ADVERTISEMENT
Saturday, July 26, 2025
No Result
View All Result
The AZB More Than Just News
  • HOME
  • Latest News
  • Business
  • PAKISTAN
  • SPORTS
  • WORLD
  • E-Paper
  • SCI-TECH
  • BANKING
  • ARTICLES
  • OPINION
  • MORE
    • MOBILE
    • TELECOM
    • PERSONALITY
    • HEALTH / EDUCATION
  • HOME
  • Latest News
  • Business
  • PAKISTAN
  • SPORTS
  • WORLD
  • E-Paper
  • SCI-TECH
  • BANKING
  • ARTICLES
  • OPINION
  • MORE
    • MOBILE
    • TELECOM
    • PERSONALITY
    • HEALTH / EDUCATION
No Result
View All Result
Daily The Azb
No Result
View All Result
Home Business

Qatari Riyal Slightly Drops to PKR 76.85 – Exchange Rate Update for May 23, 2025

AZB Editor
May 23, 2025
Qatari Riyal to Pakistani Rupee Rate Today – May 17, 2025
Share on FacebookShare on Twitter
Advertisements

Karachi/Doha – May 23, 2025:
The Qatari Riyal (QAR) has experienced a minor decline in value against the Pakistani Rupee (PKR), now trading at PKR 76.85, down from PKR 77.21 recorded on May 19. This represents a 0.47% decrease, highlighting subtle shifts in regional and global economic dynamics that influence foreign exchange markets.

How the QAR-PKR Rate Is Determined
The exchange rate between the Qatari Riyal and Pakistani Rupee is influenced by global market demand and supply, with additional oversight from national monetary authorities. The Qatari Riyal is pegged to the U.S. Dollar at a rate of 3.64 QAR per USD, a fixed exchange policy maintained since 1980 by the Qatar Central Bank to ensure economic predictability and investor confidence.

Advertisements

In contrast, the PKR follows a managed float, where market forces primarily set the value, supplemented by State Bank of Pakistan (SBP) interventions when needed. Factors like remittances, inflation, foreign reserves, and broader economic indicators contribute to the QAR-PKR rate. The current decline suggests a slight strengthening of the PKR, possibly due to recent improvements in remittance inflows or stabilization in Pakistan’s economic metrics.

Effects on Remittances and Bilateral Trade
This small adjustment affects both countries’ economic ties. For the Pakistani diaspora in Qatar, which numbers over 200,000, a weaker QAR against the PKR means slightly reduced rupee value of the money sent back home. For example, what previously converted to 77,210 PKR per 1,000 QAR now equals 76,850 PKR, a minor drop that can impact households dependent on remittances, especially during periods of high inflation.

On the trade front, a stronger PKR offers benefits for Pakistani businesses importing Qatari goods, particularly in the energy sector, by slightly lowering import costs. However, it could also diminish the competitiveness of Pakistani exports, such as textiles and agriculture, in Qatari markets, unless mitigated by pricing or quality advantages.

Currency Overview
The Qatari Riyal (QAR), introduced in 1973, is managed by the Qatar Central Bank and is known for its stability, largely due to Qatar’s oil and gas-driven economy and the currency’s peg to the U.S. dollar. It is divided into 100 dirhams.

The Pakistani Rupee (PKR), in circulation since 1947, is divided into 100 paisa and overseen by the State Bank of Pakistan. Its value is more fluid, shaped by Pakistan’s economic performance, remittance levels, and international financial developments.

As the QAR-PKR rate trends slightly lower, observers are watching economic conditions in both countries for clues on future currency movements.

Advertisements
AZB Editor

AZB Editor

Related Posts

Cindy Rodriguez Singh Added to FBI’s Ten Most Wanted Fugitives List
Headline

Cindy Rodriguez Singh Added to FBI’s Ten Most Wanted Fugitives List

July 26, 2025
PSO Expands Women’s Driving and Riding Training Program across Pakistan
Business

PSO Expands Women’s Driving and Riding Training Program across Pakistan

July 26, 2025
Government of Pakistan Launches “Pakistan National Food System Transformation Website- Digital Food Systems Platform” and “Cost of Healthy Diet Report for First Quarter 2025”
Business

Government of Pakistan Launches “Pakistan National Food System Transformation Website- Digital Food Systems Platform” and “Cost of Healthy Diet Report for First Quarter 2025”

July 26, 2025
SITE President emphasize face recognition CCTV cameras to apprehend culprits
Business

SITE President emphasize face recognition CCTV cameras to apprehend culprits

July 26, 2025
Asma Aamir and members held a program in honor of Handicraft Chairperson Ayesha Farooqui
Business

Asma Aamir and members held a program in honor of Handicraft Chairperson Ayesha Farooqui

July 26, 2025
Pakistan’s Higher Education Takes a Significant Leap in Digitization
Business

Pakistan’s Higher Education Takes a Significant Leap in Digitization

July 26, 2025
Hostile Environment Awareness Training Held at SSU for Medical Students
Business

Hostile Environment Awareness Training Held at SSU for Medical Students

July 26, 2025
BYD Shark 6, Pakistan’s First Luxury Pickup, Now Available for Bookings
Business

BYD Shark 6, Pakistan’s First Luxury Pickup, Now Available for Bookings

July 26, 2025
Your August 2025 issue of Rotary is now available
ARTICLES

Your August 2025 issue of Rotary is now available

July 26, 2025
Algeria and Italy strengthen ties with 14 new agreements in key sectors
Business

Algeria and Italy strengthen ties with 14 new agreements in key sectors

July 26, 2025
Next Post
Alibaba.com Deepens Commitment to Pakistani Businesses with Launch of Online Logistics Services

Alibaba.com Deepens Commitment to Pakistani Businesses with Launch of Online Logistics Services

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *


Most Popular

PM Youth Laptop Scheme 2025: HEC Releases Merit List – Check Your Eligibility Online Now!

Improving Pakistan’s Response to Gender-Based Violence – A discussion on implementation of the Anti-Rape Act 2021.

Yinyleon & her husband most viewed amateurs 2022 on adult site.

Reckitt Benckiser (RB) & partners to revolutionize access of health & hygiene across 1 million rural households, backed by the UK Government

Mehwish Salman Ali Elected President of CxO Global Forum USA Chapter

Must Read

Air University
HEALTH / EDUCATION

Air University organizes career fair for the students in Islamabad

June 18, 2022
Tecno global top brand
Headline

TECNO acknowledged as global top brand by CES 2022-23.

January 9, 2023
The Azb is a 24/7 online news platform that covers a wide range of topics including business, economics, technology, finance, travel, fashion, and lifestyle.

Quick Links

  • Home
  • About us
  • SCI-TECH
  • Live TV
  • Banking

Useful Links

  • Videos
  • Reviews
  • Advertorial
  • Photos
  • About us
  • Author
  • Home
  • Latest News
  • Partner
  • Privacy Policy
  • Russian Theatre Group Celebrates Fifth Anniversary in Pakistan.
  • Terms and Conditions
  • The Azb – More Than Just News
  • Contact

© Copyright 2024 theazb. All Rights Reserved.

No Result
View All Result
  • HOME
  • Latest News
  • Business
  • PAKISTAN
  • SPORTS
  • WORLD
  • E-Paper
  • SCI-TECH
  • BANKING
  • ARTICLES
  • OPINION
  • MORE
    • MOBILE
    • TELECOM
    • PERSONALITY
    • HEALTH / EDUCATION

© Copyright 2024 theazb. All Rights Reserved.