Tue, 21-Oct-2025

Rupee continues to slide in interbank market

Rupee continues to slide

The exchange rate shed 18 paisas to close at Rs225.82 against the dollar. The government’s stalled talks on ninth review have resulted in increased pressure. S&P Global cut Pakistan’s long-term sovereign credit rating by one notch to “CCC+”. KARACHI: The Pakistani rupee remained under pressure against the dollar on Monday owing to renewed concerns regarding … Read more

Rupee continues to slide against dollar

Rupee

The exchange rate shed 20 pasias to reach Rs224.11, against the previous day’s closing of Rs223.91. Currency experts attributed the worsening conditions of the economy to the depreciation in the local unit. Pakistan needs foreign inflows on an urgent basis to avoid a balance of payment crisis. KARACHI: The Pakistani rupee maintained the downward momentum … Read more

Rupee recovers against dollar in interbank market

Rupee recovers against dollar

The exchange rate gained 26 pasias to reach Rs223.69 against the dollar, dealers said. The local currency reversed its losses against the foreign currency. Foreign exchange reserves held by the State Bank of Pakistan fell $134 million to reach $7.82 billion during the week ended November 18. KARACHI: The Pakistani rupee showed recovery against the … Read more

Rupee holds ground in interbank market

Rupee

The exchange rate remained unchanged at Rs223.95 in the interbank foreign exchange market. The local unit remained unchanged as the government received $500 million from AIIB. The increase in benchmark policy rate also played a significant role in discouraging the manufacturing sector to import raw material. KARACHI: The Pakistani rupee remained stable against the dollar … Read more

Rupee continues to take battering

Rupee

KARACHI: The Pakistani rupee fell for the fourth consecutive session against the dollar on Monday owing to deteriorating macroeconomics and increasing pressure on the economy due to debt repayments, dealers said. The exchange rate witnessed a loss of 46 paisas against the dollar to reach Rs218.89 from Friday’s closing of Rs218.43 in the interbank foreign … Read more

Dogecoin TO PKR: Today’s Dogecoin Price in Pakistan on, June 02, 2022

Doge to PKR

Dogecoin to PKR – The exchange rate for the Dogecoin (DOGE ) cryptocurrency to the Pakistani rupee on 02 June 2022 is 16.27 Pakistani Rupee. Dogecoin Price in Pakistan Check the updated DOGE to PKR Pakistan Exchange Rate Chart. Today 1 Dogecoin to PKR Exchange Rate (Updated 2nd June 2022) 1 DOGE Dogecoin = 16.27 … Read more

Rupee hits new low of Rs179.22 against dollar

Rupee

KARACHI: The rupee continued to make historic lows against the dollar, as it fell to Rs179.22 on Tuesday, owing to import payments and political uncertainty, dealers said. The exchange rate ended at Rs179.22 against the greenback from the last day’s closing of Rs178.98, the previous all-time low, in the interbank foreign exchange market. The dealers said … Read more

Rupee slides to historic low against dollar

Rupee

KARACHI: The rupee declined 2 paisas to the dollar on Wednesday to the record low of Rs178.63 as the global oil prices remained high amid the Russia-Ukraine war coupled with the rising domestic demand for Ramazan. The exchange rate ended at Rs178.63 dollar from the previous day’s closing of Rs178.61 in the interbank foreign exchange … Read more

Rupee falls 21 paisas against dollar

Rupee

KARACHI: The rupee lost 21 paisas against the dollar on Wednesday, as international oil prices spiked at $113/barrel, dealers said. The exchange rate ended at Rs177.62 against the greenback, compared with the previous day’s closing of Rs177.41. The international oil prices recorded a massive jump; following Russian supply concerns after war with Ukraine. The benchmark … Read more

Dollar rebounds against rupee on import payment demand

dollar

KARACHI: The dollar rebounded against the rupee by 47 paisas on Friday owing to weekly demand and high oil prices. The exchange rate ended at Rs175.86 to the dollar from the previous day’s closing of Rs175.39 in the interbank foreign exchange market. The rupee made gains during the past two trading sessions owing to ease … Read more

Rupee gains 11 paisas as international oil prices slide

Rupee

KARACHI: The rupee recovered 11 paisas against the dollar on Wednesday as the international oil prices fell after hitting the seven years high on Monday. The exchange rate ended at Rs175.67 to the dollar from the previous day’s closing of Rs175.78 in the interbank foreign exchange market. The dealers said that the global oil prices … Read more

Rupee drops 31 paisas against dollar

Rupee

KARACHI: The rupee declined 31 paisas against the dollar on Tuesday, as international oil prices recorded a further rise, dealers said. The exchange rate ended at Rs175.78 against the greenback, compared with the previous day’s closing of Rs175.47 in the interbank foreign exchange market. The dealers said the upsurge in the international oil prices put … Read more

Playing by the book

Mian Nauman Kabir

LAHORE: Volatile exchange rate and higher inflation are the key challenges for the businesses, said Mian Nauman Kabir, president of the Lahore Chamber of Commerce and Industry. “Volatile exchange rate is a big challenge. Usually, shipments are received months after placing import orders. Change in the exchange rates squeezes profit margins and in many cases … Read more

Rupee makes sharp recovery on IMF disbursement

Rupee

KARACHI: The Pakistani rupee made a recovery of 89 paisas against the dollar on Thursday after the International Monetary Fund (IMF) board approved the disbursement of over $1 billion for Pakistan. The exchange rate ended Rs175.52 to the dollar from the previous day’s closing of Rs176.41 in the interbank foreign exchange market. The dealers said … Read more