Rupee
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Rupee falls to new record low | The Express Tribune
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[ad_1] KARACHI: The rupee weakened to an all-time low against the US dollar at Rs179.44 in the inter-bank market on Wednesday compared with Tuesday’s close of Rs179.22, according to the State Bank of Pakistan (SBP). The rupee fell further as demand for the dollar stood high compared to its supply in the wake of an…
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Rupee slides past 179 to a dollar | The Express Tribune
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[ad_1] KARACHI: The rupee continued to stay under pressure and fell to a historic low at Rs179.22 against the US dollar in the inter-bank market on Tuesday. According to the State Bank of Pakistan (SBP), the Pakistani rupee had closed at Rs178.98 against the dollar on Monday. A report of Arif Habib Limited stated that…
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Rupee close to falling below 179 a dollar | The Express Tribune
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[ad_1] KARACHI: The decision of the government to freeze prices of petroleum products is seemingly taking a toll on the rupee, which slumped to a fresh all-time low at Rs178.98 against the US dollar in the inter-bank market on Monday. According to the State Bank of Pakistan (SBP), the rupee had closed at Rs178.51 on…
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Rupee stays unchanged vs dollar | The Express Tribune
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[ad_1] KARACHI: The rupee stayed unchanged against the US dollar at Rs178.63 in the inter-bank market on Thursday compared with Wednesday’s close of Rs178.63, according to the State Bank of Pakistan (SBP). It is an all-time low for the rupee as demand for the dollar stood higher compared to its supply in the wake of…
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Rupee falls to new all-time low | The Express Tribune
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[ad_1] KARACHI: The rupee weakened to an all time low against the US dollar at Rs178.63 in the inter-bank market on Wednesday compared with Tuesday’s close of Rs178.61, according to the State Bank of Pakistan (SBP). On December 29, 2021 the rupee hit an all-time low of Rs178.24 against the greenback as demand for the…
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Rupee slips to new record low in inter-bank market | The Express Tribune
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[ad_1] KARACHI: The rupee felt the heat of Russia-Ukraine conflict as the currency fell to a fresh all-time low at Rs178.61 against the US dollar in the inter-bank market on Tuesday on the back of surging oil prices coupled with the forecast of wheat shortage, which would increase the import cost for Pakistan. According to…
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Rupee near all-time low | The Express Tribune
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[ad_1] KARACHI: The rupee weakened against the US dollar at Rs178.13 in the inter-bank market on Monday compared with Friday’s close of Rs177.5, according to the State Bank of Pakistan (SBP). On December 29, 2021 the rupee hit an all-time low of Rs178.24 against the greenback as demand for the dollar stood higher compared to…
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Rupee drop: winners and losers | The Express Tribune
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[ad_1] ISLAMABAD: In the past three and a half years, the local currency has depreciated by around 31% against the US dollar to stand at Rs175.86 in the inter-bank market on Friday (February 18). Experts believe that this devaluation has tremendously increased inflation besides raising the country’s debt to an unsustainable level. The Express Tribune…
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Rupee rises to 2.5-month high | The Express Tribune
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[ad_1] KARACHI: The rupee’s uptrend continued for the sixth successive day on Friday as the currency closed at a two-and-a-half-month high of Rs174.48 against the US dollar in the inter-bank market after exporters began selling the greenback. Exporters returned to selling counters as the market expected increased inflow of foreign currencies from multiple sources following…
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Rupee recovers to two-month high | The Express Tribune
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[ad_1] KARACHI: Pakistani currency hit a two-month high of Rs175.52 against the US dollar in the inter-bank market on Thursday after the International Monetary Fund (IMF) resumed its $6 billion loan programme and approved the release of next tranche of $1 billion. The rupee recovered 0.51% (or Rs0.89) to Rs175.52 compared to Wednesday’s close of…
