Exchange Rates The relentless surge in the value of the US dollar against the Pakistani rupee continued on Monday (today), reaching an unprecedented high of Rs330 in the open market. …
dollar
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Economy
Army chief says foreign exchange currency dealers to be brought under tax-net: Is it COAS responsibility?
Foreign Exchange LAHORE/ISLAMABAD: The foreign currency exchange dealers would be brought under the tax-net. Army chief General Asim Munir stated this in a meeting with the business community at the …
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Exchange rate gap ISLAMABAD: On Friday, the US dollar further shocked the people in the country as its exchange rate gap in the inter-bank and open market widened to Rs …
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Articles
Economy of Pakistan is sinking rapidly after formation of caretaker govt
by Hamza Irshadby Hamza IrshadPakistan is sinking rapidly. Exclusive Article published in The Truth International magazine ISLAMABAD: After the approval of the IMF loan, everyone in the country and abroad was anticipating economic revival …
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Latest Updates
Pakistani Rupee Hits Record Low of 305 Against the Dollar in Interbank Trading
by Hamza Irshadby Hamza IrshadPakistani Rupee ISLAMABAD: The gap between the inter-bank rate and market exchange rate continues to widen as the US dollar maintains its upward surge against the weakening Pakistani rupee. During …
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Economy
US dollar sets new record in inter-bank and open market trading on tuesday
by Hamza Irshadby Hamza IrshadNew Record in Inter-Bank ISLAMABAD: The US dollar set a new record in the inter-bank and open market trading in Pakistan on Tuesday. In the inter-bank the dollar-rupee exchange rate …
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ISLAMABAD: Today, the Pakistani rupee continued to grapple with substantial pressure against the American dollar, resulting in an additional decrease in its value. During Today’s trading, the greenback continued to …
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Economy
Rupee Hits all-time low at 288 against USD Amid IMF Loan Delay
by Umar Sohailby Umar SohailThe interbank market recorded a new all-time low of Rs288 against the US dollar for the Pakistani rupee. The delay in the revival of the International Monetary Fund (IMF) loan …
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New year, new rates: US dollar continues to climb: New year, new rates: US dollar continues to climb The government’s emergency measures, which included a promise to further crack down …
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Ishaq Dar, the federal finance minister, claimed on Sunday that the previous government had done everything possible during its nearly four years in office to ensure that the country’s economy …