Remember yesterday’s rollercoaster ride for the Pakistani rupee? Well, buckle up for a twist! After dipping slightly against the US dollar, the rupee took a deep breath and bounced back today, thanks…
Tag: Dollar
Pakistani Rupee Ends Winning Streak Against Strong Dollar
The rupee was on a winning streak for the past week. Well, hold on to your wallets, because it took a slight break today. Don’t panic though, it’s still staying strong at…
Rupee Shines as Dollar Fades Away in Currency Markets
In recent financial news, the US dollar has lost value versus the Pakistani rupee, generating attention and debate among traders and the general public alike. Let’s break down what’s been going on…
Rupee Continued Crackdown Could Strengthen It to 250 Against Dollar
Due to smuggling crackdowns, Pakistan’s open market and interbank rates have dropped significantly, lowering the US dollar. Malik Bostan, president of the Forex Association of Pakistan (FAP), said the dollar might sink…
Pakistani rupee breaks all records, surges past 300 against the dollar
KARACHI: The Pakistani rupee surpassed the 300 mark against the US dollar in the interbank market on Thursday, based on data from the State Bank of Pakistan closing records. The local currency…
Pakistani Rupee Steady against dollar Expected to Weaken by Week’s End
The Pakistani rupee showed a slight recovery from its 3-day decline against the US Dollar today, opening at 289 in the interbank market. By 12 PM, it demonstrated a positive trend, reaching…
SBPĀ discourages dollar trading as PKR suffers its worst weekly decline since 1998
The State Bank of Pakistan (SBP) has discouraged interbank trade since the lack of US dollar banknotes has driven the Pakistani rupee to its lowest weekly level in over two decades. The…
SBP opposes interbank trade to alleviate dollar deficiency
The State Bank of Pakistan (SBP) has discouraged interbank trade amid a severe scarcity of US dollars that caused the rupee to experience its worst weekly decline since 1998, according to Bloomberg,…
Latest rate of dollar in Pakistan on 26 January,2022
KARACHI: As global crude oil prices climbed, the Pakistani rupee fell for the third day in a row versus the dollar. In the interbank foreign currency market, the rupee fell 26 paisas…
Dollar to PKR: Latest rate of dollar in Pakistan
KARACHI: At 9:00 a.m. PST on January 6, 2022, the average customer prices for buying and selling the US dollar (USD) against the Pakistani rupee (PKR) were Rs176.52 and Rs178.29, respectively. The…