Dollar loses ISLAMABAD: The evergreen international currency, the US dollar lost Rs 11 in the inter-bank trading on Tuesday. The dollar-rupee exchange rate fell to 274 rupees on Tuesday, from …
dollar-rupee exchange rate
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Economy
US Dollar Reaches All-Time High Against Rupee Amid Deteriorating Political Situation
by Umar Sohailby Umar SohailThe rupee reached an all-time low versus the US dollar when it increased by 1.8 percent on Wednesday in the interbank market, ostensibly as a result of a worsening political …
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The Pakistani rupee sharply declined against the United States (US) dollar in the interbank market, hitting a new record low of Rs287.90. Forex dealers reported that at 2:00 pm, the …
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Economy
Rupee regained lost glory, dollar drops to 278 in inter-bank
by Hamza Irshadby Hamza IrshadDar said the government has fulfilled the upfront conditions of the IMF and the staff-level agreement is likely to be signed any time next week.
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Economy
Pakistani rupee crashed on Thursday as deal with IMF hangs in balance
by Hamza Irshadby Hamza IrshadPakistani rupee crashed on Thursday as deal with IMF hangs in balance ISLAMABAD: Pakistani rupee crashed on Thursday in the inter-bank as the dollar-rupee exchange rate hit a record high …
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Economy
Stock market, rupee surge amid hopes of a good news from IMF today
by Hamza Irshadby Hamza IrshadISLAMABAD: The stock market and currency market appeared bullish amid hopes of a good news from the International Monetary Fund (IMF) programme. The benchmark KSE-100 Index surged above 600 points …
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Economy
Rupee gains over Rs5 against Dollar today as govt-IMF continue talks
by Hamza Irshadby Hamza IrshadISLAMABAD: Pakistani currency gained more than Rs5 value against the US dollar on Monday (Feb 6) as the government and IMF continued talks for the approval of the ninth review …
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Economy
Dollar hits record high level in inter-bank as SBP’s reserves fall to $3.08 billion
by Hamza Irshadby Hamza IrshadISLAMABAD: The US dollar continued to derail the Pakistani currency’s value in the inter-bank and open market trading from the day the government allowed its free-float to meet a condition …
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According to the Exchange Companies Association of Pakistan (Ecap), the rupee continued to fall rapidly on Friday, trading at Rs266 per dollar at 10:32 a.m., down Rs11.17 or 4.58 percent …
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Economy
Dollar set to cross Rs 250 rate in open market today after Exchange Cos end price-cap
by Hamza Irshadby Hamza IrshadKARACHI/ISLAMABAD: Bowing to another harsh condition of the IMF, the federal government allowed the exchange companies to manage “free float” of the US dollar in the open market. With this …