rupees to dollars – BOL News Staging

Dollar hits Rs175 at interbank opening

November 12, 2021November 12, 2021 by Baseer Ahmed

KARACHI: The dollar reaches to Rs175 at the opening of the interbank foreign exchange market on Friday. The dollar gained 81 paisas against the rupee. The last day’s closing of the exchange rate was Rs174.19 against the dollar. Currency dealers said that the local unit is under pressure due to higher import payments. They said … Read more

Strong inflows may keep rupee stable next week

October 18, 2021June 12, 2021 by Web Desk

KARACHI: Inflows of workers’ remittances and export receipts may help the rupee remain stable next week, despite higher demand for import and corporate payments. The remittances grew to a record high of $26.7 billion during the first 11 months (July-May) 2020/2021, compared with $20.66 billion in the same period of the last fiscal year, showing … Read more

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