Pakistani rupee shows resistance against the greenback, gaining marginal gains in the inter-bank market. Information from the State Bank of Pakistan reveals that the domestic currency experienced an increase of Rs0.45, reaching a final value of 287.46 as compared to the previous trading sessions. During those sessions, the rupee had been losing ground against the … Read more
Today, during intraday trade in the interbank market, the Pakistani rupee experienced a renewed decline against the US Dollar, starting at 287.3 at the opening. At morning, it was bearish, falling as low as 288 after losing ~Rs. 2 against the rupee. Afterward, it surged to the 287 mark from 12:30 PM to 1:15 PM … Read more
KARACHI – US Dollar makes a comeback against the rupee and the local currency suffered marginal losses in the interbank market on Monday. According to data provided by the State Bank of Pakistan, the Pakistani rupee experienced a slight decrease against the US dollar, with a decline of 0.07 percent. Rupee remained under pressure on … Read more
KARACHI: In a noteworthy development, the Pakistani currency has showcased a remarkable recovery for the second consecutive working day. It registered a gain of 0.21% or Rs0.59 against the US dollar in the interbank market, surging to Rs286.45. This upward trend in the exchange rate reflects a positive trajectory for the national currency against its … Read more
Karachi – Today, the value of the US Dollar showed a slight decline in both the interbank and open market against the Pakistani Rupee. On July 26th, 2023, the value of the US dollar in the interbank market decreased by 59 paise, reaching Rs. 286.45. This is lower than the rate of Rs. 287.04 from … Read more
The Pakistani rupee finally reversed its 8-day losing streak against the US Dollar during intraday trade today after opening trade at 288.225 in the interbank market. Throughout the day, the exchange rates for various currencies remained steady between 290 to 295. By the end of the day, the Pakistani Rupee (PKR) gained value and appreciated … Read more
The Pakistani rupee close the week with losses against the US Dollar during intraday trade today after opening trade at 285 in the interbank market. At 11 AM, the situation was bearish as the value dropped to 286.725 against the greenback, losing around 60 paisas. Later, it dropped to the 287 level between 12:30 PM … Read more
KARACHI: The Pakistani rupee fell against the dollar on Monday, owing to renewed fears of default, as Pakistan paid $1 billion for the Eurobond on December 2, three days ahead of its due date, besides rising demand for the greenback, dealers said. The exchange rate shed 22 pasias to reach Rs223.91, against Friday’s closing of … Read more
KARACHI: The rupee fell 62 paisas against the US dollar on Monday, owing to the higher demand for foreign payments, dealers said. The exchange rate ended at Rs157.51 against the dollar from last Friday’s closing of Rs156.89 in the interbank foreign exchange market. [amazonad] The currency dealers said the demand for the greenback remained … Read more
KARACHI: The rupee lost 69 paisas against the dollar due to higher demand for import payments, dealers said on Monday. The exchange rate ended at Rs155.31 to the dollar from the last Friday’s closing of Rs154.62 in the interbank foreign exchange market. The dealers said the high international oil prices also impacted the exchange rate. … Read more
The US Dollar gained 26 paise against the Pakistani Rupee in the interbank on the first day of the business week. According to the details, in the interbank market, the dollar rose from Rs 160.14 to Rs 160.40 on Monday. Earlier State Bank of Pakistan (SBP) revealed that the country’s net foreign reserves jumped by … Read more
After increasing for three consecutive days since the new business week’s started, the US dollar rate has decreased today against the Pakistani rupee. According to the data released by the State Bank of Pakistan, the dollar has become 13 paise cheaper in the interbank market. After decreasing 13 paise in the value of the dollar … Read more
The start of the new business week has seen an increase in the dollar rate. According to the data released by the State Bank of Pakistan, the dollar has increased by 20 paise in the interbank market. After a 20 paise rise in the value of the dollar at the interbank market rose from Rs165.97 … Read more
The dollar rate in Pakistan has once again risen on 7th September 2020. According to the data released by the State Bank of Pakistan, the dollar has risen by 11 paise in the interbank market. Interbank closing #ExchangeRate for today: https://t.co/h74KV26vrr pic.twitter.com/dOyucF0iBv — SBP (@StateBank_Pak) September 7, 2020 [rmbrfpost slug=”dollar-rate-once-again-increases-in-pakistan/”] According to Forex dealers, the … Read more
USD to PKR: Dollar rise by Rs 3 and trading at Rs162 in the interbank market on Wednesday, the highest level against the Pakistani rupee since June 2019. Market sources reveals, that the increase in dollar’s price can be linked to the State Bank’s decision to reduce interest rate by another 150 basis points, bringing … Read more
