Dollar hits 318 ISLAMABAD: In the open market, the foreign exchange companies sold the US dollar at 318 rupees on Friday, the highest-ever so far. The companies bought the dollar …
open market trading
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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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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
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 …
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EconomyLatest Updates
Dollar bulldozing rupee, crosses 238 in inter-bank & Rs 245 in open market, setting aside $3 billion Saudi deposits rollover for a year
by Umar Sohailby Umar SohailISLAMABAD: The US dollar continued to bulldoze Pakistani rupee on Monday even after the rollover of $3 billion Saudi deposits with the State Bank of Pakistan for a year. The …
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EconomyLatest Updates
Dollar hits Rs200 in inter-bank trading ahead of govt-IMF talks: Is it part of IMF requirement?
by Umar Sohailby Umar SohailToday is the seventh consecutive business day of the unbridled growth of the US dollar in the inter-bank and open market as the new government keeps mum on this issue …