KARACHI: The rupee recovered another Rs1.96 against the dollar on Wednesday, as the government initiated measures to comply with the conditions of the International Monetary Fund (IMF), dealers said. The rupee closed at Rs265.38 against the greenback, compared with Tuesday’s closing of Rs267.34 in the interbank foreign exchange market. The local unit recovered Rs11, or … Read more
KARACHI: The rupee continued to slide for the seventh consecutive trading session on Tuesday making a fresh historic low of Rs181.73 against the dollar. The rupee ended Rs181.73 to the dollar from the previous day’s closing of Rs181.25 in the interbank foreign exchange market. The local unit fell by Rs3.22 or 1.80 per cent during … Read more
KARACHI: The rupee plunged by 63 paisas to cross Rs180, making the historic low against the dollar on Thursday. The exchange rate ended at Rs180.07 to the dollar from the previous day’s closing of Rs179.44 in the interbank foreign exchange market. The previous all-time low in the rupee value against the dollar was recorded a … Read more
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
KARACHI: The rupee recovered 33 paisas against the dollar on Friday amid reports of debt rescheduling agreements signed by Pakistan. The exchange rate ended Rs177.50 to the dollar from the previous day’s closing of Rs177.83 in the interbank foreign exchange market. The rupee made a recovery after declining for three straight days. Pakistan, a day … Read more
KARACHI: The rupee depreciated 48 paisas against the dollar on Tuesday as the international oil prices rallied near $100 per barrel. The exchange rate ended at Rs176.23 to the dollar, as compared with Rs175.75 the previous day in the interbank foreign exchange market. The dealers said that the rising oil prices in the international markets … Read more
KARACHI: The rupee gained 28 paisas against the dollar on Thursday as the international oil prices continued to decline. The exchange rate ended at Rs175.39 to the dollar from the previous day’s closing of Rs175.67 in the interbank foreign exchange market. The dealers said that the global oil prices witnessed a continuous decline due to … Read more
KARACHI: The movement of international oil prices will decide the fate of the rupee during the next week. Currently, the rupee is stable, owing to the inflows received from a lending agency and the proceeds of the Sukuk bond. The exchange rate for the week ended February 11, 2021 closed at Rs174.71 against the greenback … Read more
KARACHI: The rupee made a slight gain of two paisas against the dollar on Wednesday amid high foreign currency demand for import payments. The exchange rate ended at Rs176.41 to the dollar from the previous day’s closing of Rs176.43 in the interbank foreign exchange market. The dealers said that the market had seen dollar demand … Read more
KARACHI: The rupee fell for the third straight day against the dollar on Thursday, owing to a surge in the international oil prices. The exchange rate ended at Rs176.49 to the dollar from the previous day’s closing of Rs176.22 in the interbank foreign exchange market. The local unit recorded a decline of 57 paisas or … Read more
KARACHI: The Pakistan rupee recorded a slight gain on Tuesday on improved dollar supply in the market, dealers said. The local currency gained 5 paisas to end at Rs176.63 against the last day’s closing of Rs176.68 in the interbank foreign exchange market. The dealers said the local rupee maintained its level, as the banks received … Read more
KARACHI: The free-fall in the rupee value continued on Tuesday, as the dollar hit a new record high of Rs178.19 at the closing of the interbank foreign exchange market, dealers said. The exchange rate witnessed a decline of two paisas against the dollar from the previous day’s closing of Rs178.17 in the interbank. The last … Read more
KARACHI: The rupee recovered three paisas from it’s all-time low against the dollar on Thursday on tightening of foreign exchange buying in the open market, dealers said. The rupee ended at Rs178.12 against the greenback from the previous day’s closing of Rs178.15 in the interbank foreign exchange market. The rupee recorded the all-time low of … Read more
KARACHI: The rupee fell slightly against the dollar on Tuesday but made a new historic low of Rs178.05 at the closing of the interbank foreign exchange market, dealers said. The exchange rate witnessed an ease of one paisa in the rupee value against the dollar from the previous day’s closing of Rs178.04, which was also … Read more
KARACHI: The dollar recorded another high of 177.89 against the rupee at the closing of the interbank foreign exchange market on Monday, dealers said. The exchange rate witnessed an 18 paisas decline in the rupee value to end at Rs177.89 against the dollar from the last trading day’s closing of Rs177.71, the previous record low … Read more
KARACHI: The rupee rebounded on Tuesday and gained 48 paisas against the dollar in the interbank foreign exchange market, dealers said. The exchange rate ended at Rs175.72, compared with Rs176.20 against the dollar on the previous day in the interbank foreign exchange market. The local currency strengthened after the State Bank of Pakistan (SBP) and … Read more
KARACHI: The planned inflows under the Saudi assistance package next week may help ease rupee volatility. According to the government authorities, the Saudi support of $3 billion would be transferred directly to the State Bank of Pakistan (SBP) next week. Saudi Arabia on October 26, 2021 announced to support Pakistan in managing its balance of … Read more
KARACHI: The rupee gained 46 paisas against the dollar on Monday, amid a highly volatile trading session, dealers said. The exchange rate ended at Rs174.77 against the dollar, compared with Rs175.23 in the interbank foreign exchange market. The dealers said the market opened with a sharp rise in the rupee value; following the monetary policy … 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 weakened 17 paisas against the dollar on Thursday, as international oil prices made gains a day ago. The exchange rate ended at Rs159.30 against the greenback, compared with the previous day’s closing of Rs159.13 in the interbank foreign exchange market. The currency dealers said the rise in the international oil prices on … Read more
KARACHI: The rupee recovered 38 paisas against the dollar on Wednesday, owing to the receivables of the Eurobond proceeds that impacted the market sentiments, dealers said. The exchange rate ended at Rs159.13 against the dollar from the previous day’s closing of Rs159.51 in the interbank foreign exchange market. The currency dealers said the foreign inflows … Read more
