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
KARACHI: The rupee fell for the second straight day against the dollar on Friday as Russian attacks on Ukraine intensified. The rupee fell 72 paisas against the dollar to close at Rs177.11 from previous day’s closing of Rs176.39 in the interbank foreign exchange market. The Russian invasion of its neighbouring country escalated the oil prices … Read more
KARACHI: The liquid foreign exchange reserves of the country plummeted by $551 million to $23.35 billion by the week ended January 14, 2022, the State Bank of Pakistan (SBP) said on Thursday. The foreign exchange reserves of the country were at $23.901 billion by the week ended January 7, 2022. The official reserves of the … Read more
KARACHI: The liquid foreign exchange reserves of the country declined $103 million to $24.312 billion by the week ended July 9, 2021, the central bank reported on Thursday. The foreign exchange reserves of the country stood at $24.415 billion on July 2, 2021, it added. The official foreign exchange reserves of the State Bank of Pakistan … Read more
