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WEB DESK
January 12, 2024

IMF nod: Rupee strengthens against US dollar

The current IMF programme is expected to conclude in the second week of April. The initial tranche of $1.2 billion was released in July.

WEB DESK
December 27, 2023

US dollar continues to slide against Pakistani rupee

In the open market, the price of the dollar reached Rs283.75 after a decrease of 25 paisas.

WEB DESK
December 21, 2023

Rupee increases against dollar in interbank

Globally, the US dollar found a footing on Thursday as a sudden end to a strong rally for US stocks had investors looking for safety.

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WEB DESK
December 13, 2023

Interbank closing: PKR records slight gain against US dollar

In the latest interbank trading session on Wednesday, the Pakistani rupee (PKR) demonstrated resilience, marking a gain of 16.99 paisa against the US dollar (USD).

WEB DESK
December 11, 2023

Rupee inches higher against US dollar

The workers’ remittances recorded an inflow of $2.2505 billion in November as compared to the previous month’s figure of $2.4631 billion, the SBP data showed.

WEB DESK
December 8, 2023

US dollar drops further against PKR

In the broader market, the dollar largely drifted sideways, with currency moves outside of the yen subdued ahead of Friday’s US jobs data.

WEB DESK
November 14, 2023

Rupee sees marginal improvement against US dollar

At the end of trading on Monday, the currency closed at 289 for selling and 286 for buying, according to data provided by the Exchange Companies Association of Pakistan (ECAP).

WEB DESK
November 13, 2023

US dollar sees sharp rise against Pakistani rupee

As per the Forex traders, the rupee depreciation continued on the last trading day of the current business week.

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WEB DESK
November 7, 2023

12th straight decline: PKR closes at Rs286.39 against USD

In the twelfth consecutive session, the Pakistani rupee experienced a decline against the US dollar, depreciating by 0.38 per cent in the inter-bank market on Tuesday, according to the State Bank of Pakistan (SBP).