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Remittances under the Roshan Digital Account (RDA) increased from US $9.342 billion at the end of 2024 to US $9.564 billion by the end of January 2025.

The most recent data issued by the State Bank of Pakistan (SBP) revealed that remittance inflows in January totaled US$222 million, compared to US$203 million in December and US$186 million in November 2024.

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FBR lowers Karachi’s built-up structure property valuation rates

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A year-by-year breakdown of the depreciation value of residential and commercial built-up properties is included in the updated property valuation rates for Karachi that the FBR has announced.

The notification said that built-up structural values on residential property will be gradually reduced.

A residential home’s built-up structure, which is five to ten years old, will lose five percent of its worth.

In a similar vein, constructions between the ages of 10 and 15 will lose 7.5% of their value, while those between the ages of 15 and 25 would lose 10%. Built-up structures that are more than 25 years old will be valued similarly to an open plot.

Furthermore, age will also be used to lower the valuation of built-up properties, such as apartments and flats.

Structures that are five to ten years old will depreciate by ten percent, while those that are ten to twenty years old will depreciate by twenty percent. A 30% depreciation will be applied to properties that are 20 to 30 years old, while a 50% reduction will be applied to those that are above 30 years old.

In terms of commercial built-up properties, buildings that are 10 to 15 years old will lose 5% of their value, while those that are 15 to 25 years old will lose 8%. The value of properties that are more than 25 years old will drop by 10%.

In contrast, there would be a 15% boost in the value of commercial properties in the Defence Housing Authority (DHA) that face any Khayaban.

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