KARACHI: The Union of Small and Medium Enterprises (Unisame) has warned its Small and Medium Enterprises (SMEs) to remain cautious with the Afghan transactions in view of the prevailing political situation in major parts of that country. Unisame president Zulfikar Thaver cautioned the SME exporters about the situation of Afghanistan, as almost 85 per cent … Read more
KARACHI: The rupee recovered 85 paisas against the dollar on Thursday, breaking the five-day losing streak, dealers said. The exchange rate ended at Rs157.68 against the dollar from the previous day’s closing of Rs158.53 in the interbank foreign exchange market. [amazonad] The currency dealers said the market had witnessed a sufficient supply of foreign currency … Read more
KARACHI: The rupee continued its downward movement for the fifth consecutive day, as it lost 34 paisas against the dollar on Wednesday, dealers said. The local currency declined due to the persistent rise in the demand for the foreign currency for import and corporate payments, they said. [amazonad] The exchange rates ended at Rs158.53 against … Read more
KARACHI: The rupee remained stable against the US dollar on Tuesday, as there were sufficient remittances and export receipts to offside higher demand for the import and corporate payments, dealers said. The exchange rate ended at Rs156.18 against the dollar from the last day’s closing of Rs156.19 in the interbank foreign exchange market. The dealers … Read more
KARACHI: The rupee extends losses against the US dollar on Tuesday, as the demand for the foreign currency rose for import and corporate payments, dealers said. The rupee fell 47 paisas to close at Rs155.78 against the greenback from the previous day’s closing of Rs155.31 in the interbank foreign exchange market. The local currency lost … Read more
