ISLAMABAD: The foreign exchange reserves of the State Bank of Pakistan marked a stunning growth of $258 million last week. The central bank, however, did not mention the source of …
dollar-rupee exchange rate
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Economy
Forex firms advise govt to fix higher dollar rate to Rs240 to boost remittances
by Hamza Irshadby Hamza IrshadISLAMABAD: The Exchange Companies Association of Pakistan today urged the federal government to fix the dollar-rupee exchange rate to around Rs240 to enhance remittances and end black-market of dollar in …
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The value of the Pakistani rupee decreased somewhat against the US dollar in the interbank market and dropped by over 0.04% during Thursday’s first hours of trading. In intraday trade, …
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In the interbank market, the Pakistani rupee continued to advance versus the US dollar, gaining roughly 0.2% in the first hours of trading on Wednesday. During intra-day trade, the rupee …
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EconomyExclusiveLatest Updates
Ishaq Dar reversing financial bleeding with constant increase in rupee value, stock market index
by Umar Sohailby Umar SohailISLAMABAD: Finance Minister Ishaq Dar has succeeded in reversing the financial bleeding of Pakistan. It is evident from 20 rupees decline in the value of dollar in the interbank, at …
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National
PKR continues its winning streak and gains by RS1.84 in interbank
by Hamza Irshadby Hamza IrshadTuesday’s early interbank trade saw the PKR increase by Rs1.84 against the dollar, the ninth session in a row that it has done so. The Forex Association of Pakistan reported …
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National
Dollar Price Update: Pakistani rupee weakens hovers around 236-237 level against US dollar
by Hamza Irshadby Hamza IrshadIn the interbank market, the Pakistani rupee has been losing ground against the US dollar and was trading at approximately 236-237 on Friday. As of 12:30 p.m, intraday trading has …
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EconomyExclusiveLatest Updates
IMF’s condition of dollar’s free-float gives blow to PKR, $ gains Rs27 in open market and Rs14 in inter-bank in 10 days
by Umar Sohailby Umar SohailISLAMABAD: The International Monetary Fund (IMF) condition of ensuring a free-float of the dollar for the resumption of loan programme has caused a serious blow to the value of Pakistani …
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Thursday’s early trade in the interbank market saw a loss of Rs1.78 for the rupee, according to figures released by the Forex Association of Pakistan (FAP). In comparison to yesterday’s …
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EconomyLatest Updates
Gap of open market and inter-bank rate of dollar surges to Rs10 today
by Umar Sohailby Umar SohailMalik Bostan Khan, Chairman ECAP revealed that the open market was following the path of black market, where the dollar has increased to Rs235.