Tue, 21-Oct-2025

Monetary policy announcement may end rupee volatility

Rupee

KARACHI: The monetary policy announcement scheduled for next week may end the volatility in the rupee value. The State Bank of Pakistan (SBP) is scheduled to announce the monetary policy statement on December 14, 2021. The Monetary Policy Committee will take all the current economic indicators into consideration, while making the decision. One of the … Read more

Rupee sheds 19 paisas against dollar

Rupee

KARACHI: The rupee lost 19 paisas against the dollar on Tuesday, as the demand for the foreign currency persisted for import payments, dealers said. The exchange rate ended at Rs158.37 against the dollar from the previous day’s closing of Rs158.18 in the interbank foreign exchange market. The currency dealers said economic activities have been gaining … Read more