Rupee
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Rupee continues to gain little ground | The Express Tribune
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[ad_1] KARACHI: tained its uptrend for the second consecutive working day on Monday as it gained 0.20% (Rs0.43) to close at Rs220.41 to a dollar in the inter-bank market. The rupee has regained a total value of Rs0.50 in the past two working days. The currency got extended support in the backdrop of much-anticipated Financial…
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Seventh consecutive session: Rupee continues to lose against US dollar
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[ad_1] A file image showing a currency dealer counting $100 notes — AFP KARACHI: The rupee’s steep slide against the US dollar slowed down on Thursday as reports of encouraging current account deficit data extended support to the local unit. According to the State Bank of Pakistan (SBP), the local currency closed at Rs220.95 in…
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FinMin against particular supportive measures for Pakistani rupee
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[ad_1] There is no need for any particular supportive measures for the rupee, Finance Minister Ishaq Dar told Bloomberg Wednesday. Dar — in an interview with the publication in Washington, where he has been attending annual meetings of the International Monetary Fund (IMF) and the World Bank — said: “The rupee has been heavily undervalued.”…
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Rupee continues losing streak against US dollar
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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 lost ground against the US dollar as it depreciated by Rs1.16 in the interbank market on Wednesday. The local unit closed at 220.875 in the interbank market, according to the State Bank…
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Rupee continues to depreciate against dollar
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[ad_1] A foreign currency dealer counts US dollars at a shop in Karachi, Pakistan, May 19, 2022. — AFP/File KARACHI: Pakistani rupee extended losses against the dollar for the fifth straight session as the demand for the US currency from the importers heated up owing to the opening of new LCs (letters of credit). The…
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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 after depreciating 0.02% or Rs0.05 against the greenback in the interbank market, according to the…
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Dollar continues upward trend against rupee for second consecutive session
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[ad_1] A foreign currency dealer counts US dollar notes at a currency market in Karachi on July 19, 2022. — AFP The US dollar continued its upward trend against the Pakistani rupee for the second consecutive session as it gained 0.12 in the interbank market on Thursday. The dollar was trading at Rs218 after the…
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Rupee continues to rise against dollar for 13th straight session
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[ad_1] A currency dealer counts US dollars at a shop. — AFP/File KARACHI: The Pakistani rupee continued to recover against the US dollar for the 13th consecutive session in the interbank market Tuesday. The rupee closed at Rs217.79, appreciating by 0.18 or 0.08% from yesterday’s close of Rs217.97, according to the State Bank of Pakistan.…
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Dollar continues nosedive against rupee, closes at 217.97
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[ad_1] A file image showing a currency dealer counting $100 notes — AFP/File KARACHI: The Pakistani rupee continued its upward trajectory against the US dollar for the 12th consecutive session in the interbank market on Monday. The local unit appreciated by Rs1.95 or 0.89%, against the greenback and closed at 217.97 in the interbank market.…
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Rupee jumps by over Rs2 in interbank trade
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[ad_1] A currency dealer is calculating $100 notes. — AFP/File KARACHI: The Pakistani rupee continued its upward trajectory, rising by Rs2.19 against the dollar in the interbank market. The local unit was changing hands at 221.75 after gaining 2.19 in the interbank market during intraday trade at around 10am, up in value from the previous…
