dollar
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Oil down on strong dollar | The Express Tribune
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[ad_1] NEW YORK: Oil futures fell for a third day on Wednesday, as a stronger dollar and worries about weaker demand and rising interest rates outweighed supply concerns that followed last week’s OPEC+ cut to its production target. Both OPEC and the US Energy Department slashed their demand outlooks. Last week, together with allies including…
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Rupee continues to rise against dollar for 13th straight session
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[ad_1] A currency dealer counts US dollars at a shop. — AFP/File KARACHI: The Pakistani rupee continued to recover against the US dollar for the 13th consecutive session in the interbank market Tuesday. The rupee closed at Rs217.79, appreciating by 0.18 or 0.08% from yesterday’s close of Rs217.97, according to the State Bank of Pakistan.…
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Dollar continues nosedive against rupee, closes at 217.97
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[ad_1] A file image showing a currency dealer counting $100 notes — AFP/File KARACHI: The Pakistani rupee continued its upward trajectory against the US dollar for the 12th consecutive session in the interbank market on Monday. The local unit appreciated by Rs1.95 or 0.89%, against the greenback and closed at 217.97 in the interbank market.…
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Dollar to fall below Rs200, says Dar | The Express Tribune
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[ad_1] ISLAMABAD: Finance Minister Ishaq Dar said on Saturday that the rupee had been regaining strength against the dollar and the dollar would fall below Rs200, because it had gone beyond its real value. Talking to a private TV channel, the finance minister said the country’s macroeconomic indicators had surely lots of problems but the…
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Rupee continues upward momentum against dollar
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[ad_1] A file image showing a currency dealer counting $100 notes — AFP/File KARACHI: The Pakistani rupee on Monday managed to post more gains against the US dollar as the local unit jumped by Rs1.70 against the greenback during early trade in the interbank market. The rupee was changing hands at Rs226.75 after gaining 1.70…
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PKR gains further against dollar after speculators warned of action
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[ad_1] A representative image. KARACHI: The Pakistani rupee appreciated further against the US dollar in the interbank market Friday — the sixth consecutive session — after Finance Minister Ishaq Dar’s warning to speculators to stop their activities. The local unit was being traded at 228 to a dollar after gaining 1.63 today. The rupee has…
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Dollar continues to tumble as market pins hope on Ishaq Dar
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[ad_1] A file image shows a currency dealer counting $100 notes while Rs5,000 notes are placed on the table beside him. — AFP/File KARACHI: The US dollar continued its nosedive against the Pakistani rupee for the fourth straight session in the interbank market on Wednesday as the market pinned hope on Ishaq Dar, the country’s…
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Ishaq Dar affect? Rupee registers massive gains against dollar
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[ad_1] A currency dealer can be seen counting Rs500 notes. — AFP/File KARACHI: The rupee made massive gains on Monday, skyrocketing by 1.11% against the US dollar in the interbank market, hours before the arrival of PML-N leader Ishaq Dar in the country who is slated to become Pakistan’s new finance minister. In the interbank…
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Ishaq Dar tasked to control dollar, bring down inflation
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[ad_1] PML-N leader Ishaq Dar before departure to Pakistan. LONDON: PML-N supremo Nawaz Sharif has tasked his close aide and party’s finance guru, Ishaq Dar, to control the rising dollar rate and bring down inflation that has affected the government badly. The former finance minister has departed from London for Islamabad after remaining in exile…
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Pound hits record low versus dollar
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[ad_1] Sterling pound banknotes and coins displayed on a table in London, UK, April 22, 2022. — AFP HONG KONG: The pound hit a record low against the dollar Monday on surging fears about the UK economy after the government unveiled a huge tax-cutting budget. The selloff came as most equity markets across Asia fell…
