Tag: Economic Data
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SBP report reveals Rs140 billion decline in Pakistan’s broad money supply
As of July 26, 2024, Pakistan’s broad money supply, known as M2, has decreased by Rs140.43 billion week-on-week, bringing the total to Rs35.15 trillion, according to provisional data from the State Bank of Pakistan (SBP). This represents a notable reduction from Rs36.56 trillion recorded at the end of the previous fiscal year in June 2024,…
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Pakistani rupee gains 6 paisa against US dollar, closes at Rs279.79
The Pakistani rupee (PKR) continued its upward trend against the US dollar (USD) for the fifth consecutive session, appreciating by 0.02 per cent in the interbank market on Tuesday.
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Pakistani rupee shows marginal strength, gains 4.51 paisa against US dollar
In Monday’s interbank session, the Pakistani rupee (PKR) exhibited a slight appreciation of 4.51 paisa against the US dollar (USD), settling at PKR 279.85 per USD, compared to the previous closing of PKR 279.9 per USD. The intraday fluctuations showed a bid high of Rs280.1 and an ask low of Rs279.8.
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Interbank closing: PKR gains 8 paisa to close at Rs279.9 versus USD
The Pakistani rupee (PKR) strengthened by 8.24 paisa against the US dollar (USD) in Friday’s interbank session, concluding the trade at PKR 279.9 per USD, surpassing the previous session’s closing rate of PKR 279.98 per USD.
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Pakistani rupee edges up against US dollar, marks 0.5% gain at closing
The Pakistani rupee exhibited a modest uptick of 0.1 per cent against the US dollar during the initial trading hours on Wednesday in the inter-bank market.
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PKR sustains positive momentum, gains 0.04% against US dollar in ninth consecutive session
In the inter-bank market, the Pakistani rupee continued its positive trend against the US dollar for the ninth consecutive session on Monday, appreciating by 0.04 per cent to settle at Rs280.24, reflecting a gain of Re0.12, according to the State Bank of Pakistan (SBP). During the preceding week, the Pakistani rupee sustained its upward movement,…
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PKR gains 2 paisa to close at Rs281.11 against US dollar
The Pakistani rupee sustained its upward trend against the US dollar for the seventh consecutive session, exhibiting a slight 0.01 per cent appreciation in the interbank market on Thursday.
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6th straight gain: Pakistani rupee closes at Rs281.13 against dollar
In a continued trend, the Pakistani rupee exhibited resilience against the US dollar, marking its sixth consecutive session of appreciation with a marginal uptick of 0.03 per cent in the inter-bank market on Wednesday.
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PKR ends week in green, settles at Rs281.4 vs USD
The Pakistani rupee demonstrated resilience, marking its third consecutive session of gains against the US dollar with a 0.1 per cent appreciation in the inter-bank market on Friday.
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Pakistani rupee strengthens by 5 paisa, closes at PKR 281.67 against US dollar
The Pakistani rupee (PKR) demonstrated a 5.08 paisa appreciation against the US dollar during Thursday’s interbank session, concluding at PKR 281.67 per USD, compared to the previous closing at PKR 281.72 per US dollar (USD).