ISLAMABAD – A tool called "Freelance Digital Account and Card" has been introduced by the Pakistan Software Export Board, a division of the Ministry of Information Technology, in partnership with the Bank of Punjab. Through this facility, freelancers will be able to register a digital account in both rupees and dollars.
According to media reports, Syed Junaid Imam, a member of the IT department, attended an event organised at a local hotel in Islamabad as a special guest, along with President and CEO Zafar Masood of the Bank of Punjab, other authorities, and a large number of freelancers.
Speaking at the event, Syed Junaid Imam said that now freelancers will be able to open accounts in dollars and rupees from the comfort of their own homes. He also emphasised the importance of the role that freelancers played in the growth of the IT sector and said that nation's IT exports were vying for 15 billion dollars.
He said that commercial banks should offer facilities and their banking products for IT firms and independent contractors in order to meet the objective of 15 billion dollars set by the Pakistani prime minister. The IT Ministry is already playing its role in this regard.
Pakistani currency rates against US Dollar and other currencies on May 16, 2024 (Thursday) in open market.
US dollar was being quoted at 277.15 for buying and 279.95 for selling.
Euro stands at 296.25 for buying and 299 for selling while British Pound rate is 344.5 for buying, and 348 for selling.
UAE Dirham AED was at 75.15 and Saudi Riyal came down to 73.50.
Currency | Symbol | Buying | Selling |
---|---|---|---|
US Dollar | USD | 277.15 | 279.95 |
Euro | EUR | 296.25 | 299 |
UK Pound Sterling | GBP | 344.5 | 348 |
U.A.E Dirham | AED | 75.15 | 75.9 |
Saudi Riyal | SAR | 73.5 | 74.2 |
Australian Dollar | AUD | 180.5 | 182.2 |
Bahrain Dinar | BHD | 739.77 | 747.77 |
Canadian Dollar | CAD | 203 | 205 |
China Yuan | CNY | 38.49 | 38.89 |
Danish Krone | DKK | 40.25 | 40.65 |
Hong Kong Dollar | HKD | 35.61 | 35.96 |
Indian Rupee | INR | 3.33 | 3.44 |
Japanese Yen | JPY | 1.91 | 1.99 |
Kuwaiti Dinar | KWD | 904.28 | 913.28 |
Malaysian Ringgit | MYR | 58.69 | 59.29 |
New Zealand Dollar | NZD | 167.45 | 169.45 |
Norwegians Krone | NOK | 25.67 | 25.97 |
Omani Riyal | OMR | 722.59 | 730.59 |
Qatari Riyal | QAR | 76.41 | 77.11 |
Singapore Dollar | SGD | 203 | 205 |
Swedish Korona | SEK | 25.67 | 25.97 |
Swiss Franc | CHF | 306.51 | 309.01 |
Thai Bhat | THB | 7.57 | 7.72 |
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