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Pakistani Rupee Displays Resilience, Gains Ground Against US Dollar

Pakistani Rupee Displays Resilience, Gains Ground Against US Dollar

In a Positive turn of Events the Pakistani Rupee Showcased Resilience against the US Dollar in the interbank Foreign Exchange Market, Registering a Recovery of 17 Paisas on Wednesday. The Closing Rate for the Day

Pakistani Rupee’s Winning Streak: 11th Consecutive Gain Against US Dollar

Pakistani Rupee’s Winning Streak: 11th Consecutive Gain Against US Dollar

The Pakistani Rupee has Demonstrated Remarkable Strength by Securing its 11th Consecutive Gain against the US Dollar in the inter-Bank Market. According to the State Bank of Pakistan (SBP) the Rupee Settled at 282.20 after

US Dollar Loses Value Against Pakistani Rupee in Interbank Trading

US Dollar Loses Value Against Pakistani Rupee in Interbank Trading

In a significant development, the US dollar has become less valuable when traded for Pakistani rupees. During Monday's Morning trading, the dollar's worth dropped by a Substantial Rs 1.22, going from Rs 277.62 to Rs

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

Dollar gains 58 paisas against Pakistani rupee

Dollar gains 58 paisas against Pakistani rupee

Pakistani rupee on Tuesday lost more than 58 paisas or 0.8 per cent in the interbank market to reach as low as Rs167 before settling at Rs166.50 against the dollar.  The exchange rate has been