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)
- 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)
- 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)
- 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)
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
Respected Members
@haidermehdi
@hassanabid
@salmanwains
@steemit-pak
Sources:
Wonderful you have done your post very well and your post is commendable
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Thank You @adeelasif.
Thank you for support.
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