Shoaib Ansari
The dollar recorded stellar gains to reach the fiscal year high against the rupee as despite falling demand for the greenback in the interbank as well as the open market. On Tuesday, the dollar was
Shoaib Ansari
Pakistan’s current account deficit in the fiscal year 2019-20 shrank by nearly 78 percent to $2.96 billion compared to $13.434bn in the corresponding fiscal year, data released by the State Bank of Pakistan showed on
Shoaib Ansari
Pakistani rupee will remain stable in the short-to-medium term as soft demand for the country’s assets will cool the pressures on the rupee, said Fitch Solutions -- research arm of the Fitch Ratings. “Soft demand
Shoaib Ansari
The local currency on Thursday gained Rs1.20 against the dollar with exchange rate reverting back to Rs167.20 compared to Rs168.20 on Wednesday. The Exchange Companies Association of Pakistan said the rupee recouped earlier losses on
