Tag: USD
-
Exchange rates: Rupee closes at Rs277.68 against US dollar
The Pakistani rupee (PKR) recorded a marginal decline against the US dollar, depreciating 0.01 per cent in the interbank market on Monday.
-
Pakistani rupee closes week strong at Rs282.53 against US dollar
Pakistani rupee (PKR) demonstrated resilience against the US dollar (USD) by registering a 0.09% appreciation in the inter-bank market.
-
Pakistan’s cotton production surge offers hope for forex reserves
Cotton production this year is proving to be a silver lining for Pakistan’s foreign exchange reserves, with an impressive 83 per cent increase in production for the 2023-24 season, totalling 6.79 million bales.
-
Gold price surges by Rs4,900 in a single day, reaches Rs202,000 per tola
The price of gold in Pakistan has experienced a significant surge following an increase in the global market.
-
Second consecutive decline: Gold price drops by more than Rs6,000 per tola
The price of gold in Pakistan fell for the second consecutive day on Tuesday, as the rupee depreciated against the US dollar. The price of 24 karat gold decreased by Rs6,300 per tola (11.66 grammes) and Rs5,402 per 10 grammes, to settle at Rs232,800 and Rs199,588, respectively. The decline in gold prices was in line…
-
Pakistani rupee sets new record, falls to Rs307.10 per US dollar
The Pakistani Rupee set a new record as, in the interbank closing, it continued to weaken against the US dollar, losing PKR 1.4569 (0.48%) on a day-over-day basis, and concluding the session at PKR 307.0996 per US dollar.
-
Pakistani rupee snaps 10-day depreciation streak against US dollar with 0.02% gain
The Pakistani rupee (PKR) finally terminated its ten-session depreciation streak against the US dollar on Friday as the local currency concluded trading at Rs305.47 versus the greenback. The State Bank of Pakistan (SBP) reported a modest appreciation of Re0.07, or 0.02 per cent, when compared to the previous day’s closing rate.
-
Petrol price increased to historic high of Rs305.36 per litre
Check out the latest petrol and diesel prices effective from September 1st, 2023.
-
SBP likely to hike key policy rate by up to 300 basis points next month
The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) will likely meet at its upcoming meeting to decide on the key policy rate, and the market anticipates a possible rate increase of up to 300 basis points.
-
Pakistani rupee ends the day at another record low of Rs305.54 versus US dollar, losing Rs1.09
Pakistani rupee is nearing another historic low in the interbank market on Thursday.