Rupee
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Rupee shows signs of stabilisation | The Express Tribune
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[ad_1] KARACHI: The Pakistani rupee showed resilience on the thirteenth consecutive working day of its losing streak, indicating a potential stabilisation near the current level, slightly below Rs287 against the US dollar in the interbank market on Wednesday. Data from…
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PSX crosses 54,000 points threshold as rupee tumbles | The Express Tribune
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[ad_1] KARACHI: The Pakistan Stock Exchange (PSX) hit a new all-time high and surpassed the psychological barrier of 54,000 during the early hours of trading on Tuesday amid the ongoing ‘timely’ IMF review of the domestic economy under its $3 billion…
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Rupee continues to slide on 10th day | The Express Tribune
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[ad_1] KARACHI: The Pakistani currency continued its slide for the tenth consecutive working day, reaching a one-month low above Rs284 against the US dollar in the interbank market on Friday. According to State Bank of Pakistan (SBP) data, the local…
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With larger fall, rupee near 1-month low | The Express Tribune
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[ad_1] KARACHI: Pakistani currency on Wednesday hit nearly one-month low above Rs282.50 against the US dollar in inter-bank market, as it maintained the losing streak for the eighth consecutive day ahead of first IMF review under the $3 billion loan…
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Rupee touches two-week low | The Express Tribune
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[ad_1] KARACHI: Pakistani currency continued to cede ground for the fifth consecutive working day on Friday, reaching the two-week low above Rs280.50 to a dollar in inter-bank market owing to rising demand for the greenback. According to State Bank of…
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Rupee at Rs279/$ as IMF review looms | The Express Tribune
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[ad_1] KARACHI: Ahead of the upcoming International Monetary Fund (IMF) economic review, the Pakistani rupee weakened slightly to close above Rs279 against the US dollar in the interbank market. This depreciation is attributed to the increased demand for foreign currency…
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Rupee recovers nearly Rs1.5 in inter-bank | The Express Tribune
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[ad_1] KARACHI: Pakistani currency, while dismissing the negative sentiment, quickly recovered to slightly below Rs279 against the US dollar in inter-bank market on Thursday as the “authorities concerned did not find any unusual demand for the greenback.” According to State…
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Rupee rebounds to Rs278.81 against US dollar after sharp drop | The Express Tribune
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[ad_1] KARACHI: Despite recent setbacks, the Pakistani rupee exhibited resilience, quickly recovering to a rate slightly below Rs279 against the US dollar in the inter-bank market on Thursday. This positive turn of events can be attributed to the assurance from…
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Rupee falls for second straight session
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[ad_1] A money trader counts US dollars for a customer at a currency exchange office in Karachi on July 19, 2022. — Online The Pakistani rupee fell sharply against the dollar on Wednesday due to import pressure, analysts said. The…
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Rupee falls first time in four weeks | The Express Tribune
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[ad_1] KARACHI: After recovering 11% in the past 28 consecutive working days, Pakistani currency on Tuesday depreciated 0.07% and closed at Rs277.03 to a dollar in inter-bank market on the back of uptick in demand for the greenback. Market talk…
