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 continues to extend losses against Dollar
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.
Rupee registers losses against Dollar
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.
Dollar weakens after govt’s warning to reign in currency
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.
Dollar free fall continues against Rupee
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.
Rupee surpases 245 against Dollar
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,.
Rupee continues to sink against dollar
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.
Rupee free fall continues against dollar
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.
Dollar continues to slump against Rupee
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.
Dollar market under control, stability has returned: Miftah
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.
Dollar jumps, euro breaks parity
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.
Dollar ascends to Rs209 in interbank trade
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.
Rupee slumps to record low
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.
Rupee breaks all previous records against US dollar
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.
Dollar reaches Rs.204 in 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.
Rupee recovers partially against dollar
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),.
Dollar closes at record above Rs200
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.
Interbank trading recorded at Rs. 196.50
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.
Dollar reaches an all-time high, climbs past Rs.194
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.
Rupee reaches another historic low
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.
Rupee recovers as dollar falls to Rs185.9
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.
Rupee closes at Rs177.5 against US dollar
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.
Dollar may cross Rs.200 mark, after imposing 16pc withholding tax
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.
Pakistani rupee depreciates against the US dollar
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.
Rupee closes at Rs178.13 against US dollar
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.
SBP: Biometric Verification necessary for buying $500 or more
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.
Rupee Strengthens Against US dollar
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.