Rupee
-
After gains in 28 consecutive sessions, rupee depreciates
.
[ad_1] A vendor at an exchange company counts dollars in this undated photograph. — AFP/File Following 28 days of straight gains against the US dollar, the Pakistani rupee Tuesday fell due to a correction, analysts said. The local currency fell Re0.2 or 0.07% against the dollar in the interbank market to close at 277.03, according…
-
Pace of rupee rise slows down | The Express Tribune
.
[ad_1] KARACHI: Pakistani currency maintained its uptrend in inter-bank market for the 28th successive working day on Monday but it gained less than Rs1 against the US dollar for third day in a row, indicating the currency is gradually entering the stabilisation phase. Earlier, on most of the days in the past four weeks, the…
-
Rupee appreciates for record 27 days in a row | The Express Tribune
.
[ad_1] KARACHI: Pakistani currency, which began its ascend with the crackdown on smugglers and gradual economic recovery, on Friday created history by maintaining its winning streak for 27 consecutive working days for the first time in three years. It hit over three-month high below Rs278 against the US dollar in inter-bank market. Talking to The…
-
Rupee breaches 280 barrier against dollar | The Express Tribune
.
[ad_1] KARACHI: Pakistani rupee maintained its powerful rally for the 25th consecutive working day on Wednesday, breaching the strong psychological barrier of Rs280 against the US dollar for the first time in three months. According to State Bank of Pakistan’s (SBP) data, the currency gained 0.36%, or Rs1, and hit a new three-month high at…
-
Rupee continues to rally against US dollar, gains Rs1.04 | The Express Tribune
.
[ad_1] ISLAMABAD: Pakistani rupee on Tuesday witnessed its 20th consecutive recovery session as it gained Rs1.04 against the US dollar in the interbank trading and closed at Rs285.72 against the previous day’s closing of Rs 286.76. According to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open…
-
Rupee may stabilise at 285/$ | The Express Tribune
.
[ad_1] KARACHI: Taking cue from a lot of happenings, the consistently strengthening Pakistani currency is projected to stabilise around the level of Rs285 to a US dollar in the inter-bank market. Any appreciation beyond that level will make imports cheaper and exports expensive, which will result in the widening of trade and current account deficits…
-
Rupee named world’s best-performing currency | The Express Tribune
.
[ad_1] KARACHI: The Pakistani rupee has claimed the title of the world’s best-performing currency for September, marking a seven-week high against the US dollar. On the seventeenth successive working day of its upward trajectory, the rupee closed at an impressive Rs287.74 against the greenback, gaining 0.35% or Rs1.01, according to the State Bank of Pakistan’s…
-
Rupee likely to ‘become top performer globally in September’
.
[ad_1] A currency exchange dealer counting Rs1,000 notes in this undated picture. — AFP/File As the interim government ramps up its crackdown on illegal dollar trade it is likely that the Pakistani rupee may turn out to be the top performer globally in September, Bloomberg, reported. The local currency rose around 6% this month against the dollar —…
-
Dollar falls by Rs1.05 as rupee strengthens for 17th consecutive session
.
[ad_1] A currency dealer can be seen counting $100 notes while Rs5,000 notes are placed on the table. — AFP/File The Pakistani rupee as part of its recent upward trend, strengthened by Rs1.05 in the interbank market on Wednesday. The rupee appreciated by 0.36% against the US Dollar from yesterday’s close of Rs289.8 as the…
-
Rupee breaches Rs290 mark against US dollar | The Express Tribune
.
[ad_1] KARACHI: The Pakistani rupee has displayed significant strength, breaching the Rs290 mark against the US dollar for the first time in the past seven weeks. This marks its fifteenth consecutive working day of gains on Tuesday. According to data from the State Bank of Pakistan (SBP), the domestic currency has made further gains, appreciating…
