Browsing Tag

#Rupee

Pakistan Confident: No Rupee Devaluation Expected in IMF Talks

DTD- Apr 18, 2024

Pakistan Anticipates Stable Rupee Amid IMF Negotiations, Aims for Economic Growth WASHINGTON: In a positive development for Pakistan's economic outlook, Finance Minister Muhammad Aurangzeb has expressed confidence in the stability of the…

Diplomatic

Yields, dollar rise after stronger-than-expected US PPI data supress rate cut hopes

DTD- Feb 17, 2024

US markets will be closed on Monday for the Presidents' Day holiday. NEW YORK: US Treasury yields rose and the dollar edged up against the yen on Friday after data showed US producer prices increased more than expected in January, adding…

Rupee continues ascendance against US Dollar

DTD- Dec 19, 2023

American currency depreciates by 16 paisas in interbank market. The US Dollar continued to depreciate further against the Pakistani Rupee, as it decreased in value by 16 paisas in the interbank market on Tuesday morning. In the…

Pakistan

Pakistani rupee continues to strengthen against US Dollar

DTD- Dec 14, 2023

In the open market, the Dollar was quoted at Rs284.50 for selling and Rs281.50 for buying. On Thursday morning, the exchange rate of the US Dollar to Pakistani Rupee (USD to PKR) witnessed a notable decline, initiating the trading session…

Pakistan

Rupee gains 1.68 against US dollar in interbank

DTD- Nov 16, 2023

Following the agreement on the first review of the $3 billion, nine-month Stand-By-Arrangement (SBA), the Pakistani rupee appreciated Rs1.68 against the US dollar (USD) in the interbank on Thursday, media reported. On Wednesday, the…

Pakistan

Pakistani rupee appreciated by 93 paisa against US dollar in interbank trading

DTD Feb 20, 2023

Islamabad: (Staff Reporter) Pakistan rupee appreciated by 93 paisa against the US dollar in the interbank trading and closed at Rs.261.88, against the previous day’s closing of Rs.262.81. The exchange rates of Emirates Dirham and Saudi…

Pakistan

Rupee closed at 223.91 after decrease of 0.22 against US dollar

DTD Dec 5, 2022

Karachi: (Web Desk) Green back sustained minor losses against the US dollar, as the currency recorded a depreciation of 0.10% in the interbank market. The State Bank of Pakistan (SBP), the rupee closed at 223.91 after a decrease of Re0.22.…