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Reuters
Feb 06, 2025

Yen hits 8-week high; sterling drops after Bank of England rate cut

The pound GBP=D3 fell 0.8% to $1.24065 after the Bank of England cut interest rates as expected, but forecast higher inflation and weaker growth, with two officials calling for an even larger rate cut.

Business

Web Desk
Nov 15, 2023

17th consecutive decline: Pakistani rupee settles at Rs288.14 vs dollar

The Pakistani rupee continued its decline against the US dollar, depreciating by 0.09 per cent in the interbank market.

Business

Web Desk
Nov 13, 2023

Interbank closing: Pakistani rupee witnesses 15th consecutive decline

In its 15th consecutive session, the Pakistani rupee sustained losses against the US dollar, depreciating by 0.18 per cent in the interbank market on Friday, according to the State Bank of Pakistan (SBP).

Business

Web Desk
Oct 31, 2023

7th consecutive decline: rupee ends losing more than 50 paisa against dollar

In the seventh consecutive session, the Pakistani rupee faced a decline against the US dollar, dropping by 0.18 per cent in the inter-bank market on Tuesday, according to the State Bank of Pakistan (SBP).

Business

Web Desk
Oct 30, 2023

Sixth consecutive decline: Pakistani rupee closes 38 paisa lower against US dollar

In the latest economic developments, the Pakistani rupee faced its sixth consecutive decline against the US dollar, depreciating by 0.14 per cent in the inter-bank market on Monday.