Tue, 21-Oct-2025

Rupee ends flat against dollar

rupee

KARACHI: The rupee ended flat against the dollar on Tuesday ahead of the monetary policy announcement scheduled for today, December 14, 2021, dealers said. The exchange rate ended at Rs177.88 against the dollar from the previous day’s closing of Rs177.89 in the interbank foreign exchange market. The dealers said the market participants were anticipating a … Read more

Remittances grow to $12.9 billion in five months

Remittances

KARACHI: The State Bank of Pakistan (SBP) has said that the inflows of remittances sent by overseas Pakistanis grew 9.7 per cent to $12.9 billion during the first five months (July-November) 2021/22. The SBP said that with $2.4 billion of inflows during November 2021, workers’ remittances continued their strong streak of remaining above $2 billion … Read more