Tag: Currency Exchange
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IMF’s $700 million tranche approval crucial for Pakistani rupee’s recovery
The Pakistani rupee (PKR) is anticipated to recover against the US dollar starting on October 30, 2023, pending approval from the International Monetary Fund (IMF).
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Pakistani rupee declines by 48 paisa, closing at Rs280.57 against US dollar
In the financial markets this week, the Pakistani rupee (PKR) experienced a depreciation of 1.78 rupees against the US dollar, closing the week’s trade at PKR 280.57.
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Things will get more expensive amidst soaring petroleum prices: Finance Ministry
Due to the persistent escalation in energy and petroleum prices, it is anticipated that inflation will maintain its elevated trajectory in the months ahead.
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Pakistani rupee gains value, now at Rs292.78 per US dollar
The Pakistani rupee’s ascent against the US dollar persisted for the 12th consecutive session in the inter-bank market on Thursday, registering a 0.38 per cent gain.
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Pakistani currency strengthens amid crackdown on smuggling
The Pakistani rupee continued its upward trajectory against the US dollar, registering a 0.6 per cent appreciation in the inter-bank market on Monday. At precisely 2:15 pm, the rupee was quoted at Rs301.10, marking a notable increase of Rs1.85 within the inter-bank market. In the preceding week, the rupee exhibited a 0.83 per cent gain,…



