corporate payments – BOL News Staging

Rupee ends firmer

December 24, 2021 by Muhammad Zubair

KARACHI: The rupee ended firmer against the dollar on Friday, amid high dollar demand for import and corporate payments, dealers said. The rupee eased by one paisa to Rs178.13 against the dollar from the previous day’s closing of Rs178.12 in the interbank foreign exchange market. The dealers said the demand for the foreign currency was … Read more

Exchange rate volatility likely to continue

December 18, 2021December 18, 2021 by Shaista Zafar

KARACHI: The volatile exchange rate is expected to continue next week, owing to higher dollar demand for import and corporate payments by the year-end. The rupee ended the week with an all-time low of Rs178.04 on December 17, 2021. The local currency lost 33 paisas, or 0.2 per cent, during the week, despite harsh measures … Read more

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