Market Updates || Thursday 28, October, 2021|| Forex, Gold, Crypto||PAK Rupees||

in hive-136998 •  3 years ago 

Greetings!,

Have a good day!

I hope you are all in good health. Please see today market rates. If you have any suggestions please mentioned them in the comments section.

Date: Thursday 28, Oct 2021

Crypto Market:

At the time of writing 1:05 pm PST

Trend:

Short Term: Negative
Overall: Bearsih (Downward)

Short Analysis on Pakistan Currency :

Pakistan Currency depreciated and touches the record high level USD / PKR 175 rupees on Tuesday this week. The unstable currency was creating vulnerable situation for government of Pakistan. Every thing in Pakistan are interconnected with USD dollar. If USD goes high, then you expect every thing will go high.

The Saudi Arabia government has announced once again a great support for Pakistan. In announcement of Saudi package include ***$ 3 billion*** in safe deposit and ***$ 1.3 billion*** worth oil supply on deferral payments. This Saudi Package has great help Pakistan currency market, as we see rupee was in great pressure since May 2021. This financial package will provide great stability to PKR / USD rate and helps to address the rising inflation.

Rates in Pakistan Rupees:

  • BTC / PKR: 10,254,326 PKR (-) decreased 3.2 % (if You want to purchase one bitcoin, then you have to pay that amount in PKR)

BTC to PKR rate today is 10,256,326 PKR and has down by 3.2 % from 10,594,880 PKR since yesterday.

  • ETH / PKR: 696,347 PKR (-) decreased 4.8 % compare to yesterday same time price. ( (if You want to purchase one Ethereum, then you have to pay that amount in PKR)

  • SBD / PKR: 1,185.11 PKR (-) decreased 4.6 % compare to yesterday price. (if You want to Sell one SBD, then you will receive that amount in PKR)

  • Steem / PKR: 92.26 PKR (-) decreased 6.7 % compared to yesterday price. (if You want to Sell one Steem, then you will receive that amount in PKR)

Rate in US Dollar

  • BTC /USD: $ 58,962 (-) decreased 1.0891 % as compared to yesterday price.( If you want to purchase one bitcoin, Then you have to pay that amount in US dollars)

BTCUSD.jpg

  • ETH /USD : $ 4,021.17 (-) decreased 3.186 % compared to yesterday price. ( if You want to purchase one Ethereum, Then you have to pay that amount in US dollars)

ETHUSD.jpg

  • SBD/ USD : $ 6.8775 (-) decreased 2.899 % as compared to yesterday Price. ( if You want to Sell one SBD, then you will receive that amount in US dollars)

SBDUSD.jpg

  • Steem / USD: $ 0.537 (-) decreased 4.453 % as compared to yesterday price.( if You want to Sell one Steem, then you will receive that amount in US dollars)

SteemUSD.jpg

Gold Market:

Gold ( Sarafa Market Karachi )

  • 1 Tola : 24 KT ---------> 119,500 PKR

  • 10 Gram : 24 KT -----> 102450 PKR

Forex Market:

  • USD/PKR: Buying 171.60 PKR, Selling 173.60 PKR

  • Euro/PKR: Buying 198.00 PKR, Selling 200.00 PKR

  • SAR/PKR: Buying 46.00 PKR, Selling 46.50 PKR

  • AED/PKR: Buying 48.40 PKR, Selling 49.00 PKR

  • GBP /PKR: Buying 236.00 PKR, Selling 238.50 PKR

Disclaimer: This is not financial advice to invest in that particular coin/token. It's just my own analysis based on history and trends and anything can happen in Crypto anytime.

Thank You Steemit Pakistan

logo2.jpeg

Respected Members

@haidermehdi
@hassanabid
@salmanwains
@steemit-pak

Sources:

  1. https://seekingalpha.com/symbol/STEEM-USD
  2. https://epaper.brecorder.com/2021/10/28/1-page/905487-news.html
  3. http://www.forex.com.pk/open_market_rates.asp
  4. https://epaper.dawn.com/
  5. https://www.coingecko.com
    6: https://finance.yahoo.com/quote/BTC-USD?p=BTC-USD
Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Wonderful you have done your post very well and your post is commendable

Thank You @adeelasif.
Thank you for support.