dollar
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Dollar crosses 210-mark in interbank as govt struggles to reach IMF deal
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[ad_1] A forex dealer cunting currency notes in this file photo. KARACHI: The rupee declined further in the interbank market amid a delay in the signing of the deal with the International Monetary Fund (IMF) and was traded at 210.19 on Monday during the intraday trade, according to the Tresmark. It ended at 208.75 on…
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Dollar soars to Rs208.39 in interbank market
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[ad_1] A representative image. KARACHI: The dollar continued its upward trend to trade at Rs208.39 to a dollar in the interbank market amid increasing uncertainty over the revival of the International Monetary Fund’s loan programme stalled over policy breaches by the previous government. The local unit lost 0.72 during the intraday trade, according to the…
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Rupee free fall continues as dollar hits 209 | The Express Tribune
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[ad_1] KARACHI: The Pakistani rupee plunged beyond Rs209 against the US dollar for the first time in the inter-bank market in the early hours on Friday. The greenback was available at a record low level of Rs209.19 against the USD, a currency dealer reported at 10:16 am. It had closed at Rs207.67 on Thursday. Cumulatively,…
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Rupee free fall continues as dollar hits Rs209 | The Express Tribune
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[ad_1] KARACHI: The Pakistani rupee plunged beyond Rs209 against the US dollar for the first time in the inter-bank market in the early hours on Friday. The greenback was available at a record low level of Rs209.19 against the USD, a currency dealer reported at 10:16 am. It had closed at Rs207.67 on Thursday. Cumulatively,…
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Dollar tops 208 in interbank trade as rupee slides further | The Express Tribune
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[ad_1] KARACHI: The Pakistani currency plummeted against the US dollar and surpassed Rs208 against the greenback. The rupee was available at Rs208.25 against the USD at 12:25pm on Thursday. The domestic currency plunged Rs1.79 to record low at Rs208.25 against the greenback at 12:25pm. The local currency had closed at Rs206.46 on Wednesday, according to…
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Dollar surge continues amid uncertainty over IMF programme
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[ad_1] A representative image. KARACHI: The US dollar gained further in the interbank market Wednesday and was trading at 206.25 in the first session amid uncertainty over the revival of the International Monetary Fund’s (IMF) loan programme, Geo News reported. The Pakistani rupee depreciated over 1.09 paisas during the intraday trading today. The local currency…
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Italy becomes ‘billion dollar’ export market | The Express Tribune
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[ad_1] ISLAMABAD: At a time when Pakistan’s economy is struggling with the ever-widening trade deficit, some of its export markets are displaying an exceptional growth. Italy is among the countries where Pakistan’s exports have been rising phenomenally despite the tough market conditions caused by the Covid health emergency, said a statement issued on Tuesday. Italy…
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Currency update: Yen slides to 24-year low against US dollar
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[ad_1] US dollar and Japan yen notes are seen in this photo illustration June 2, 2017. TOKYO: The yen plunged to its lowest level against the dollar since 1998 on Monday as sky-high US inflation fuels a widening monetary policy gap between Japan and the world’s largest economy. Japan’s currency has been weakening for months,…
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Rupee once again hits 203-mark against dollar in interbank
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[ad_1] AFP/file KARACHI: In the first trading session after the budget 2022-23, the Pakistani rupee continues to fall and again surpassed the 203-mark by losing 65 paise in the interbank trade on Monday. Earlier, in view of the high dollar demand for import payments ahead of fiscal year-end, traders had said that the local…
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Dollar records sharp decline in interbank trade
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[ad_1] A representative image. KARACHI: The US dollar fell by Rs1.4 in the interbank market during intraday trade on Wednesday after surging to a record high of 202.83 a day earlier. The local unit was being traded at 201.4 against the US dollar at 10:15am, according to the Forex Association of Pakistan. The rupee fell…
