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Tag: Financial Market

Trump tariffs
Business
  • Reuters
  • Apr 08, 2025
Trump threatens to hike China tariffs further as market plunge continues

Financial markets across the globe posted a third day of losses in response to Trump’s tariffs and fears of a recession.

SBP open market operations
Business
  • Web Desk
  • Jul 27, 2024
SBP injects over Rs9.5 trillion into financial market to enhance liquidity

On Friday, the State Bank of Pakistan (SBP) injected a total of Rs9,545 billion into the financial market through a combination of OMOs.

USD to PKR
Business
  • Web Desk
  • Mar 11, 2024
Interbank closing: PKR continues slight depreciation trend

The Pakistani rupee (PKR) experienced a marginal depreciation against the US dollar (USD) during Monday’s interbank session.

SBP held foreign exchange reserves
Business
  • Web Desk
  • Feb 15, 2024
SBP-held forex reserves climb to $8.05 billion in weekly boost

In a notable development, the foreign exchange reserves held by the State Bank of Pakistan (SBP) have witnessed a positive trajectory, registering a weekly increase of $13 million, according to data released on Thursday, February 9.

USD to PKR
Business
  • Web Desk
  • Oct 26, 2023
Pakistani rupee continues decline against US dollar, closes at Rs280.09

In the latest financial developments, the Pakistani rupee saw its value diminish against the US dollar for the fourth consecutive time, marking a 0.07 per cent depreciation in the inter-bank market on Thursday.

US dollar in Pakistani rupee
Business
  • Web Desk
  • Oct 24, 2023
Interbank closing: rupee continues to lose against US dollar, closes at Rs279.43

Pakistani rupee (PKR) experienced a depreciation of 31 paisa against the US dollar, settling at PKR 279.43.

SBP to facilitate IT exporters
Business
  • Web Desk
  • Oct 21, 2023
No change expected: SBP likely to maintain 22% interest rate

The State Bank of Pakistan (SBP) is expected to keep its key interest rate steady at 22 per cent this month, according to Topline Securities.

USD to PKR
Business
  • Web Desk
  • Oct 18, 2023
Pakistani rupee loses more than Rs3 against US dollar in a single day

According to the State Bank of Pakistan, the Pakistani rupee settled at Rs280.29 after a notable decrease of Rs3.26 in the inter-bank market.

US dollar to PKR rate
Business
  • Web Desk
  • Oct 05, 2023
PKR maintains one-month winning streak versus dollar, closes at Rs283.62

In a remarkable display of resilience, the Pakistani rupee has sustained a winning streak against the US dollar for an entire month, marking a significant financial achievement.

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