Banks to settle international transaction by purchasing dollars from open market: MEBL

MG News | December 30, 2022 at 03:08 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

December 30, 2022 (MLN): Meezan Bank Ltd (MEBL) informed that Banks can settle Debit/Credit card transactions on international merchants/websites by purchasing dollars from open market, the bank has announced on its official social media platform on Friday.

Hence, the conversion rate on these transactions is applied according to the prevailing open market rate which may differ from the rate displayed on the international merchant website.

At the time of writing, the scrip of the company is being traded at Rs99.99, which is up by Rs0.81 or 0.82% DoD.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	177,623.88 478.02M	-0.36% -638.45
ALLSHR	107,472.27 954.45M	-0.34% -365.17
KSE30	53,131.56 115.62M	-0.41% -216.11
KMI30	250,814.93 150.64M	-0.28% -695.43
KMIALLSHR	68,971.49 608.41M	-0.29% -202.37
BKTi	50,769.48 23.80M	-0.58% -295.25
OGTi	34,999.12 6.26M	-0.71% -249.30

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	63,725.00	64,810.00 62,680.00	-1240.00 -1.91%
BRENT CRUDE	84.03	88.06 82.52	-4.33 -4.90%
RICHARDS BAY COAL MONTHLY	105.75	0.00 0.00	-0.50 -0.47%
ROTTERDAM COAL MONTHLY	120.00	0.00 0.00	0.25 0.21%
USD RBD PALM OLEIN	1,175.00	1,175.00 1,175.00	0.00 0.00%
CRUDE OIL - WTI	79.33	82.43 77.78	-3.28 -3.97%
SUGAR #11 WORLD	14.56	14.70 14.50	-0.02 -0.14%