Tag: Devaluation

ISLAMABAD: Finance Minister Asad Umar on Friday ruled out a further devaluation of the rupee, which has lost about 25 per cent of its...

--Rupee drops to lowest value ever against US dollar at Rs144 in intra-day trading before SBP intervenes to raise it to Rs136.5-137.5 at market...

--Rupee closes at Rs 133.6431 in interbank trading against greenback, declining by 7.542% --Rupee devaluation, IMF bailout possible reasons behind increase in dollar rate   LAHORE: The...

SBP spokesman says market forces driving exchange rate Rupee devalued three times against dollar to prop up exports, rein in decline of foreign...

SBP says devaluation was triggered by payment pressures building within the market LAHORE: The rupee Tuesday depreciated Rs7.40 against the US dollar ($) after...

Govt to introduce ‘radical’ tax reform Prime Minister Shahid Khaqan Abbasi said in an interview with Bloomberg late Saturday that he will not opt...