interbank market Archives

Pak rupee plunged 8.29% to a new all-time low of Rs.290.18 against the US $ Reports in the market suggest that the IMF wants the value of the rupee in the interbank market to match its value in the black currency market.

On: March 3, 2023

Tagged: interbank market, International Monetary Fund, Pak Rupee, Plunged 8.29%, Rs.290.18 against $

Pak rupee plunged 8.29% to a new all-time low of Rs.290.18 against the US dollar in interbank market KARACHI ( Web News ) Pakistani rupee plunged 8.29% (or Rs.24.07) to a new all-time low of Rs.290.18 against the US dollar in the interbank market on Thursday. The rupee continued itsRead More →

Saudi Arabia extends the term of $3 billion deposit in the State Bank of Pakistan The extension of the deposit period is a continuation of the support provided by the Government of Saudi Arabia to Pakistan.

On: December 3, 2022

In: Breaking News

Tagged: $3 billion deposit, COVID-19 pandemic, interbank market, Pakistan Reserves, Saudi Arab

Saudi Arabia extends the term of $3 billion deposit in the State Bank of Pakistan KARACHI ( Web News ) Saudi Arabia has extended the term of three billion dollars deposit in the State Bank of Pakistan through the Saudi Fund for Development to support Pakistan’s economy. The extension ofRead More →

Dollar Hits Rs162.32 On Friday Amid Declining Value Of Rupee

On: July 23, 2021

In: Commerce and Industry

Tagged: Declining Value Of Rupee, interbank market, Open Market, US $ Pak. Rs. 162.32

Dollar Hits Rs162.32 On Friday Amid Declining Value Of Rupee dollar stacks ISLAMABAD (JAVED MAHMOOD ) Pakistani rupee depreciated by 84 paisa against greenback on Friday, continuing its downward journey amid strengthening dollar in interbank market as the currency closed the day’s trade at PKR 162.32 per USD. In theRead More →