Rupee
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Rupee maintains bullish trend as dollar drops below 290 level
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[ad_1] A foreign currency dealer counts US dollars at a shop in Karachi on May 19, 2022. — AFP The Pakistani rupee continued its upward trajectory for the 16th consecutive session on Tuesday, hammering the US dollar below the Rs290…
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Rupee continues its rising streak for 15th straight session
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[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 maintained its upward trajectory against the US dollar for the 15th consecutive session on Monday. The local…
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Rupee surges Rs1.04 against US dollar as recovery continues | The Express Tribune
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[ad_1] ISLAMABAD: Pakistani rupee on Tuesday witnessed the 11th consecutive recovery session as it gained Rs1.04 against the US dollar in the interbank trading and closed at Rs 294.90 against the previous day’s closing of Rs 295.94. The recovery of…
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Anti-smuggling drive lifts rupee further | The Express Tribune
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[ad_1] KARACHI: Pakistani currency continued to strengthen for the ninth consecutive working day on Monday, on the back of strong support from administrative measures like a crackdown on currency smugglers and hoarders, which increased supply of foreign currencies in the…
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Gold continues to lose value in Pakistan as rupee appreciates
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[ad_1] Price of gold in the international market increases by $7 to $1,926 from $1,919. — AFP/File ISLAMABAD: As the rupee gained ground against the US dollar the per tola price of 24 karat gold declined by Rs2,600 and was…
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Rupee continues to make gains against dollar
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[ad_1] A dealer collect US dollars at a money exchange market in Karachi on January 26, 2023. — AFP KARACHI: The Pakistan rupee posted massive gains against the dollar on Monday in the open market in line with the government’s…
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Rupee crosses 307 on dollar scarcity | The Express Tribune
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[ad_1] KARACHI: The absence of US dollar inflows has kept on hitting Pakistani currency hard, sending it to a new historic low above Rs307 to the greenback in the inter-bank market on Tuesday. According to the State Bank of Pakistan…
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Time for caretakers to take care of rupee | The Express Tribune
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[ad_1] KARACHI: Enough is said about the consequences of Rs50 drop in the currency’s open market value in less than two months from Rs280 to Rs330 against king dollar. While a hurriedly conducted press conference was more of a message…
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New low: Rupee down by Rs5 | The Express Tribune
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[ad_1] KARACHI: Amid little availability of US dollars owing to liberalised demand, Pakistani currency slumped 1.5%, or Rs5, in a day to a new all-time low at Rs328 against the greenback in the open market, mounting pressure on inter-bank trade….
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PSX crashes as rupee continues to struggle against USD | The Express Tribune
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[ad_1] KARACHI: The Pakistan stock market crashed on Thursday while the rupee also maintained its downturn amid rising concerns related to stagflation and a deepening economic crisis. Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index dropped by over 1,750 points or…
