dollar
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Rupee loses Rs4 against US dollar in open market
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[ad_1] A foreign currency dealer counts US dollars at a shop in Karachi, Pakistan, May 19, 2022. โ AFP/File The local currency on Tuesday witnessed a significant fall in its value against US dollar owing to falling remittances and prevailing…
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Dollar import curbs on currency dealers lifted
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[ad_1] A currency dealer counts US dollar notes at a currency exchange office in Karachi on May 26, 2023. โ PPI Pakistan’s central bank Tuesday lifted the restriction on exchange companies to import US dollars, allowing them to bring the…
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ECAP sees dollar dropping to Rs250 soon | The Express Tribune
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[ad_1] KARACHI: The Exchange Companies Association of Pakistan (ECAP) anticipates a gradual decline in the US dollar’s value to first Rs270 and subsequently to Rs250 following the disbursement of funds from the International Monetary Fund (IMF). The comments from ECAP…
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Rupee recovers Rs7 vs dollar in open market | The Express Tribune
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[ad_1] KARACHI: Pakistani currency maintained its losing streak for the third consecutive working day on Tuesday amid mounting debt repayment pressure in June, the last month of current fiscal year. Analysts projected a sharp devaluation of the currency if the…
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Rupee strengthens against dollar after credit card settlement directive
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[ad_1] A representational image of a money exchanger counting dollar bills and a stack of rupee notes is seen in the background. โ APP/File KARACHI: The rupee on Thursday gained ground in the open market against the dollar after the…
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‘Rupee may slump to 350 per dollar in June’
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[ad_1] An undated image of Rs1,000 note and Rs5 coins. โ AFP/File As the rupee continues to explore new records against the US dollar, stakeholders are now concerned about the maximum that the local unit will fall before holding its…
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Rupee makes suprising recovery of over Rs13 per dollar
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[ad_1] An undated image of a currency dealer counting $100 notes. โ AFP In a surprise move, the volatile Pakistani rupee made a sharp recovery of nearly Rs14, closing at Rs285.08 against the US dollar in the interbank market on…
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Rupee races to 300, trades at new low of 299 per dollar in interbank market
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[ad_1] An undated image of a currency dealer counting Rs500 notes. โ AFP The rupee tumbled to a record low as the cash-strapped nation continues to grapple with the political turmoil which threatens to spiral into a fullblown crisis.ย In…
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Rupee plunges 5.38 against dollar to fresh low
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[ad_1] A currency exchange dealer counts $100 bills. โ AFP/File As political uncertainty intensified across the country Wednesday following the arrest of Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan, the exchange rate was also affected, with the rupee falling to a…
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Oil prices drop more than a dollar | The Express Tribune
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[ad_1] TOKYO: Oil prices dropped more than a dollar a barrel on Monday after weak economic data from China and expectations of another US interest rate hike outweighed support from OPEC+ supply cuts that take effect this month. Brent crude…






