Interbank Rate On Thursday, the rupee’s ongoing strengthening trend against the dollar continued, as the greenback depreciated by Rs1.03 in the interbank market. With this latest decrease, the dollar now …
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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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EconomyExclusive
Rupee slaughtering cost Rs3 trillion in a year to consumers, importers
by Hamza Irshadby Hamza IrshadRupee slaughtering cost Rs3 trillion in a year to consumers, importers Exclusive Report of The Truth International magazine Pakistani Rupee (PKR) has become unstable and vulnerable during the past year. …
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For the sixth session in a row, the PKR strengthened against the dollar during early trade in the interbank market, gaining Rs1.88. According to the Forex Association of Pakistan, the …
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ISLAMABAD: In the inter-bank, the value of the US dollar surged to 186 rupees once again on Wednesday morning, indicating that the regime-change impact on the dollar-rupee exchange rate was …
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Analysts attributed the spike in the dollar value to increase in demand saying imports and debt repayment were pushing the greenback’s price in the interbank market.