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Rupee hits new 1-week low as downtick continues | The Express Tribune
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[ad_1] KARACHI: Taking cue from the open market, Pakistani rupee maintained its downtick in the inter-bank market for the second consecutive day on Thursday, dropping 0.08%, or Rs0.22, to a new one-week low at Rs285.62 against the US dollar. The…
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Gold continues upward trajectory with Rs1,100 rise
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[ad_1] An undated image of gold jewellery at a store. — AFP/File The rate of gold continued to rise in Pakistan Monday as the international price of the safe-haven bullion also went up. The price of gold (24 carats) increased…
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Gold uptrend continues as rupee sees no major change
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[ad_1] People buy gold jewellery at a store in Amritsar, India on October 22, 2022. — AFP/File As the rupee continued to see no major changes, gold prices gained for the second straight day on Tuesday. The price of gold…
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Swiss banking sector in turmoil as Credit Suisse continues to face woes
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[ad_1] Credit Suisse shares plunged Wednesday after already suffering heavy falls following the collapse of two US banks. AFP/File ZURICH: Credit Suisse shares went into free fall Wednesday, as the banking giant battered by a series of scandals, was seen…
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Gold continues to shine as rupee registers losses
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[ad_1] An undated image of a goldsmith showing a necklace to a customer. — AFP/File Amid a delay in the revival of the International Monetary Fund (IMF) programme, the rupee resumed its downtrend which pushed the price of gold upwards…
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Rupee continues winning streak against dollar amid ‘market optimism’
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[ad_1] A representational image of a man counting rupee notes at a money exchanger. — AFP/File The Pakistani rupee further strengthened on Wednesday against the dollar, continuing its winning streak in the interbank market as the government gears up to…
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Rupee rout continues amid ‘tough’ IMF demands
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[ad_1] A foreign currency dealer counts US dollar notes at a currency market in Karachi on July 19, 2022. — AFP The already under-pressure Pakistani rupee declined further against the dollar on Friday following Prime Minister Shehbaz Sharif’s comments that the…
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Gold dazzles as rupee rout continues
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[ad_1] A re[resentational image of gold jewellery. — AFP/File Gold price in Pakistan continued to gain following the international precious metal markets that are rising in reaction to a hawkish US Federal Reserve, while the rupee’s plunging to a historic…
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Rupee down in the dumps as dollar continues to flex muscles
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[ad_1] A dealer counts US dollars at a money exchange market in Karachi on January 26, 2023. — AFP/File The rupee continued its downward slide for the third consecutive day on Monday, losing Rs7.03 to a dollar or 2.61% to…
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Rupee breaches 270 against USD as downward spiral continues | The Express Tribune
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[ad_1] KARACHI: The Pakistani currency surpassed Rs270 against US dollar for the first time at noon on Monday in the interbank market as the government surrendered its control over the exchange rate to satisfy IMF demands. The currency was freshly…
