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Rupee fails to extend previous gains | The Express Tribune
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[ad_1] KARACHI: Pakistani currency failed on Wednesday to sustain the little gains made against the US dollar a day ago as it resumed the downtrend amid increased demand for the greenback for import payments and foreign debt repayment. The rupee…
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Gold trims gains in Pakistan, closes week with over 1% gain
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[ad_1] Gold bangles. — AFP/File KARACHI: Gold traded flat on Saturday, retaining gains registered during the week as investors waited for action from the policymakers in hopes that it would do more to tackle the economic crisis. Data released by…
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Gold gains as political woes persist amid PTI’s long march
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[ad_1] A representational image of gold bangles. — AFP/File KARACHI: Gold continued to shine in the domestic market for the fourth consecutive day on Wednesday amid political uncertainty and the PTI’s ongoing long march toward Islamabad. Gold is often seen as…
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Dollar extends gains on Fed rate hike expectations
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[ad_1] The dollar is up sharply against other currencies as the Federal Reserve presses ahead with sharp interest rate hikes to fight inflation. — AFP HONG KONG: The dollar extended gains Friday on expectations the Federal Reserve will press ahead…
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Dollar continues to extend gains against rupee, closes at Rs218.43
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[ad_1] A currency dealer counts US dollars at a shop. — AFP/File KARACHI: The Us dollar continued to gain ground against the rupee for the third consecutive session in the interbank market on Friday. The local currency closed at 218.43…
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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…
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Rupee gains further strength after Dar’s warning
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[ad_1] A currency dealer counts Rs5,000 notes in this AFP file photo. KARACHI: The rupee gained in value Thursday for the fifth consecutive trading session against the dollar after a change of leadership at the Ministry of Finance and a…
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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…
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Rupee gains Rs1.7 against dollar amid hopes of IMF programme revival
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[ad_1] The Pakistani rupee gained Rs1.75 to close at Rs205.12 against the greenback in the interbank market.— AFP/File KARACHI: As Pakistan received the Memorandum of Economic and Fiscal Policies (MEFP) from the International Monetary Fund (IMF) for the combined seventh…
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Rupee gains ground against USD, inter-bank rate at 209.20 | The Express Tribune
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[ad_1] KARACHI: The Pakistani rupee started showing signs of recovery on Thursday as it gained Rs2.73 against the US dollar to reach Rs209.20 in the inter-bank market before midday, eventually breaking the two-week-long downward streak. The domestic currency had closed…
