Rupee
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Rupee falls close to 200 in intra-day trading | The Express Tribune
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[ad_1] KARACHI: Pakistani currency dropped to the much-feared level of Rs200 against the US dollar at a point in time in the inter-bank market on Wednesday but partly recovered towards the close of market. It hit an all-time intra-day low at Rs199.61, according to market sources. However, the currency closed at Rs198.39, recording a fresh…
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Rupee climbs over 200-mark against US dollar in open market
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[ad_1] A representational image of a currency dealer counting currency notes. — AFP/File KARACHI: The Pakistani rupee surpassed the important threshold of 200 during intraday trading in the open market against the US dollar with a loss of nearly Rs2 on Wednesday, Geo News reported. Meanwhile, in the interbank market, the local currency continues to…
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Pakistani rupee devalues close to much anticipated Rs200 | The Express Tribune
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[ad_1] KARACHI: The Pakistani rupee devalued close to the much anticipated Rs200 against the US dollar in inter-bank market. At around 3pm, it was trading at Rs199.61, dropped by Rs3.87 in a single day. The latest depreciation comes amid the resumption of talks between the government and the International Monetary Fund (IMF) for the revival of…
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Rupee dives to 197 vs dollar, recovers partially | The Express Tribune
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[ad_1] KARACHI: Pakistani currency endured a steep decline of 1.5% and plunged to the historic low of approximately Rs197 against the US dollar in intra-day trade in the inter-bank market on Tuesday, but recovered partially towards the close of market following “the central bank’s intervention”. The rupee closed at a new all-time low at Rs195.74…
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Rupee hits another historic low of Rs195.5 against dollar
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[ad_1] Photo: AFP/File KARACHI: Pakistani rupee on Tuesday maintained its downward streak against the US dollar, breaching yet another important threshold of 195 the interbank market to hit its weakest level. In line with the prevailing trend over the last eight working days, the local currency was being traded at Rs195.5 against the greenback during…
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Rupee sinks to record 197 against USD in inter-bank market | The Express Tribune
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[ad_1] KARACHI: The Pakistani rupee on Tuesday suffered a significant drop of 1.5% and plunged to Rs197 against the US dollar in the inter-bank market. The fall of the rupee marks the eighth consecutive day of its sink, culminating in a 6% fall (or Rs11.30) to Rs196.99 to date. The local currency’s devaluation comes ahead…
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Rupee slumps to new record low | The Express Tribune
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[ad_1] KARACHI: Pakistani currency maintained its downturn for the seventh successive working day, as it nosedived to a new all-time low at over Rs194 against the US dollar in the interbank market on Monday. The government kept delaying required measures to control the growing economic crisis. The rupee fell 0.85% (or Rs1.65) to Rs194.18 against…
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Rupee sinks to Rs194 against US dollar | The Express Tribune
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[ad_1] KARACHI: The depreciation of the Pakistan Rupee against the US dollar continued on Monday as the rupee sunk to a historic low of Rs194 against the greenback in the inter-bank market. The rupee had closed at Rs192.53 on Friday, according to the central bank. However, today it shed Rs1.70 against the dollar to touch…
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Rupee fall, high prices add to fuel subsidy | The Express Tribune
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[ad_1] ISLAMABAD: The continued rise in global crude oil prices and depreciation of the rupee against the US dollar have increased the cost of petroleum product subsidy. With the rupee’s fall, a 3.17% increase in prices of petroleum products has been projected from May 16. The average exchange rate had been Rs185.95 to the dollar…
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Rupee continues to take battering, reaches another historic low
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[ad_1] A representational image. — AFP/File KARACHI: The Pakistani rupee has maintained its downward streak for the last few sessions now, as it crossed Rs193 against the US dollar on Friday, amid rapid depletion in foreign exchange reserves and uncertainty over the revival of the International Monetary Fund (IMF) programme. The rupee was trading at…
