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Rupee free fall continues on IMF tranche uncertainty
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[ad_1] A currency dealer can be seen counting Rs500 notes. — AFP/File KARACHI: The rupee continued to slide in the foreign exchange market, dropping by Rs1.64 against the US dollar to hit Rs205.50 during early morning trading on Tuesday. According to the State Bank of Pakistan (SBP), the currency had closed at an all-time low…
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SBP’s forex reserves fall $497m to $9.2b | The Express Tribune
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[ad_1] KARACHI: The foreign exchange reserves held by the central bank decreased 5.10% on a weekly basis, according to data released by the State Bank of Pakistan (SBP) on Thursday. On June 3, the foreign currency reserves held by the SBP were recorded at $9,226.2 million, down $497 million compared with $9,722.9 million on May…
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SBP’s forex reserves fall $366m to $9.7b | The Express Tribune
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[ad_1] KARACHI: The foreign exchange reserves held by the central bank decreased 3.62% on a weekly basis, according to data released by the State Bank of Pakistan (SBP) on Thursday. On May 27, the foreign currency reserves held by the SBP were recorded at $9,722.9 million, down $366 million compared with $10,088.6 million on May…
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SBP reserves fall $75m to $10.1 billion | The Express Tribune
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[ad_1] The foreign exchange reserves held by the central bank decreased 0.74% on a weekly basis, according to data released by the State Bank of Pakistan (SBP) on Thursday. On May 20, the foreign currency reserves held by the SBP were recorded at $10,088.6 million, down $75 million compared with $10,163.6 million on May 13.…
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Foreign exchange: SBP reserves fall $75m to $10.1b | The Express Tribune
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[ad_1] KARACHI: The foreign exchange reserves held by the central bank decreased 0.74% on a weekly basis, according to data released by the State Bank of Pakistan (SBP) on Thursday. On May 20, the foreign currency reserves held by the SBP were recorded at $10,088.6 million, down $75 million compared with $10,163.6 million on May…
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Rupee fall, high prices add to fuel subsidy | The Express Tribune
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[ad_1] ISLAMABAD: The continued rise in global crude oil prices and depreciation of the rupee against the US dollar have increased the cost of petroleum product subsidy. With the rupee’s fall, a 3.17% increase in prices of petroleum products has been projected from May 16. The average exchange rate had been Rs185.95 to the dollar…
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‘Dollar to fall after coming out of clutches of PTI-IMF deal’ | The Express Tribune
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[ad_1] ISLAMABAD: Finance Minister Miftah Ismail has held previous PTI-led government responsible for the current economic crisis in the country, saying that former prime minister Imran Khan-led regime’s “flawed agreement” with the International Monetary Fund (IMF) led to a rise in inflation and depreciation of rupee against US dollar. “If we get out of the…
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Market watch: Rupee fall, political turbulence pull stocks down | The Express Tribune
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[ad_1] KARACHI: The Pakistan Stock Exchange witnessed selling pressure on Wednesday, following rupee’s fall to an all-time low amid political turbulence, which dragged the benchmark KSE-100 index below the 43,000-point mark. Moreover, concerns about terms of the resumed IMF loan programme and delay in approval of Saudi Arabian aid package also contributed to the bearish…
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SBP reserves fall $59m to $10.5b | The Express Tribune
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[ad_1] KARACHI: The foreign exchange reserves held by the central bank decreased 0.56% on a weekly basis, according to data released by the State Bank of Pakistan (SBP) on Friday. On April 30, the foreign currency reserves held by the SBP were recorded at $10,499 million, down $59 million compared with $10,558.2 million on April…
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Foreign exchange: SBP reserves fall $59m to $10.5b | The Express Tribune
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[ad_1] KARACHI: The foreign exchange reserves held by the central bank decreased 0.56% on a weekly basis, according to data released by the State Bank of Pakistan (SBP) on Friday. On April 30, the foreign currency reserves held by the SBP were recorded at $10,499 million, down $59 million compared with $10,558.2 million on April…
