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PSX continues to make gains, crosses 56,000 milestone
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[ad_1] Pakistani traders stand beneath an electronic board displaying share prices at the Pakistani Stock Exchange (PSX). — INP/File KARACHI: The Pakistan Stock Exchange (PSX) continued to make gains as it peaked at an all-time high by crossing the 56,000 mark on Monday. The KSE-100 index reached 56,176.16 points during the intraday trading, up by 784.80…
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PSX crosses 56,000 points as rupee continues downward trend | The Express Tribune
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[ad_1] KARACHI: The Pakistan Stock Exchange (PSX) surpassed another milestone of 56,000 points to reach a new all-time high, extending the record-making spree on Monday. At the same time, the Pakistani rupee dropped to a six-week low of Rs288 against the US dollar in the inter-bank market due to an increase in demand for the…
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PSX touches new heights as rupee continues downward trend | The Express Tribune
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[ad_1] KARACHI: The Pakistan Stock Exchange (PSX) hit a new all-time high and crossed the 55,000 points barrier for the first time in history while the local currency slumped to a five-week low of Rs287.5 against the US dollar in the inter-bank market during morning trading hours on Friday. PSX benchmark KSE-100 Index touched 55,268 points, soaring…
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Rupee continues to slide on 10th day | The Express Tribune
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[ad_1] KARACHI: The Pakistani currency continued its slide for the tenth consecutive working day, reaching a one-month low above Rs284 against the US dollar in the interbank market on Friday. According to State Bank of Pakistan (SBP) data, the local currency dropped by 0.31%, or Rs0.88, to close at Rs284.31 against the greenback. This decline…
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Rupee continues to rally against US dollar, gains Rs1.04 | The Express Tribune
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[ad_1] ISLAMABAD: Pakistani rupee on Tuesday witnessed its 20th consecutive recovery session as it gained Rs1.04 against the US dollar in the interbank trading and closed at Rs285.72 against the previous day’s closing of Rs 286.76. According to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open…
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Rupee continues its rising streak for 15th straight session
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[ad_1] A currency dealer can be seen counting $100 notes while Rs5,000 notes are placed on the table. — AFP/File The Pakistani rupee maintained its upward trajectory against the US dollar for the 15th consecutive session on Monday. The local unit gained Re0.9 against the greenback in the interbank market today. The PKR closed at…
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Rupee surges Rs1.04 against US dollar as recovery continues | The Express Tribune
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[ad_1] ISLAMABAD: Pakistani rupee on Tuesday witnessed the 11th consecutive recovery session as it gained Rs1.04 against the US dollar in the interbank trading and closed at Rs 294.90 against the previous day’s closing of Rs 295.94. The recovery of the Pakistani rupee comes on the back of strong support from administrative measures like a…
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Gold continues to lose value in Pakistan as rupee appreciates
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[ad_1] Price of gold in the international market increases by $7 to $1,926 from $1,919. — AFP/File ISLAMABAD: As the rupee gained ground against the US dollar the per tola price of 24 karat gold declined by Rs2,600 and was sold at Rs209,400 on Monday compared to the Rs212,000 close it did last week. The…
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Rupee continues to make gains against dollar
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[ad_1] A dealer collect US dollars at a money exchange market in Karachi on January 26, 2023. — AFP KARACHI: The Pakistan rupee posted massive gains against the dollar on Monday in the open market in line with the government’s decision to launch a crackdown against currency smugglers, hoarders and black marketers. The greenback was…
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Gold continues downward journey in Pakistan for fifth straight day
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[ad_1] An updated image of gold jewellery displayed at a store. — AFP Prices of gold in the domestic market remained under pressure and continued their free fall for the fifth consecutive day on Friday. According to data released by the All-Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of the yellow metal (24…
