Pakistani Rupee Slightly Devalues Against USD

The Pakistani Rupee (PKR) slightly devalued by Rs 0.6 against the US Dollar in interbank trading on Tuesday, closing at Rs 278.70. This marks a minor decline from the previous day’s closing rate of Rs 278.64. According to news reports, The Forex Association of Pakistan (FAP) reported that in the open market, the buying and …

Rupee Reaches One-Month High Against USD

Friday was the third day in a row that the Pakistani currency kept going up, and it recovered to around Rs260 to a dollar on the inter-bank market. According to the State Bank of Pakistan, the value of the rupee against the dollar went up by 0.36%, or Rs0.94, to a one-month high of Rs259.99 …

Interbank rupee gains momentum against dollar

The Pakistani rupee gained ground against the US dollar in interbank trading on Tuesday, rising by Rs2.59 to be quoted at 266.85. This gain came after the local currency had seen a decline on the first day of the week, closing at 269.44 against the greenback. The slight strengthening of the rupee has been attributed …

Rupee depreciates by Rs 1.3 against US dollar

KARACHI: Pakistan rupee, on Wednesday, continued to lose ground against the US dollar in the interbank market, falling by Rs1.3 to conclude the day’s trade around a two-week low of Rs172.93 per US dollar. Over the previous five days, the local currency has shed roughly 1.71 percent. Interbank closing #ExchangeRate for today:https://t.co/Vq2BLWpi7F pic.twitter.com/7wWQYfKSoR — SBP …

The rupee gains 20 paisas against the dollar

KARACHI: Due to a supply of foreign currency during the day, the rupee recovered 20 paisas against the dollar on Tuesday, dealers said. The rupee closed the day at Rs168.52 per dollar, down from the previous day’s close of Rs168.72 in the interbank foreign currency market. During the day, the market saw inflows of export …

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