Rupee
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International decline, unchanged rupee lead to fall in gold’s value
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[ad_1] A representational image of gold bangles. — AFP/File As the price of gold dropped in the international market and the USD-PKR exchange rate remained unchanged, the precious metal’s value declined in the domestic market on Wednesday. The price of gold (24 carats) declined by Rs550 per tola and Rs471 per 10 grams to reach…
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Gold uptrend continues as rupee sees no major change
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[ad_1] People buy gold jewellery at a store in Amritsar, India on October 22, 2022. — AFP/File As the rupee continued to see no major changes, gold prices gained for the second straight day on Tuesday. The price of gold (24 carats) increased by Rs300 per tola and Rs257 per 10 grams to reach Rs217,400…
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Gold prices fall for second day as rupee appreciates
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[ad_1] Gold jewellery is seen in this iundated photo. — AFP/File Gold prices fell for the second consecutive day on Thursday, as the rupee appreciated against the US dollar in the interbank market. According to the data released by All Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of gold (24 carats) declined by…
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Rupee falls by Rs2.44 against dollar | The Express Tribune
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[ad_1] KARACHI: Pakistani currency dropped by 0.85%, or Rs2.44, to a five-day low at Rs287.09 against the US dollar in inter-bank market on Monday amid conflicting reports about the revival of International Monetary Fund’s (IMF) loan programme. With the fresh depreciation, the rupee stood just Rs0.76 shy of the record low of Rs287.85/$, touched on…
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Gold ends higher amid rupee rout; sliver at all-time high
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[ad_1] A goldsmith arranges ornaments on a manikin in his shop. — AFP/File Gold ticked up on Monday in line with the international markets amid yet another rupee rout, as traders mostly preferred not to take any adventurous positions a day ahead of the central bank’s monetary policy meeting. According to the data released by…
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Rupee stabilises against dollar at 283.55 | The Express Tribune
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[ad_1] KARACHI: Pakistani rupee continued to stabilise around current levels on Tuesday as it inched up 0.01%, or Rs0.03, and closed at Rs283.55 against the US dollar in inter-bank market. The rupee managed to inch up owing to low demand for dollar amid critically low foreign exchange reserves of the country at $4.6 billion. The…
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Gold continues to shine as rupee registers losses
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[ad_1] An undated image of a goldsmith showing a necklace to a customer. — AFP/File Amid a delay in the revival of the International Monetary Fund (IMF) programme, the rupee resumed its downtrend which pushed the price of gold upwards in Pakistan. The price of gold (24 carats) rose by Rs500 per tola and Rs428…
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Rupee makes recovery of 0.54% to Rs280.77 a dollar | The Express Tribune
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[ad_1] KARACHI: Amid optimism over the revival of the International Monetary Fund (IMF) loan programme, the volatile Pakistani rupee made a notable recovery of 0.54%, or Rs1.53, to close at Rs280.77 against the US dollar in the interbank market on Friday. Earlier, in the prior two consecutive days, the local currency had cumulatively lost 1.57%,…
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Rupee weakens against dollar in interbank market
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[ad_1] A representational image of a currency exchanger counting dollar notes. — AFP The Pakistani rupee slipped down against the US dollar in the interbank market on Thursday. After depreciating by Rs2.88 against the greenback, the local currency changed hands at Rs282 during intraday trade around 10:40am. General Secretary Exchange Companies Association of Pakistan (ECAP)…
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Rupee gains further ground against dollar in interbank market
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[ad_1] A foreign currency dealer counts US dollars at a shop in Karachi, Pakistan, May 19, 2022. — AFP/ file The Pakistani rupee further strengthened against the US dollar in the interbank market for the second consecutive trading session on Monday. As the greenback lost Rs3.46 against the rupee, the local currency changed hands at…
