Tue, 21-Oct-2025

Rupee falls 24 paisas in interbank market

Rupee falls

KARACHI: The rupee fell 24 paisas against the dollar on Thursday in the interbank foreign exchange market, despite shrinking current account deficit, dealers said. The local currency ended at Rs229.15 to the dollar from the previous day’s closing of Rs228.91 in the interbank foreign exchange market. The dealers said the market ignored the contraction in … Read more

Rupee falls for third consecutive session

Rupee falls

KARACHI: The Pakistani rupee continued to remain under pressure against the dollar on Friday on the back of narrowing foreign exchange reserves and a likely increase in the import bill, dealers said. The exchange rate witnessed a loss of 5 paisas against the dollar to reach Rs218.43 from the previous day’s closing of Rs218.38 in … Read more

Rupee falls for second straight day on rising oil prices

KARACHI: The Pakistani rupee fell for the second straight day against the dollar amid surging global oil prices. The rupee declined 23 paisas to end at Rs176.72 against the dollar on Tuesday, against the closing of Rs176.49 the previous day in the interbank foreign exchange market. The dealers said that the market had seen high … Read more