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The exchange rate of the Pakistani Rupee (PKR) against the US Dollar (USD) saw a slight depreciation on February 12, 2025, indicating a minor shift in currency values. On February 12, 2025, the US Dollar was trading at approximately Rs. 279.5 in the open market. The selling rate stood at Rs. 281.2, reflecting an increase …
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Cryptocurrency has become one of the most attractive investment opportunities in recent years. On February 4, 2025, significant fluctuations were seen in the exchange prices of major digital currencies like Bitcoin (BTC), Dogecoin (DOGE), and Ripple (XRP). These changes provide a snapshot of the latest trends and movements in the cryptocurrency market, reflecting the most …
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Gold prices experienced a drop on Monday as the US Dollar (USD) soared to its highest level in over two years. This shift followed a strong U.S. jobs report last week, which reinforced expectations that the Federal Reserve will remain cautious about cutting interest rates this year. Gold Prices Decline Amid Stronger USD Spot gold …
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The Reserve Bank of India (RBI) likely sold dollars on Monday to stabilize the rupee. The Indian currency hit an all-time low of 86.39 per U.S. dollar in early trade. Traders reported that state-run banks were seen offering dollars, likely on RBI’s instructions. Rupee Hits Record Low The rupee slumped to 86.39, its weakest level …
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Karachi: Veon Group, a global digital operator, has injected USD 15 million into Mobilink Bank. The investment aims to boost Mobilink Bank’s strategic growth, focusing on microfinance, Islamic banking, and technological advancements. The fresh capital will enable the bank to expand its offerings in Micro, Small, and Medium Enterprise (MSME) financing. The funds will also …
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Islamabad: Pakistani consumers will face another increase in petrol and diesel prices in the upcoming fortnight. Rising global oil rates and elevated import costs are driving this price hike, which will add more financial pressure on consumers nationwide. Sources report that petrol prices are set to rise by Rs4 per liter, reaching Rs253 per liter, while …
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The Pakistani rupee (PKR) fell for the third straight day against the US dollar (USD) on Thursday. It opened at 277.6 in the interbank market and stayed bearish throughout the day. By the end of trading, the rupee closed at 277.84, losing 10 paisas against the dollar. In the open market, the PKR traded between …
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