The dollar’s strength prompted the rupee to lose 99 paise on Monday, after losing 3.65% in the previous seven sessions. From a low of Rs188.18 on April 7, the rupee …
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InternationalLatest Updates
Gen. Akhtar Abdul Rahman among 1400 Pakistanis who kept secret wealth in Swiss banks
An account was opened in the name of three of General Akhtar’s sons in 1985, even though the general never faced charges of stealing aid money. Years later, the paper …
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EconomyLatest Updates
over 150 arrested by FIA in crackdown against manipulation of dollar-rupee exchange rate in pakistan: DG FIA
FIA has initiated a nationwide crackdown on manipulation of dollar-rupee exchange rate in the open market
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EconomyLatest Updates
SBP accuses banks of involvement in currency speculation
by Umar Sohailby Umar SohailKARACHI: The State Bank expressed serious concerns on Thursday over speculation by banks in the currency business, saying they were involved in the multibillion-rupee game. Banking sources said a high-level …
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EconomyLatest Updates
Stock market sheds another 603 points this morning, dollar, crude oil show minor fluctuation in price
Pakistan stock market has become vulnerable to speculations and 100-index is losing its worth rapidly
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EconomyLatest Updates
Rupee continues to make modest gains against dollar
by Umar Sohailby Umar SohailLocal currency settles at Rs170.53 against the US dollar in the inter-bank market with a gain of 0.20%. The foreign exchange reserves held by the central bank drop by 0.65% …
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ISLAMABAD: Pakistani rupee depreciated by 84 paisa against greenback on Friday, continuing its downward journey amid strengthening dollar in interbank market as the currency closed the day’s trade at PKR …
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The rupee depreciated by 70 paisa as the dollar was being quoted at Rs160.
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Persistent rise in oil prices exerting pressure on rupee. Dealers anticipate the rupee to touch 160 per dollar soon maybe in the session ahead. The rupee closed at 159.33 per …
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In his new tweet, Dawood said our exports to the US during FY2021 increased by 39% to $5.2 billion as compared to $3.7 billion during FY 2020