Karachi: US dollar on Thursday decreased by 73 paisas against Pakistani rupee in the interbank market. It is pertinent to mention here that Pakistani rupee had staggered to all-time low of Rs178.24 on December 29. The rupee appreciated by 0.41 per cent against dollar in the interbank market, ...

The Pakistani Rupee (PKR) slid to a new record low against the US Dollar (USD) and depreciated by 74 paisas against the greenback in the inter-bank market today. It hit an intra-day low of Rs. 176.3 against the Dollar during today’s open market session. The local currency depreciated by 0.42 ...

The Pakistani Rupee (PKR) continued to post strong gains against the US Dollar (USD) and appreciated 46 paisas against the greenback in the inter-bank market for the second consecutive day. It hit an intra-day high of Rs. 174.10 against the USD during today’s open market session. The PKR ...

KARACHI: The Pakistani Rupee gained 11 paisas against the dollar in early trade at the interbank foreign exchange market on Thursday. The dollar is being traded at Rs173.65 at the opening of the interbank market. The exchange rate was closed at Rs173.76 on Wednesday November 17, 2021. The ...

KARACHI: The State Bank of Pakistan taken Rs.251.05 billions of the market through mop up operations during 24-28 May 2021, while 2,410.3 billions were injected to maintain liquidity. SBP’s Domestic Markets and Monetary Management Department on Tuesday moped up Rs. 113 billions against 7 bids ...

ISLAMABAD: The exchange rate of Pak rupee was strengthened by 04 paisas against the US dollar in the interbank trading on Tuesday and closed at Rs157.03 as compared to the previous day’s closing of Rs157.07. According to Forex Association of Pakistan, the buying and selling rates of dollar in ...

The US dollar on the second day of the trading week— Tuesday has hit a one-year low in domestic exchange markets. Karachi: In the interbank exchange market, the US dollar lost 19 paisa to close at Rs157.85. Whereas, in the open market, the dollar fell 40 paisas to Rs157.90 at the closing of the ...

The dollar can now be bought for Rs157.95 in the open market as the greenback rate has dropped to a one-year low. The last time dollar was traded below Rs158 was on March 10 last year. “The State Bank took several initiatives such as Roshan Digital Accounts last year during the pandemic,” ...

Moody’s Investors Service has released a research announcement saying that Islamic financing will expand faster than conventional loans across South and Southeast Asia. “Islamic banks in South and Southeast Asia have sufficient capital and liquidity to meet [the] increased demand for ...

The buying rate of the US dollar link was Rs160.6, while its selling rate was Rs161.3 on Saturday, January 23. On Friday, the rupee weakened further for the third consecutive session amid higher demand for the dollars for import payments, dealers said. Moreover, the dealers said the local unit ...