Rupee
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Gold rates gain over Rs3,000 per tola as rupee takes a hit
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[ad_1] The picture shows gold necklaces. — AFP/File KARACHI: Gold rates saw a major increase in Pakistan on Monday as the rupee took a hit against the dollar while the international prices also saw a minor gain. The price of…
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Rupee sheds over Re1 in interbank market
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[ad_1] A currency exchange dealer counts $100 bills in this undated picture. — AFP/File Rupee on Monday depreciated by over Re1 against the dollar in the interbank market. According to the State Bank of Pakistan (SBP), the rupee closed at…
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Rupee extends losses against US dollar in interbank
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[ad_1] A man is counting US dollars in this representational image. — AFP/File The local currency depreciated against the US dollar for the second consecutive working day on Wednesday, closing at Rs294.93 in the interbank market. The rupee fell by…
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Rupee loses Rs4 against US dollar in open market
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[ad_1] A foreign currency dealer counts US dollars at a shop in Karachi, Pakistan, May 19, 2022. — AFP/File The local currency on Tuesday witnessed a significant fall in its value against US dollar owing to falling remittances and prevailing…
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Rupee loses significant ground against USD | The Express Tribune
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[ad_1] KARACHI: The Pakistani currency witnessed a significant drop on Tuesday – the first day of the interim government taking over the reins of power in the centre – and closed at a three-month low of Rs292 against the US…
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Of rising oil prices and the devaluing rupee | The Express Tribune
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[ad_1] KARACHI: There’s an old adage that says, ‘Prepare for the worst and hope for the best.’ As Pakistan faces the twin challenges of rising oil prices and a declining rupee, this wisdom could not be more relevant. Being a…
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Further rupee fall likely under interim setup | The Express Tribune
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[ad_1] KARACHI: Market speculation suggests that Pakistani currency may face a fresh round of devaluation under the upcoming caretaker government ahead of general elections in late 2023. Outgoing Prime Minister Shehbaz Sharif has already announced the dissolution of National Assembly…
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Rupee rebounds, reaches Rs286.45/$ | The Express Tribune
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[ad_1] The Pakistani currency continued its impressive recovery for the second consecutive working day, gaining 0.21% or Rs0.59, against the US dollar in the interbank market on Thursday, reaching Rs286.45. This surge comes after Finance Minister Ishaq Dar announced that…
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Inflows help rupee recover against USD in interbank market | The Express Tribune
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[ad_1] KARACHI: The Pakistani currency improved by Rs2.14 to Rs275.34 against the US dollar in the interbank market on Thursday morning after the IMF executive board gave final approval for the $3 billion loan program for Pakistan. Market reports suggest…
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Gold falls by over Rs2,000 as rupee strengthens
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[ad_1] The picture shows gold bangles on display. — AFP/File KARACHI: The prices of gold in the local market fell on Tuesday for the second time this week as the rupee showed a rich recovery against the dollar after the…
