Tag: Dollar

Pak rupee depreciates further

Dollars gains 40-60 paisa vs rupee in a single day The greenback gained 40 to 50 paisas in a day, trading in the open currency...

Rupee further depreciates as dollars gains 50-60 paisas

  The greenback shot up in Pakistan by 55-60 paisas in the open currency market on Monday as analysts expect a further depreciation in the...

Dollar inter-bank rate hits record high for 2015

The United States dollar rose further against the rupee in the inter-bank market, hitting a 2015 high of Rs106.10 during the day's trading by...

Greenback moves up amid oil payments pressure

Despite improvement in reserves and other economic indicators of Pakistan, the Rupee has started to weaken in Pakistan while the US currency will further improve its position till end of next June this year, analysts said.

Political turmoil leads to dollar appreciation by 5 rupees in a...

KARACHI- The political uncertainty for the past month has lead to the appreciation of dollar against Pakistani rupee, a private news channel reported. Dollar was...

Army-backed political development: KSE-100 index shoots up to 1006 points

KARACHI- Karachi Stock Exchange’s (KSE) benchmark 100-share index shot up to 1006 points at 28834.01 on Friday start, following an expectation to the end of...

Rupee stages smart recovery

KARACHI-   Pakistan’s rupee staged a smart recovery against the US dollar Tuesday after the central bank prod banks to curb speculations in the currency...

Dollar hits six-month high against rupee

KARACHI- The US dollar rose 63 paisas in the inter-bank market on Monday after which it touched the Rs103.30 mark. Experts have blamed the current...

Dollar reserves dip to $14.4 billion

The country’s liquid foreign exchange reserves slid to $ 14.450 billion during the week that ended on July 18, reported the central bank on...

Rupee hits 18-month high against dollar

The dollar continued to lose against the rupee as it dropped down to Rs 95.70 in the interbank on Tuesday. Analysts said the rupee started...

Rupee makes gains against dollar

KARACHI Rupee maintained its upward momentum as the local currency on Wednesday made fresh gains against the US dollar in the currency market. Foreign exchange...

Pakistan won’t send arms to Syria: Sartaj Aziz

Prime Minister’s National Security and Foreign Affairs Advisor Sartaj Aziz informed the Senate's foreign affairs committee on Monday that Saudi Arabia had gifted USD...

Dollar falls against rupee as economy performs well

KARACHI Dollar has further depreciated against rupee which according to Finance Minister Ishaq Dar is that the country’s economy has performed well during the first...

Dollar reserves inch up to $8.7b

The country's dollar reserves stood at $8.737 billion during the week that ended on Feb 28. According to the State Bank, during the week under...

Asian shares drop to near 4-month low, dollar regains strength

MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS, eased 0.3 percent, heading for a fifth straight day of losses. Japan's Nikkei index .N225 shed 0.6 percent, adding to...

US debt deal hopes lift world shares, dollar fades

Firming hopes of a US deal to ensure the country does not default on its debt lifted world shares for a second day on...

Dollar reaches Rs113 before dropping back to Rs 106

The exchange rate of the dollar has decreased by Rs 4 and it is now being traded at Rs 106. On Thursday morning, the...