Rupee
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Pakistan rupee flat as demand outstrips dollar supply
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[ad_1] A money dealer talks to customers holding two phone receivers to both his ears as he displays $100 banknotes at a foreign exchange company. —AFP/File KARACHI: Pakistan’s rupee Friday ended flat against US currency, mostly owing to corporate demand…
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Rupee down versus dollar on political uncertainty
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[ad_1] A money exchange employee counts dollars. — AFP/ file The Pakistani rupee Thursday went down by a few notches versus the dollar, losing 0.05% in the interbank market attributable to restrained trade as investors awaited clarity on the army chief’s…
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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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After a day’s respite, rupee resumes downward trend against dollar
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[ad_1] A representational image of Rs1,000 rupee notes and $100 US dollar note. — AFP/File KARACHI: After a day’s respite, the Pakistani rupee once again reverted to its downward trend by depreciating 0.17% against the US dollar in the interbank…
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Gold edges upward as rupee depreciation boosts appeal
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[ad_1] A re[resentational image of gold jewellery. — AFP/File KARACHI: Gold price in Pakistan extended gains from last week as the continuous depreciation of rupee against the US dollar boosted the appeal of the safe-haven asset. Data released by the…
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Rupee continues to falter against US dollar
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[ad_1] A representational image of Pakistani notes of Rs10, 20, 50, 100, 500, 1,000 and coins of Re1, Rs2 and Rs5. — AFP/File KARACHI: The value of the US dollar touched Rs231 in the open market on Monday with the…
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Rupee dips to six-week low | The Express Tribune
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[ad_1] KARACHI: Weighed down by weak economic fundamentals, Pakistani rupee dipped to a six-week low at Rs223.17 to a dollar in the inter-bank market on Friday as importers were unsure whether the flow of the greenback would improve in the…
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Rupee stuck in reverse gear amid high default risks
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[ad_1] A currency dealer works at an exchange company. — AFP/File KARACHI: Pakistani rupee Friday remained stuck in reverse gear versus the dollar in the interbank trade as high default risks and low foreign exchange reserves sapped the sentiment. The…
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Rupee devalues against dollar for fifth straight day
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[ad_1] A currency dealer can be seen counting $100 notes while a stack of Rs5,000 notes is placed on the table. — AFP/File KARACHI: Pakistan rupee’s losing streak against the US currency in the interbank trade entered its fifth day as…
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Rupee continues to weaken against greenback amid high dollar demand
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[ad_1] Currency dealers exchanging Rs1,000 notes. — AFP/File KARACHI: In line with the increasing demand for the US dollar from importers due to import payment pressure, the Pakistani rupee continued to depreciate against the US dollar on Wednesday in the…
