Tag: exchange
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‘Mannat Murad’ drama takes dramatic turn with unexpected slap exchange
The uber popular ‘Mannat Murad’ is Geo’s latest hit with a fervent following. People are especially invedted because it stars Iqra Aziz and Talha Chahour together, both firm fan favourites.The show is about problems in a big family and how sometimes people end up in marriages they didn’t really want. A preview for the next…
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4th consecutive decline: PKR drops by 46 paisas to Rs218.89
The Pakistani Rupee (PKR) lost ground against the US Dollar (USD) today, reversing last week’s gains. The local unit fell 0.21 per cent against the US dollar today, closing at Rs218.89 after losing 46 paisas in the interbank market. During today’s open market session, the rupee hit an intraday low of Rs219.500 against the US…
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Pakistani rupee continues to rise for 13th consecutive session
The Pakistani rupee is strengthening versus the US dollar in the interbank market and increased by more than 0.4 per cent on Tuesday morning. During intra-day trading, the rupee was quoted at Rs216.97 at around 10:40 am, up Rs1 or 0.46 per cent against the US dollar. On Monday, the rupee continued its upward trend…
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Pakistani rupee remains volatile as US dollar surpasses Rs211
On Monday, the Pakistani rupee dropped sharply to a record low of over Rs211 against the US dollar in the interbank market, indicating that the currency remains highly volatile. The rupee’s latest devaluation against the US dollar is the result of panic buying by traders in response to reports that some financial institutions were out…
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Pakistani rupee reaches a new all-time low of Rs190 against the US dollar
In the interbank market on May 11, the US dollar soared to an all-time high against the Pakistani rupee (PKR), reaching Rs190.10. In the morning. the local currency was trading at Rs189.89 to Rs190.04, with deals reported at Rs190. The dollar gained Rs1.44, surpassing the prior day’s finish of Rs188.66. The greenback touched an all-time…
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Pakistani Rupee crashes to a record low against US dollar
After a fourth consecutive session of losses on May 10, Pakistan’s currency hit an all-time low in the interbank market due to a lack of clarity on foreign cash inflow and a stronger US dollar. The rupee ended the day at Rs188.66, down Rs1.13, or 0.60 per cent, according to the State Bank of Pakistan…
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Pakistani rupee nearing an all-time low
On Monday, the Pakistani rupee (PKR) fell for the third consecutive session as depleted foreign exchange reserves and uncertainty over the renewal of the International Monetary Fund (IMF) programme weighed on the local currency. The PKR lost 0.48 per cent of its value against the US dollar in the interbank market. The rupee ended the…
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Pakistan’s forex reserves inch up to $17.05 billion
The State Bank of Pakistan’s (SBP) foreign reserves saw inflows of $36 million in the week ending April 16, 2022, representing a 0.3 per cent increase week over week. According to the SBP weekly update posted on Thursday, the country’s total liquid foreign exchange reserves increased by $16.9 million (+0.1 per cent) to $17.045 billion…
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Oil prices jump following Russia’s biggest production decline
Oil prices rose on April 13, after concerns that declining output in sanctions-hit Russia may affect supply, following the Russian announcement that peace negotiations to stop its invasion of Ukraine had reached a stalemate. Consequently, Brent crude futures were up 59 cents, or 0.6 per cent, to $105.23 a barrel, while West Texas Intermediate (WTI)…
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Pakistani rupee records impressive gains against US Dollar, highest single-day gain
In the intra-day trade on Friday, the Pakistani rupee (PKR) gained an impressive Rs3.5 against the US dollar, the highest single-day gain in two years after the Supreme Court (SC) pronounced the National Assembly (NA) deputy speaker order unconstitutional and restored the NA. The US dollar is currently trading at Rs185, as per foreign currency dealers,…