Tag: EXCHANGE RATE
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Dollar falls to 152 against rupee on Google
The United States (US) Dollar on Friday evening took a dive against the Pakistani rupee on the Google currency converter, leaving traders perplexed. As per the details, the USD crashed to Rs152.62 from Rs277.50 earlier in the evening. While no statements were issued by Google or Morningstar Inc that provides the search giant with data…
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Exchange rates for today: PKR closes over 13 paisa lower against US dollar
The Pakistani rupee (PKR) dropped by 13.38 paisa, or 0.05 per cent, against the US dollar in the interbank market on Monday.
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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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Pakistan informs IMF of preparedness to address near-term challenges
In a recent communication to the International Monetary Fund (IMF), the government has underscored its preparedness to address potential near-term challenges, signalling a commitment to maintaining economic stability.
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IMF forecasts improved inflation, slower economic growth for Pakistan in FY24
The International Monetary Fund (IMF) has adjusted its economic projections for Pakistan, providing a comprehensive review in its latest report. The key highlights include a downward revision of inflation forecasts and a moderated economic growth projection for the fiscal year 2024 (FY24).
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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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Pakistan records $397 million current account surplus as exports, remittances increase
In December 2023, Pakistan’s current account exhibited a noteworthy surplus of $397 million, a stark departure from the $15 million deficit recorded in November, as reported by the State Bank of Pakistan (SBP) on Wednesday.
