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Rupee Continues to Fall Against the Dollar

Rupee Continues to Fall Against the Dollar

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…

Pakistani rupee to remain stable in 2020: Fitch

Pakistani rupee to remain stable in 2020: Fitch

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…

Rupee recovers lost ground to the dollar

Rupee recovers lost ground to the dollar

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…