KARACHI: The rupee lost 94 paisas against the dollar to hit an all-time low of Rs176.42 on Thursday, owing to a huge trade deficit during the first five months of the current fiscal year. On Wednesday the exchange rate closed at 175.48 in interbank foreign exchange market. Previously, the rupee fell to the historic low … Read more
KARACHI: The rupee made a recovery of 24 paisas against the dollar on improved sentiments regarding foreign inflows and falling international oil prices, dealers said on Wednesday. The exchange rate ended at Rs175.48 against the dollar from the previous day’s closing of Rs175.72 in the interbank foreign exchange market. The local currency recovered against the … Read more
KARACHI: The rupee continued declining trend against the dollar for the third consecutive day on Wednesday, as it depreciated to Rs172.93 in the interbank foreign exchange market, dealers said. The exchange rate witnessed a drop of Rs1.30 in its value against the dollar from the previous day’s closing of Rs171.63 in the interbank foreign exchange … Read more
KARACHI: The US dollar gained 37 paisas against the rupee in early trade at the interbank foreign exchange market on Wednesday. The dollar is being traded at Rs172 to the rupee till filing of this report at 10:00am today. On Tuesday, the exchange rate closed at Rs171.63. The local currency recorded a significant gain during … Read more
