KARACHI: Pakistani rupee gained 14 paisas against the dollar in early trade at the interbank foreign exchange market on Thursday. The dollar is being traded at Rs174.90 at the opening of the interbank market. The exchange rate was closed at Rs175.04 on Wednesday, November 24, 2021. Analysts said that the local currency witnessed a gain … Read more
KARACHI: The rupee gained 47 paisas against the dollar on Tuesday after certainty in external inflows. The exchange rate ended at Rs174.30 against the dollar from the previous day’s closing of Rs174.77 in the interbank foreign exchange market. The dealers said the market opened positively; following an announcement made by Adviser to the Prime Minister … Read more
KARACHI: The rupee gained 47 paisas against the dollar at the opening of the interbank foreign exchange market on Tuesday as the dollar is being traded at Rs174.30. The exchange rate ended at Rs174.77 at the last the closing of interbank foreign exchange market. Currency dealers said that clarity in inflows from IMF had sent … Read more
KARACHI: The average customer rates of buying and selling of US dollar (USD) against Pakistani rupee (PKR) are Rs 173.1 and Rs 174.83 at 07:29 pm PST on November 22, 2021. The USD decreased against the PKR when compared with the buying and selling of Rs175.15 and Rs176.9 on November 21, 2021. The exchange rate … Read more
KARACHI: The rupee made a sharp recovery against the dollar at the opening of the interbank foreign exchange market on Monday. The rupee recovered Rs1.63 as the exchange rate is presently at Rs173.61 to the dollar. The rupee ended at Rs175.24 to the dollar in the interbank foreign exchange market last Friday. Currency dealers attributed … Read more
KARACHI: The rupee ended 57 paisas down against the dollar on Friday, owing to higher demand for the foreign currency for import payments. The exchange rate ended at Rs175.24 against the greenback from the previous day’s closing Rs174.67 in the interbank foreign exchange market. It was the second straight day when the dollar strengthened against … Read more
KARACHI: The Pakistani Rupee gained 77 paisas against the dollar in early trade at the interbank foreign exchange market on Friday. The dollar is being traded at Rs173.90 at the opening of the interbank market. The exchange rate was closed at Rs174.67 on Thursday November 18, 2021. Analysts said that the appreciation comes on the … Read more
KARACHI: The dollar rebounded and gained 91 paisas to close at Rs174.67 on Thursday in the interbank foreign exchange market, dealers said. The foreign currency breaks the three-day gaining streak of the rupee after a statement issued by the adviser to the prime minister on finance regarding the International Monetary Fund (IMF) conditions to continue … Read more
KARACHI: The rupee continued to recover against the dollar on Tuesday, as it gained 40 paisas; following measures taken by the central bank regarding increase in the average cash reserve requirements to 6 per cent. It is the second straight day of recovery in the rupee value. The exchange rate ended at Rs174.89 against the … Read more
KARACHI: The rupee recovered sharply by Re1 against the dollar at the opening of the interbank foreign exchange market on Monday. The dollar is being traded at Rs174.73. The exchange ended at Rs175.73, at the historic low level to the dollar on last Friday in the interbank foreign exchange market. Market analysts said that the … Read more
Karachi: USD to PKR – Today US Dollar rate in Pakistan on 15th November 2021 is Rs. 176.85. This is the inter-bank closing exchange rate for the US Dollar to Pakistani Rupee which is provided by the State Bank of Pakistan (SBP) every day. US Dollar to Pakistan Rupee rate is based on open market rates which are … Read more
KARACHI: The dollar hit an all-time high of 178 in the mid-session at the open market after it went up Rs1.50, dealers said. During the week the greenback in the open market went up Rs6. In the interbank market, the dollar increased Rs1.81 to reach Rs176. During the week the foreign currency gained Rs5.99, while … Read more
KARACHI: The dollar reaches to Rs175 at the opening of the interbank foreign exchange market on Friday. The dollar gained 81 paisas against the rupee. The last day’s closing of the exchange rate was Rs174.19 against the dollar. Currency dealers said that the local unit is under pressure due to higher import payments. They said … Read more
KARACHI: The rupee ended unchanged at Rs170.01 against the dollar on Friday, amid the demand for import payments, dealers said. They said the market had witnessed the demand for the foreign currency for import payments. However, the supply of export receipts and workers’ remittances supported the rupee to maintain its value. The local currency recovered … Read more
KARACHI: The rupee touched a record low of 172.78 against the dollar in the interbank market on Monday, owing to the high demand for the foreign currency for external payments, dealers said. The exchange rate recorded a decline of Rs1.6 in the rupee value against the greenback, compared with last Friday’s closing of Rs171.18 to … Read more
KARACHI: The rupee recovered two paisas against the dollar on Friday, as external payments demand kept the market under pressure, dealers said. The exchange rate ended at Rs171.18 against the greenback from the previous day’s closing of Rs171.20 in the interbank foreign exchange market. The rupee recorded an all-time low of Rs171.20 against the dollar … Read more
KARACHI: The rupee finally recovered nine paisas against the dollar on Thursday after touching 171 in the intraday trading, as the State Bank of Pakistan (SBP) introduced more restrictions to curb outflows of foreign currency. The exchange rate ended at Rs170.87 against the dollar from the previous day’s closing of Rs170.96 in the interbank foreign … Read more
ISLAMABAD: The revival of economic activities domestically has surged import bill, mainly due to an increase in the prices of raw materials for consumer and capital goods, especially during the last three months. The substantial rise in the international commodity prices is the major reason for the increase in import bill, which has put pressure … Read more
The rupee has depreciated in the domestic exchange markets and today the dollar is trading at an all-time high in the interbank market. At the Interbank Foreign Exchange (IFEX), the dollar rose by 51 paise and closed at 169.60 paise. In the open market, the dollar has risen by 60 paise to Rs 171.
ANKARA:Turkey’s central bank cut its main interest rate on Thursday after months of pressure from President Recep Tayyip Erdogan for it to lower rates. The Turkish lira lost over 1.4 per cent in value against the US dollar after the bank announced it was cutting the one-week repo rate to 18 per cent from 19 … Read more
The dollar depreciated against the rupee in the interbank market while the dollar appreciated in the local open currency market. According to a report by the Forex Association of Pakistan, the dollar depreciated by 30 paise against the rupee in the interbank market on Tuesday, taking the buying price of the dollar from Rs 168.70 … Read more
KARACHI: The rupee fell by 16 paisas against the dollar on Wednesday, owing to the demand for import and corporate payments, dealers said. The exchange rate ended at Rs168.68 against the greenback from the previous day’s closing of Rs168.52 in the interbank foreign exchange market. The dealers said the demand for external payment kept the … Read more
KARACHI: The rupee recovered 20 paisas against the dollar on Tuesday, owing to the supply of foreign currency during the day, dealers said. The exchange rate ended at Rs168.52 against the dollar from the previous day’s closing of Rs168.72 in the interbank foreign exchange market. The dealers said the market witnessed inflows of export receipts … Read more
Despite tall claims of a burgeoning economy by the Pakistan government, the rupee plunged to depth raising concerns that the free-fall may continue in the future too. The external payments pressure and the uncertain conditions in the neighbouring Afghanistan will keep a check on the rupee stability, while the incessant fluctuations in its value against … Read more
KARACHI: The rupee depreciated 53 paisas against the dollar on Monday, as external payments kept the demand higher for the foreign currency. The exchange rate ended at Rs168.72 against the dollar from last Friday’s closing of Rs168.19 in the interbank foreign exchange market. The dealers said the dollar demand remained high because of the first … Read more
RIYADH: Saudi Arabia’s holding of US Treasury securities increased for the second consecutive month in July, reaching $128.1 billion, Arab News quoted the new data from the US government. The holdings increased by 0.2 per cent from June, and 2.8 per cent from July last year. However, the Saudi holdings in July is down by … Read more
KARACHI: The rupee/dollar parity is likely to face further pressure on ballooning current account deficit next week. The local currency had already touched an all-time low during the outgoing week. The rupee value may further deteriorate on the mounting demand for external payments. During the outgoing week, the rupee fell to an all-time low of … Read more
When the SBP took action on the rising value of the dollar, the value of the dollar fell sharply in the interbank market. According to the details, the SBP took action on the rising value of the US dollar. After the intervention of the central bank, the dollar fell by Rs 1.52 paise in the … Read more
