Rupee
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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) to 43,497 points just before noon. The recovery comes after Finance Minister Miftah Ismail announced…
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Rupee crosses 202 against US dollar | The Express Tribune
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[ad_1] KARACHI: Pakistani rupee maintained its free fall for the 15th successive working day, as it hit an intra-day low of around Rs203 against the US dollar for the first time in the inter-bank market on Thursday, after the International Monetary Fund (IMF) delayed the resumption of its $6 billion loan programme. The rupee hit…
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Rupee recovers after falling below 202 | The Express Tribune
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[ad_1] KARACHI: Pakistani currency continued to plunge for the 14th successive working day, as it crossed Rs202 against the US dollar at one point for the first time in the inter-bank market on Wednesday. The currency maintained its downturn as the country’s default risk, measured by the credit default swap (CDS), remained abnormally high amid…
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Rupee slides to 202 as uncertainty plagues markets | The Express Tribune
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[ad_1] KARACHI: The Pakistani rupee hit a new all-time low on Wednesday, reaching Rs202 against the US dollar for the first time in inter-bank market. The country’s capital markets continued to plunge as the ousted Pakistan Tehreek-e-Insaf (PTI) began its long march to the federal capital amid the coalition government’s crackdown on party workers and leaders in an attempt…
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Rupee falls for 12th consecutive day | The Express Tribune
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[ad_1] KARACHI: Pakistani currency maintained its free-fall on the 12th consecutive working day, as it hit a new all-time low of Rs200.93 against the US dollar on Monday amid growing political and economic instability in the country. A further drop in the domestic currency may not be ruled out following the reports that Doha talks…
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Rupee continues to sink, surpasses 201-mark against US dollar in interbank
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[ad_1] A trader can be seen counting the US currency. Photo: AFP/file KARACHI: The Pakistani rupee on Monday maintained its downward streak and dropped to an all-time low of Rs201 in the interbank market As per the details, the local unit further plummeted by Rs0.86 against the greenback in the interbank market today. It is…
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Rupee falls for 11th day in a row | The Express Tribune
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[ad_1] KARACHI: Pakistan’s currency maintained its downturn for the 11th consecutive working day, as it inched down by Rs0.14 on a day-to-day basis to a new record low at Rs200.14 against the US dollar in the inter-bank market on Friday. It closed at Rs200 against the greenback on Thursday, according to the central bank. The…
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Rupee further weakens US against dollar in interbank market
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[ad_1] A representational image of currency dealer exchanging Rs1,000 note. — AFP/File KARACHI: The Pakistani rupee depreciated further against the US dollar in the interbank market on Friday and was being traded at Rs201 amid concerns over the pace of its fall and a lack of support from the central bank According to the State…
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In a first, Pakistani rupee storms past 200-mark against US dollar in interbank
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[ad_1] ISLAMABAD: For the first in the history of Pakistan, the US dollar crossed the 200-mark in interbank trade on Thursday. Currently, the local currency is being traded at Rs200.20 against the greenback during intraday trade. More to follow … [ad_2] Source link
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Rupee surpasses 200 against dollar during intra-day trade | The Express Tribune
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[ad_1] KARACHI: The Pakistani rupee surpassed the much-feared Rs200 against the US dollar in intra-day trade in the inter-bank market on Thursday. The rupee lost Rs2.41 to Rs200.80 at around 1:45 pm compared to Wednesday’s close at Rs198.39. According to reports, Prime Minister Shehbaz Sharif expressed surprise over the free-fall in the rupee and convened…
