Rupee
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Rupee continues slide against USD, shoots past Rs205 | The Express Tribune
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[ad_1] KARACHI: The Pakistani Rupee is being traded at Rs205.31 against the US dollar after it shed Rs1.51 in the interbank market on Tuesday. A day earlier, the PKR had closed at Rs203.85 against the USD. The rupee is in freefall against the greenback for the third consecutive day amid pressure on Pakistan’s foreign exchange…
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Rupee dips to new low on delay in IMF programme | The Express Tribune
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[ad_1] KARACHI: Pakistani currency maintained its journey towards south, as it lost another 0.74% (or Rs1.51) and touched a new all-time low at Rs203.38 against the US dollar in the inter-bank market on Monday due to renewed uncertainty about the revival of IMF loan programme. The rupee hit an intra-day low at Rs204.50 against the…
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Indian rupee hits record low on rate hike worries | The Express Tribune
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[ad_1] MUMBAI: The Indian rupee plunged to a record low against the dollar on Monday, ahead of an expected US interest rate hike this week, aimed at fighting surging inflation. The rupee hit 78.2825 per dollar for the first time as a forecast-beating US inflation report on Friday heightened prospects for a further tightening of…
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Rupee once again hits 203-mark against dollar in interbank
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[ad_1] AFP/file KARACHI: In the first trading session after the budget 2022-23, the Pakistani rupee continues to fall and again surpassed the 203-mark by losing 65 paise in the interbank trade on Monday. Earlier, in view of the high dollar demand for import payments ahead of fiscal year-end, traders had said that the local…
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Rupee continues slide, plunges to 204 against USD | The Express Tribune
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[ad_1] KARACHI: The Pakistani rupee shed at least Rs1.75 against the US dollar in the interbank market to reach Rs204.10 before noon on Monday. The rupee had closed at Rs202.35 against the dollar on Friday, as per the State Bank of Pakistan (SBP). Similarly, the Pakistan Stock Exchange (PSX) touched a two-year low at 41,231…
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India rupee hits record low amid sustained rise in global crude | The Express Tribune
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[ad_1] MUMBAI: The Indian rupee hit a record low against the US dollar on Thursday as the relentless surge in global crude oil prices raised concerns about a sustained rise in imported inflation, while choppy domestic shares also hurt. The partially convertible rupee was trading at 77.79/80 per dollar after touching a record low of 77.81.…
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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 low of Rs202.83 on Tuesday. The value of the dollar had risen sharply by a…
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Rupee dips to new record low | The Express Tribune
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[ad_1] KARACHI: Pakistan’s currency became highly volatile on Tuesday, as it dropped 1.37% (or Rs2.77) to close at an all-time low at Rs202.83 against the US dollar in the inter-bank market in the wake of mounted pressure of import payments and foreign debt repayments. The market opened in the morning at Rs200.06 and saw the…
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Rupee plummets to all time low of 203 against USD | The Express Tribune
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[ad_1] KARACHI: The Pakistani rupee on Tuesday made a historical drop of Rs3.06 (1.50%) in a single day and surpassed Rs203 against the US dollar for the first time ever in the inter-bank market. It was available for sale at Rs203.12 at around 11:20 am in the market on Tuesday, after closing at Rs200.06 against…
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Rupee plummets to all time low of 204 against USD | The Express Tribune
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[ad_1] KARACHI: The Pakistani rupee on Tuesday made a historical drop of Rs4.00 in a single day and surpassed Rs204 against the US dollar for the first time ever in the inter-bank market. It was available for sale at Rs204 at around 1:40pm in the market on Tuesday, after closing at Rs200.06 against the greenback…
