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Rupee gains ground against USD, inter-bank rate at 207.33 | The Express Tribune
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[ad_1] KARACHI: The Pakistani rupee started showing signs of recovery on Thursday as it gained Rs4.60 against the US dollar to reach Rs207.33 in the inter-bank market, eventually breaking the two-week-long downward streak. The local currency recovered 2.17% to Rs207.33…
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Rupee gains ground against dollar after IMF news | The Express Tribune
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[ad_1] KARACHI: After reports of an imminent deal between the Pakistani government and the International Monetary Fund (IMF), the Pakistani rupee started showing signs of recovery on Wednesday as it gained over 0.40 paisas against the US dollar to reach…
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Stock market gains 1.7% on budget optimism | The Express Tribune
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[ad_1] KARACHI: Bulls dominated the Pakistan Stock Exchange during the outgoing week as investors remained optimistic and started the trading week on a positive note amid the federal budget announcement. The investors took fresh positions and opted to cherry-pick stocks…
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Rupee gains against USD in interbank market | The Express Tribune
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[ad_1] KARACHI: The Pakistani rupee gained Rs2.23 against the US dollar on Wednesday in the interbank market after days of depreciation by the local currency. The rupee touched Rs200.59 against the US dollar. The currency had dropped to a record…
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Rupee gains ground against US dollar | The Express Tribune
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[ad_1] KARACHI: The Pakistani rupee maintained an upward trend on the second consecutive working day, gaining another Rs0.70 – 0.35 per cent – to touch Rs199.06 against the US dollar in the interbank market on Monday. After opening at Rs199.76,…
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Rupee surges, KSE-100 index gains over 850 points during intraday trade
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[ad_1] A representative image. KARACHI: The financial markets Friday responded positively to the government’s announcement of the removal of subsidies on petroleum products and hopes for the revival of the IMF loan programme. The Pakistan Stock Exchange’s (PSX) benchmark KSE-100…
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Rupee gains against USD after two-week slide | The Express Tribune
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[ad_1] KARACHI: Pakistani currency recovered by Rs1.81 bringing it up to Rs200.20 against the US dollar at 11:20 am in the inter-bank market on Friday, ending the two-week-long free-fall. Similarly, the Pakistan Stock Exchange surged 2.25% (or over 950 points)…
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Market watch: Stocks fall as market fails to sustain gains | The Express Tribune
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[ad_1] KARACHI: The Pakistan Stock Exchange witnessed a volatile trading session on Tuesday, as the benchmark KSE-100 index after staying range bound throughout the day, shed around 255 points to settle below the psychological barrier of 46,000 points. Despite fresh…
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Market watch: Stocks lose all gains on profit-taking | The Express Tribune
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[ad_1] KARACHI: The Pakistan Stock Exchange witnessed a roller-coaster session on Monday, as the benchmark KSE-100 index after registering handsome gains earlier in the day, succumbed to late-session profit-taking, starting the week on a negative note. Investor sentiment was mainly…
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Oil prices extend gains | The Express Tribune
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[ad_1] LONDON/NEW YORK: Oil prices extended gains on Wednesday after Moscow said peace talks with Ukraine had reached a dead end, feeding worries about tight supplies even after US crude stocks rose by more than 9 million barrels. Brent crude…
