Tag: lowest
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Pakistan’s weekly inflation reaches lowest point at 28.6% since October 2022
The Sensitive Price Indicator (SPI) recorded a weekly inflation increase of 0.70 per cent, reaching 28.55 per cent on a year-on-year basis for the week ending June 6.
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Pakistani rupee falls to Rs233 per US dollar in the interbank market
The Pakistani rupee (PKR) continued to fall on Tuesday as the country’s political turmoil worsened, trading at Rs233 to the dollar in the interbank market. Today, the US dollar gained Rs3.12 versus the local currency, compared to the previous day’s finish of Rs229.88, which was an all-time high at the time. The local currency has…
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Pakistani rupee falls to a new all-time low of Rs205 against the US dollar
In the interbank market today, the Pakistani Rupee (PKR) plummeted below its previous record low versus the US Dollar (USD). The local currency lost Rs1.30 in the interbank market today, depreciating by 0.63 per cent against the US dollar and closing at Rs205.16. During today’s open market session, the local currency reached an intraday high…
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Bitcoin falls to lowest since January after stock market
Bitcoin on Monday, May 9 fell to its lowest level since January 2022, as falling equity markets weighed on cryptocurrencies, which are now trading in line with riskier assets like tech stocks. In early trade, bitcoin fell as low as $33,266 to test the January low of $32,951. If it drops below that level, it…