Pakistani rupee loses more value to the US dollar
- 30-Sep-2024
Pakistani rupee on Monday depreciated 08 paisa against the US dollar in the interbank market and closed at Rs 277.71, SBP data showed. The greenback closed at Rs277.71 against the previous day’s closing of Rs 277.63. However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the […]
Rupee appreciates further against USD
- 13-Sep-2024
Pakistani rupee continues upward trajectory against the US dollar in the interbank market on Friday, SBP report said. The local unit (PKR) appreciated by 10 paisa against the US dollar (USD) and closed at Rs 278.16 against the previous day’s closing of Rs 278.44. However, according to the Forex Association of Pakistan (FAP), the buying […]
Pakistan rupee strengthen against US dollar
- 04-Jun-2024
KARACHI: Pakistan rupee strengthened 07 paisa against US Dollar in the interbank trading and closed at Rs 278.29 against the previous day’s closing at Rs 278.36. According to the Forex Association of Pakistan (FAP), the buying and selling rates of the Dollar in the open market, however, were Rs 277.25 and Rs 279.9 respectively. The […]
PKR continues recovery against USD in interbank market
- 20-Nov-2023
KARACHI: The Pakistani rupee maintained its upward trajectory against the US dollar for the fourth consecutive session, as it appreciated by Rs0.53 in the inter-bank market on Monday. As per the State Bank of Pakistan (SBP), the rupee settled at 285.97, an increase of Re0.53. During the previous week, the rupee had finally snapped its […]
Rupee continues winning streak against US dollar
- 13-Oct-2023
KARACHI: The Pakistani rupee (PKR) continued its gains on Friday, improving by another Rs 1.08 against the USD in the interbank market, according to the forex dealers. The US dollar was trading at Rs277.50 in the interbank at the start of the day. Similarly, the US currency has shed Rs1 in the open market and […]
Pakistan rupee set to become world’s best currency: report
- 28-Sep-2023
Pakistan’s rupee is set to become the top performer globally this month as the interim government continues crackdown on the illegal dollar trade, ARY News reported quoting Bloomberg report. According to Bloomberg report, the Pakistan rupee surged almost 6 per cent in September, a remarkable feat as most currencies including the Thai baht and South […]
Gold price in Pakistan witnesses significant decline
- 06-Sep-2023
KARACHI: The gold price in Pakistan on Wednesday witnessed a significant decline as rupee (PKR) continued its aggressive recovery against the US dollar (USD) in the open market, ARY News reported. According to data provided by the All Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of gold (24 carats) fell by Rs10,500 per […]
Gold price in Pakistan registers major drop
- 05-Sep-2023
KARACHI: Gold price on Tuesday registered a major drop in Pakistan in line with international market as the rupee shed 1.42 against the US dollar in the interbank trading, ARY News reported. According to data issued by All-Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of gold (24 carats) lost Rs6,300 per tola […]
Pakistani rupee drops to record low against US dollar
- 22-Aug-2023
KARACHI: The Pakistani rupee fell to a record low against the US dollar in the interbank market on Tuesday due to an easing in import restrictions that has lifted demand for the USD. According to State Bank of Pakistan (SBP), the local unit fell by Rs1.87 against the US dollar to close at Rs299 in […]
Pakistani rupee loses further ground against US dollar
- 02-Aug-2023
KARACHI: The Pakistani rupee continues its downward trend against the United States (US) dollar in the interbank market on third consecutive trading session, ARY News reported on Wednesday quoting SBP. According to the central bank, the rupee lost Rs 1.84 against the greenback to close at Rs283.38 in the interbank. In the open market, the […]