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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…

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…