Most Authentic News Source
The Pakistani Rupee (PKR) has reached its strongest level in three months, creating fresh optimism in the financial markets. This recovery of the rupee comes after a government crackdown on the dollar black market, which has helped stabilize exchange rates. The keyword here is Pakistani Rupee stability, a trend closely watched by traders, businesses, and …
Continue reading “Pakistani Rupee Hits Three-Month High Against US Dollar”
The Pakistani rupee strengthened marginally against the US dollar on Thursday, appreciating by 0.1% during the early hours of trading. At 10am, the rupee was trading at 278.45, gaining Re0.27 from its previous close of 278.72 on Wednesday, according to data from the State Bank of Pakistan (SBP). Pressure on Major Currencies Meanwhile, the US …
Continue reading “Rupee Appreciates by 0.1% in Inter-Bank Market on Thursday”
As of Wednesday, December 11, 2024, the Pakistani Rupee (PKR) is trading at Rs. 278.19 against the US Dollar (USD). The exchange rate continues to show volatility, reflecting ongoing economic challenges in the country. For every 1 USD, the Pakistani Rupee is valued at Rs. 278.19, or 0.0036 USD per unit of the Rupee. Forex …
Continue reading “Pakistani Rupee Weakens Against US Dollar on December 11”
The Pakistani rupee weakened marginally against the US dollar on Tuesday. The currency depreciated by 0.03% in the inter-bank market, closing at 277.95, a loss of Re0.09 from Monday’s value of 277.86, according to the State Bank of Pakistan (SBP). Globally, the Japanese yen showed signs of recovery, strengthening to 154.40 per dollar after briefly …
Continue reading “Pakistani Rupee Marginally Declines Against US Dollar”
London: Oil prices remained largely unchanged on Thursday, following earlier declines this week due to a stronger U.S. dollar and concerns over rising supply amid sluggish demand growth. At 1203 GMT, Brent crude futures gained 17 cents, reaching $72.45 a barrel. U.S. West Texas Intermediate (WTI) crude futures rose 14 cents, settling at $68.57 per …
Continue reading “Oil Prices Hold Steady Amid Dollar Strength and Supply Worries”
The Pakistani rupee showed marginal appreciation against the US dollar on Friday, appreciating by 0.06% during the early hours of trading in the inter-bank market. As of 10 AM, the rupee was valued at 277.68, gaining Re0.17 against the greenback. This uptick marks a positive change after the rupee settled at 277.85 the previous day, …
Continue reading “Pakistani Rupee Sees Slight Appreciation Against US Dollar”
The Pakistani rupee maintained a steady stance against the US dollar during interbank trading on Wednesday, showing a slight appreciation. By 10:20 am, the rupee traded at 277.65, gaining Re0.09 against the dollar. The rupee had closed at 277.74 on Tuesday, as per data from the State Bank of Pakistan (SBP). This minor gain of …
Continue reading “Pakistani Rupee Holds Steady Against US Dollar on Wednesday”
The Pakistani rupee has shown stability against the US dollar on Tuesday, showing a slight appreciation in early trading hours. By 9:50 am, the rupee traded at 277.63, marking a gain of Re0.05 against the greenback in the inter-bank market. This slight uptick followed Monday’s close, where the rupee had settled at 277.68, according to …
Continue reading “Pakistani Rupee Shows Stability, Gains Slightly Against US Dollar”
On Monday, the Pakistani rupee declined against the US dollar, depreciating by 4 paisa in interbank trading to close at Rs 277.68 compared to the previous day’s rate of Rs 277.64. The Forex Association of Pakistan (FAP) also reported that, in the open market, the dollar buying and selling rates were Rs 277.25 and Rs …
Continue reading “Rupee Decline Against Dollar as Forex Market Shifts”
KARACHI: The Pakistani rupee (PKR) appreciated by 18 paisa against the US dollar (USD) in interbank trading on Friday. The rupee closed at Rs277.61, improving from the previous day’s closing of Rs277.79. The Forex Association of Pakistan (FAP) reported that the buying and selling rates of the US dollar in the open market stood at …
Continue reading “Pakistani Rupee Gains Against US Dollar, Forex Reserves Rise”
Karachi: The Pakistani Rupee (PKR) appreciated by 09 paisa against the US Dollar (USD) on Tuesday in the interbank market, as reported by the State Bank of Pakistan (SBP). The greenback closed at Rs 278.61, compared to the previous day’s closing rate of Rs 278.70, reflecting a marginal improvement in the local currency’s value. In …
Continue reading “Pakistani Rupee Gains Slightly Against US Dollar, Euro Declines”
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 …
Continue reading “Pakistani Rupee Slightly Devalues Against USD”
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 …
Continue reading “Rupee depreciates by Rs 1.3 against US dollar”
The sales rate of the US dollar was Rs159.9, while the sale rate was Rs160.6 on Monday, 8 February. In the meantime, the prices of the US Dollar, Saudi Riyal, UK Pound, UAE Dirham, and other foreign currencies in the free market were as follows. Currency Buying Selling Australian Dollar 121 123 Canadian Dollar 123 …
Karachi: The US dollar depreciated against the rupee in both the foreign exchange markets on Friday. As a result, the dollar lost another 20 paise to close at Rs 160.30 in the open currency market. In the interbank market, the dollar fell further by 18 paise to close at Rs 160.10. Read, Gold prices rose in …
Karachi: US dollar, against Pakistani rupee, increases in the interbank market by 5 paisa on the first day of the business week. According to the data released by the State Bank of Pakistan, the US currency became 5 paise more expensive on Monday. The dollar rose from Rs 160.75 to close at Rs 160.80 Interbank …
Continue reading “Dollars rate spikes in the interbank market”
