Rupee puts major dent in dollar
Rupee on Thursday turned tables on the US dollar, strengthening by over a percent in inter-bank trade. It was because of the hopes of revival of the International Monetary Fund (IMF) bailout.
Rupee on Thursday turned tables on the US dollar, strengthening by over a percent in inter-bank trade. It was because of the hopes of revival of the International Monetary Fund (IMF) bailout.
Karachi: On October 28, the Pakistani Rupee registered losses for the third consecutive session against the US dollar. The local currency depreciated Rs. 0.97 or 0.44% against the greenback and closed at.
Karachi: Pakistan’s rupee once again registered a decline on Friday, depreciating 0.02% against the US dollar in the interbank market. According to the State Bank of Pakistan (SBP), the rupee closed at.
Karachi: The government’s warning to reign in currency speculation again pushed down the US dollar’s slide against the Pakistani rupee for the sixth consecutive session on Friday. Right after taking charge of.
On Tuesday, the Pakistani rupee gained further ground as the US dollar continued its declining trend for the third consecutive session. The dollar lost Rs3.11 against the rupee and closed at.
Karachi: The Pakistani rupee fell to a record low against the US dollar on Monday, breaching threshold of 245 against the greenback in the open market. With a fresh decline of Rs4.40,.
Karachi: The Pakistani rupee’s downfall against the US dollar continued for the fifth consecutive session on Thursday. The local currency closed at 225.42 after losing 2 in the interbank market, down in.
Karachi: On Friday, the Pakistani rupee’s free fall continued against the US dollar as the local unit remained under pressure in the interbank market due to wide-ranging factors. Following its week-long depreciation.
Karachi: On Thursday, the Pakistani rupee continued to gain territory against the US dollar for the fifth straight session. The rupee appreciated 2.65 or 1.17% against the dollar to reach 226.15, down.
On Thursday, Finance Minister Miftah Ismail said the dollar market was now “under control”. He also claimed that stability had returned following the government’s announcement that it intended to complete the remainder.
New York: On July 13, the dollar surged to a 20-year high against a basket of currencies and the euro broke below parity against the greenback. The data showed that U.S. consumer.
The dollar proceeded with its ascent against the Pakistani Rupee on Friday, climbing to Rs209 in interbank trade. The greenback was trading at Rs209 on Friday afternoon (12:28 pm), according to the.
Karachi: The dollar continued to rise against the Pakistan rupee and zoomed past Rs207 in interbank trade on Thursday. According to the State Bank of Pakistan (SBP), the local currency recorded a.
Karachi: On June 13, the Pakistani rupee continued its downward slide against the US dollar as it broke all previous records by dropping to an all-time low of 203.86 in the interbank.
In intraday trade on Tuesday, the Pakistani rupee (PKR) continued to be beaten by the US dollar, losing 1.65 rupees.
In the interbank market, the dollar was trading at about 204 versus the.
Karachi: On Wednesday, the Pakistani rupee recovered partially and closed at 201.52 against the US dollar in the interbank market. According to data released by the State Bank of Pakistan (SBP),.
On Friday, the US dollar, extended its gains against the rupee for the 11th consecutive session today as it gained 25 paisa by the close. According to the Forex Association of Pakistan.
The US dollar rose against the rupee for the sixth straight session on Tuesday, breaking above the Rs196 barrier in interbank trade, an all-time high, owing to the country’s depleted foreign exchange.
On Monday, the dollar climbed above Rs 194 versus the rupee in the interbank market, as analysts expressed concern about the country’s mounting import bill.
The greenback gained Rs1.30 from Friday’s close in.
The Pakistani rupee has been on a downward trend for the past several days, crossing Rs193 against the US dollar on Friday, amid rapid depletion of foreign exchange reserves and concern over.
Karachi: After a bleak month, the rupee finally made a comeback against the dollar on Friday, closing at Rs185.9 in the interbank market. This development is largely associated with the Supreme Court’s.
Karachi: Contrary to the prevailing trend during the week, the Pakistani currency earned 0.19% against the US dollar on the last trading day of the week. The local currency settled at Rs177.50.
The sudden imposition of a withholding tax on exchange businesses, which are receiving letters from the Federal Board of Revenue worth hundreds of millions of rupees, might push the dollar price above.
On the open market on Thursday, the Pakistani rupee dropped 15 paisas against the US dollar.
The US dollar grew by 0.09 percent, according to the State Bank of Pakistan. It was worth.
Karachi: It emerged that the Pakistani currency shed 0.01% against the US dollar on the last trading day of the week. The Rupee value settled at Rs178.13 against the greenback compared to.
The State Bank of Pakistan (SBP) has put another another limitation on buying dollars on the open market, requiring biometric verification for all persons purchasing $500 or more. The dollar, on the.
On Thursday, Fitch Ratings, New York-based agency, reworked its forecast as US dollar flow had boosted into Afghanistan. It projected that rupee will be increased from PKR 165 to PKR 180.
ISLAMABAD, Oct 12 (APP): The exchange rate of Pakistani rupee strengthened by 2 paisas against the US dollar in the interbank trading on Monday and closed at Rs163.81 against the previous day’s.