Rupee
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Rupee makes massive gains in interbank market
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[ad_1] Money dealers count Pakistani rupees and US dollars at an exchange in Islamabad. — AFP/File KARACHI: The Pakistani rupee on Tuesday further strengthened in the interbank market, a day after making a rich recovery against the dollar following the…
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Rupee recovers ground against USD, trades for 276 in interbank | The Express Tribune
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[ad_1] KARACHI: In line with expectations, the new IMF programme strongly defended the Pakistani currency and allowed a significant fightback against the US dollar after it surged by 3.62,%, or Rs10, to Rs276 against the US dollar in the interbank…
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Gold makes sharp decline as rupee shows recovery
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[ad_1] An undated image of gold jewellery showcased in a jewellery store. — AFP/File KARACHI: Prices of gold in Pakistan took a massive decline on Monday by falling over Rs8,000 per tola as the rupee made a recovery against the…
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‘Positive development’: Experts foresee stability, rupee strengthening post-IMF deal
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[ad_1] Logo of the IMF. — AFP Pakistan on Friday secured the staff-level agreement (SLA) wit the International Monetary Fund (IMF) on a $3 billion stand-by arrangement, that help the country get out of the default situation and put the…
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How much will rupee gain if IMF deal is revived?
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[ad_1] A foreign currency dealer counts US dollars at a shop in Karachi on May 19, 2022. — AFP The government’s moves to meet several demands of the International Monetary Fund (IMF) — through the budget for the fiscal year…
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Rupee consolidates on back of improved reserves | The Express Tribune
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[ad_1] ISLAMABAD: The consolidating Pakistani currency on Friday ticked up 0.06%, or Rs0.18, to Rs287.19 against the US dollar in inter-bank market after the country’s foreign exchange reserves improved slightly. In open market, however, the currency dropped 0.67%, or Rs2,…
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Rupee recovers Rs7 vs dollar in open market | The Express Tribune
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[ad_1] KARACHI: Pakistani currency maintained its losing streak for the third consecutive working day on Tuesday amid mounting debt repayment pressure in June, the last month of current fiscal year. Analysts projected a sharp devaluation of the currency if the…
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In a U-turn, rupee dives in open market | The Express Tribune
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[ad_1] KARACHI: Pakistani currency on Monday again took a dramatic U-turn, diving 2.59%, or Rs8, to a four-day low at Rs308 against the US dollar in the open market amid short supply of the greenback on retail counters. In the…
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Rupee strengthens against dollar after credit card settlement directive
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[ad_1] A representational image of a money exchanger counting dollar bills and a stack of rupee notes is seen in the background. — APP/File KARACHI: The rupee on Thursday gained ground in the open market against the dollar after the…
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Rupee recovers sharply in open-market trade against USD | The Express Tribune
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[ad_1] KARACHI: Pakistani currency made a remarkable recovery of almost 5.5%, or Rs16, in a single day to a one-week high at Rs295 against the US dollar in the open market at around midday on Thursday. The currency had closed…
