Pakistani rupee Archives

Dollar at open market rose by Rs.1.5 and was being traded at Rs.215.50. The Pakistani rupee continued its losing streak against the US dollar on Tuesday and lost Rs1.79 during intra-day trading.

On: June 21, 2022

Tagged: against US dollar, losing streak, Monday’s record high, Pakistani rupee

KARACHI ( Web News) The Pakistani rupee continued its losing streak against the US dollar on Tuesday and lost Rs1.79 during intra-day trading. The dollar was trading around Rs.211.75, after appreciating by Rs.1.79 against Monday’s record high of Rs.209.96. Meanwhile, dollar at open market rose by Rs1.5 and was beingRead More →

Fitch Predicts Average Dollar-PKR Parity Around Rs180 In 2022

On: September 30, 2021

In: Commerce and Industry

Tagged: domestic market, Fitch Ratings, increased flow of US Dollar, Pakistani rupee, State Bank of Pakistan

Fitch Predicts Average Dollar-PKR Parity Around Rs180 In 2022 On August 26, 2020, the dollar hit Rs168.43. Then it started declining and reached Rs151.83 on May 14, 2021. However, the greenback started rising and has appreciated by 6.6 per cent and 9.9pc since June and May 14, 2021, respectively. ISLAMABADRead More →

Bangladeshi Taka, Indian Rupee Become More Valuable After Fresh Round Of PKR Depreciation

On: September 30, 2021

In: Commerce and Industry

Tagged: Bangladeshi Taka, Indian rupee, meeting with IMF, Pakistani rupee, Rs.170 to a US dollar

Bangladeshi Taka, Indian Rupee Become More Valuable After Fresh Round Of PKR Depreciation Despite being a nuclear power, economy of Pakistan is consistently sinking under the mounting debt burden and the incumbent government is constantly relying on borrowings, from wherever is available, no matter what are the conditions attached toRead More →