After a long weekend, the Pakistani Rupee (PKR) showcased significant resilience, notably gaining over Rs. 5 against the British Pound, despite a minor setback in its streak against the US Dollar. Starting…
Tag: PKR
PKR Continues to Rise Against US Dollar for Third Consecutive Day
The Pakistani Rupee (PKR) experienced a modest uplift for the third consecutive day against the US Dollar, maintaining its opening position at 279 in the interbank market today. Throughout today’s trading session,…
US dollar rises against PKR despite IMF deadlock Politics
During intraday trading today, the value of the Pakistani Rupee (PKR) weakened against the US Dollar (USD). It lost 10 paisas (0.05%) versus the dollar and ended the day at Rs. 223.91….
SBP 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…
IMF Deal to Stabilize the PKR, but Significant inflation Increases Expected
The new agreement that was reached with the International Monetary Fund (IMF) ought to play a significant part in maintaining the stability of forex reserves and have a favorable effect on the…
USD TO PKR: Dollar rate in Pakistan Today
USD to PKR – The current US Dollar rate in Pakistan is Rs. 170.87 as of October 7, 2021. The State Bank of Pakistan (SBP) publishes the interbank closing exchange rate for…